US-based Hormel Foods has entered into South America with the acquisition of Brazilian meat company Cidade do Sol for about $104m. Cidade do Sol offers over 70 products in 15 categories that include meats like mortadella, sausage and ...
Tags: Cidade do Sol, sausage
American branded food giant Hormel Foods has purchased Italian meats company Fontanini Italian Meats and Sausages from Capitol Wholesale Meats for $425m. Based in Chicago, Fontanini is a branded foodservice business which was established ...
Tags: Hormel Foods, Meats
Graphic Packaging International (GPI) said it will introduce a new packaging machinery system and robotic integration capabilities for the beverage industry at drinktec 2017 event in Germany. The company is also unveiling other machinery ...
Tags: packaging machinery, packaging
Spirits giant Diageo has completed its acquisition of George Clooney’s Casamigos Tequila brand, strengthening its position in the super-premium category. Under the deal, which was signed on 21 June 2017, Diageo initially paid $700m ...
UniNet will showcase its label and packaging solutions at this year’s Labelexpo Europe event in Belgium. The event will take place from 25 to 28 September in Brussels. At the event, UniNet will exhibit range of product solutions, ...
US-based meat-processing company Smithfield Foods has acquired Kansas City Sausage for an undisclosed price to grow its packaged meats business and boost its supply chain. Kansas City Sausage is a pre-rigor sausage producer and processor ...
Tags: Smithfield Foods, meat
API is set to introduce new TA+ cold foil at this year’s LabelExpo Europe event in Brussels, Belgium. The event will take place from 25 to 28 September. The company has developed new cold foil for pack designers and printers to ...
Scottish gin distillery Edinburgh Gin has opted for a new bottle design for its fruit gin liqueurs. The new bottles will be hand-blown by artisan glassmakers in Italy and they will feature the distillery’s logo embossed on to the ...
Tags: gin, Fruit Liqueurs
Consumer goods giant Unilever has agreed to acquire Weis, an Australian ice cream and frozen dessert manufacturer for an undisclosed price. The values and products of Weis are expected to help the British-Dutch multinational company in ...
Clondalkin Flexible Packaging Bury has appointed Alastair Bearman as its new sales and marketing director following the retirement of Martin Hardman. Alastair has 25 years flexible packaging experience with Americk Primopost and Pulse ...
Tags: Flexible Packaging, Packaging
Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...
For fiscal first-quarter 2018 (ended 1 July 2017), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $639.9m, down slightly on ...
Tags: Qorvo, IDP product
Honda announced the arrival of the 2017 Honda Clarity Electric sedan at select dealerships in California and Oregon. With a competitive introductory lease price of $269 (plus tax) a month for 36 months, the lease terms include an ...
Tags: Electric Sedan, electric motor
Starbucks has agreed to acquire the remaining stake of 50% in East China joint venture (East China JV) from Uni-President Enterprises Corporation (UPEC) and President Chain Store Corporation (PCSC). Starbucks will pay $1.3bn in cash and ...
Electric car maker Tesla Motors has delivered the Model 3 small car to its first 30 customers. The electric car comes at a starting price of $35,000 and offers around 220 miles (about 354km) of range on a single charge. Though the Model ...
Tags: Tesla Motors, Electric car