Dunapack Packaging, a unit of Austrian Prinzhorn Group, has signed an agreement to acquire corrugated business of packaging producer Camis Ambalaj Sanayi in Turkey. Financial terms of the deal were undisclosed. Camis Ambalaj Sanayi ...
Tags: Dunapack Packaging, agreement, Camis Ambalaj
The Gorman-Rupp Co subsidiary Patterson Pump Co has completed a letter of intent to acquire Morrison Pump Co. Founded in 1999, Hollywood, Florida, USA-based Morrison manufactures and services large capacity pumping systems primarily for ...
Tags: Morrison.Gorman-Rupp
Global food company Paulig Group has acquired a major stake of 51% in Finland-based Gold&Green Foods for an undisclosed amount. Gold&Green Foods is the manufacturer of pulled oats, a food innovation product. The partnership between the ...
Tags: Paulig Group, Gold&Green Foods
Corby Spirit and Wine has agreed to acquire the spirit assets of Domaine Pinnacle for C$12m ($9.2m). The transaction, which is expected to complete by the end of this month, includes Domaines Pinnacle's spirits portfolio of Canadian ...
Tags: Corby Spirit and Wine, Domaine Pinnacle, spirit assets
Cereal maker Post Holdings’ subsidiary Michael Foods has entered into an agreement to acquire National Pasteurized Eggs (NPE) for undisclosed sum. NPE offers pasteurized shell eggs under the Davidson’s Safest Choice brand and ...
Tags: Michael Foods, Post Holdings, NPE
US-based snack maker Snyder's-Lance has announced that its subsidiary Kettle Foods will acquire the remaining 74% stake in Metcalfe's skinny. However, the financial details of the transaction were not disclosed. In January, Kettle Foods ...
Australian packaging company Amcor has signed an agreement to acquire the North American plastic blow molding operations of US-based packaging firm Sonoco Products for $280m. Under terms of the deal, Amcor will acquire Sonoco Specialty ...
Tags: Amcor, Sonoco Products, agreement
British grocery chain Tesco has announced that it will offload its Euphorium bakery chain to refocus on core supermarket business. The move is in line with a strategy initiated by its chief executive Dave Lewis to revive the ...
Tags: Tesco, Euphorium bakery chain
Berry Plastics Group has signed an agreement to acquire AEP Industries, a North American manufacturer of flexible plastic packaging films, for $765m including debt. Under the terms of the deal, each shareholder of AEP will receive either ...
Tags: Berry Plastics Group, AEP Industries, debt
Chinese pork production company WH Group revealed that CDH Investments, one of its major investors, is planning to sell 10.61% stake in the company worth about HK$9.25bn($1.19bn). CDH is planning to offload a total of 1.55 billion shares ...
Tags: WH Group, CDH Investments
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
Hung Hing Printing Group announced its interim results for the six months ended 30 June 2016, reporting a 6.2% decline in revenue to HK$1,323 million. Book and Package Printing, the Group’s largest business unit, and the Paper ...
The Australian Competition and Consumer Commission will not oppose two separate proposals by consortia to acquire the 50-year lease of the Port of Melbourne, following careful consideration of potential cross-ownership interests and ...
Tags: ACCC, Port of Melbourne
Swiss food group Orior has announced that it will acquire the Culinor Food Group to strengthen its presence in the European market. Operating out of Benelux, Culinor is a major producer of ready-made meals and meal components serving ...
Tags: Orior, Culinor Food Group, expand
EVEN Electric, a new venture has been announced in Ottawa, Canada to drive global sales and distribution network for electric vehicle transportation with multi-brand, new and pre-owned vehicles through retail and online channels. EVEN ...