Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
Groupe Renault has debuted what it claims to be the world’s first in autonomous obstacle avoidance that matches professional test drivers. Renault Open Innovation Lab, which is based in Silicon Valley, developed the new feature for ...
Tags: Autonomous Cars, Renault
Bobst, a Switzerland based supplier of equipment and services to packaging and label manufacturers, has introduced new automatic packer for corrugated packaging. The Speedpack corrugated-box packer is designed to gently pick up boxes, ...
Tags: Bobst, Corrugated Packaging
SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Fifty50 Foods has designed new packaging for its certified low-glycemic products, which are produced for people living with diabetes. The company produces a variety of certified low-glycemic foods ranging from peanut butters and fruit ...
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
DuPont Teijin Films has introduced a new class of flame retardant PET polyester films to promises to help designers in the industrial, transportation, construction, electronics and label industries provide improved safety. The new ...
Tags: PET polyester, polyester films
Topas Advanced Polymers and Polyplastics claim that discrete layers of cyclic olefin copolymer (COC) significantly improve the performance in three- and five-layer packaging film structures made of linear low density polyethylene (LLDPE). ...
Tags: LLDPE Packaging, Packaging
Coca-Cola Company, along with Coca-Cola European Partners, has launched its first joint sustainability action plan for Western Europe. The action plan iincludes new commitments on drinks, packaging and society in the region. The ...
Tags: PET bottles, Coca-Cola, Packaging
German automotive parts supplier Continental has agreed to acquire Israeli start-up Argus Cyber Security for an undisclosed amount. Post the acquisition, Argus Cyber Security will be part of Continental’s subsidiary Elektrobit (EB). ...
Tags: automotive parts
GPA Global, an EQT Mid Market company, has agreed to acquire MW Luxury Packaging, a provider of packaging solutions to the spirits, beverage and health & beauty industry. MW Luxury Packaging is engaged in providing concept design, ...
Tags: GPA Global, Luxury Packaging
Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
ProPhotonix Ltd of Salem, NH, USA, a designer and manufacturer of LED illumination systems and laser diode modules for OEMs and medical equipment companies (as well as a distributor of laser diodes for Ushio, Osram, QSI, Panasonic and Sony) ...
Tags: ProPhotonix, Integrated Optics
Beatson Clark, a UK glass packaging manufacturer, said it will showcase its products and services at the new Craft Beer Italy conference and exhibition in Milan. The packaging company will particularly showcase its embossing techniques ...
Tags: glass packaging, packaging