Sovos Brands, a new food and beverage firm established by Advent International, has completed its the acquisition of Rao's Specialty Foods. Financial terms were not disclosed. Rao's Specialty Foods is the second acquisition in less than ...
Tags: Specialty Foods, food, beverage
Bormioli Luigi has partnered with Funds advised by Triton to acquire the Pharma and Tableware business divisions of the Bormioli Rocco group. Both business divisions will be owned and run independently of each other, as Bormioli Luigi ...
Tags: Bormioli Luigi, Tableware
Spain-based food company Cerealto has closed the acquisition of Italian pasta maker Pastificio Mediterranea for an undisclosed price. The acquisition, which was completed following an approval from Concordato de Alessandria, also includes ...
Tags: Cerealto, Italian Pasta
Plastic packaging solutions provider Alpla has agreed to acquire South Africa-based Boxmore Packaging for an undisclosed sum. Based in Samrand of Johannesburg, Boxmore manufactures PET pre-forms, PET bottles and closures for the customers ...
Tags: Plastic packaging, packaging
A new fruit packaging solution which features Sirane's shelf-life extending technology has demonstrated significant shelf-life extension with punnets of cut fruit. The new packaging range has been developed in collaboration with Ilip, an ...
Tags: Packaging Solution, Packaging
Swedish confectionery and nuts company Cloetta has agreed to divest Cloetta Italy to Katjes International. The sale equals an Enterprise Value (EV) of approximately SEK 450m. The proceeds will generate a positive net cash effect of ...
Tags: Cloetta
Plastic packaging solutions provider Alpla has agreed to acquire Italian firm Propack for an undisclosed sum. Established in 2002 and based in Ostellato, Propack manufactures high-density polyethylene (HDPE) and polyethylene terephthalate ...
Tags: Alpla, Plastic packaging
Finnish industrial supplier Valmet has received an order to supply its Advantage NTT tissue production line to Sofidel’s Ibertissue mill in Bunuel, Navarra, in Spain. As per the order, Valmet will supply NTT 200 tissue production ...
Tags: Valmet, automation system
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Packaging solutions provider Molins has agreed to divest its instrumentation and tobacco machinery (I&TM) division to Coesia subsidiary G.D S.p.A for around £30m. The company intends to use the proceeds from the deal to invest in ...
Tags: Packaging, Tobacco Machinery
Pro Mach has acquired Italy-based labeling solutions provider P.E. Labellers for an undisclosed sum. Based in Porto Mantovano of Northern Italy, P.E. Labellers is engaged in the development and manufacturing of high-speed rotary and ...
Tags: Pro Mach, P.E.Labellers
It's finally happened – the Google Assistant arrives on the Apple iPhone today. Among the initial announcements at Google I/O 2017, the Mountain View-based company confirmed recent rumours. The Assistant, which arrives as a ...
Tags: Apple iPhone, Google
ebeam Technologies, a developer and manufacturer of electron beam (EB) curing systems, has added inks producer INX International to its portfolio. The companies have formed a partnership, which will boost the development of new ebeam ...
Tags: packaging, digital print
Berlin Packaging, a supplier of plastic, glass, and metal containers and closures, has announced that it received a record number of gold medals at the NACD (National Association of Container Distributors) 2017 Packaging Awards. Four of ...
Tags: Berlin Packaging, Packaging
Italian intellectual property firm Bio-on has developed bioplastic material aimed at creating new sustainable and biodegradable food packaging materials in the future. Developed with a budget of €4m, the bioplastic will be featuring ...