America's PerkinElmer is set to acquire Perten Instruments Group, supplier of advanced analytical instruments for quality control of food, grain, flour and feed. The net purchase price of the deal is around $266m and the transaction is ...
Tags: grain, flour, feed, Agriculture
Finland-based packaging company Huhtamaki will be selling its films business to German private equity company Deutsche Beteiligungs for $175m (€141m). Huhtamaki is known for supplying paper cups to McDonald's. The company stated ...
Tags: food packaging, Films Segment, Agriculture
Canadian private equity fund Onex has agreed to acquire Switzerland-based juice-box maker SIG Combibloc Group for around €3.75bn ($4.66bn). Out of the agreed amount, Onex will pay €3.575bn ($4.44bn) at the closing of the ...
Tags: juice-box maker, Combibloc, Agriculture
Freedom Foods signs dairy deal with China’s New Hope Group Australian food manufacturer Freedom Foods and its major shareholder the Perich Group have announced the signing of a Memorandum of Understanding with China’s ...
Tags: Freedom Foods, dairy, Agriculture
Brazil’s JBS buys Primo Smallgoods Australia’s largest meat processor, marketer and export JBS Australia has signed a $1.45 billion deal to acquire ham, bacon and smallgoods producer Primo Smallgoods. The brands of the Primo ...
Tags: ham, bacon, smallgoods, Agriculture
Diageo pursues tequila, drops whiskey Global alcoholic beverages giant Diageo has announced an agreement with distiller Casa Cuervo to acquire full global ownership and control of tequila brand Tequila Don Julio. In return, Diageo has ...
Tags: Tequila, Whiskey, Agriculture
Retail Food Group acquisition of La Porchetta collapses Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced that a deal to acquire the 70 ...
Tags: Retail Food, casual dining, Agriculture
Dairy and meat industry boost from new China FTA deal A new Free Trade Agreement (FTA) has been finalised between Australia and China, with the Australian dairy and meat industries expected to benefit. Australian Prime Minister Tony ...
Tags: Dairy Industry, Meat Industry, Agriculture
Japanese firm Mizkan foods has revealed a plan to cut 66 jobs in Bury St Edmunds, one of its three food plants in the UK. Around 350 people are employed at the Bury plant, which produces Branston Pickle, Sarson's Vinegar and Haywards ...
Tags: Slash Jobs, Food Factories, Agriculture
Irish meat processor Dawn Meats has agreed to acquire 49% stake in Terrena’s beef processing arm Elivia, in a deal worth €40m. The move is in line with Terrena's strategy to boost its beef processing business outside its ...
China imported 2 million mt of natural gas via pipelines in October, up 8.8% from a year earlier, data released Saturday, November 22, by the country's General Administration of Customs showed. China's customs department reports natural ...
Tags: Pipeline Gas, natural gas
Speaking to Packaging News, Kerridge said that he hadn’t left the company but was in the process of overseeing a “managed transition” of his responsibilities to GPI. He said: “This has been mutually agreed and ...
Tags: special projects, notice period, Packaging
Meat processor JBS Australia has agreed to acquire ham and bacon producer Primo Group, in a deal worth $1.45bn. The move is in line with the company's strategy to grow its presence in value-added products. Founded in 1985, Primo ...
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
The first Toy & Game Inventors Workshop took place in September, as budding toy creators grasped the opportunity to pitch their ideas to some of the biggest companies in the industry. Billy Langsworthy reviews the event and explains how it ...
Tags: Toy&Game Inventors, Toys