Anheuser-Busch InBev (AB InBev) is merging its operations in Russia and Ukraine with Turkey's brewer, Anadolu Efes. The companies plan to merge their businesses in a 50-50 merger and create a new company to be known as AB InBev-Efes. ...
French automaker Renault has agreed to boost its presence in Iran and step up the brand's growth. The company signed a joint venture (JV) agreement with the Industrial Development & Renovation Organization of Iran (IDRO) and PARTO NEGIN ...
Tags: Renault, Renault products
Mexican dairy company Grupo Lala has agreed to acquire Brazil-based dairy and food firm Vigor Alimentos for BRL 5.725 bn ($1.84bn). The deal follows approval by Grupo Lala’s board of directors, with the favorable opinion of the ...
Tags: dairy company, dairy products
Metro has agreed to purchase a majority interest in MissFresh, a Montreal company which produces ready-to-cook meals. Ever-responsive to industry trends, METRO is thereby positioning itself in a growing market: the online sale of ...
Tags: ready-to-cook meals, Metro
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 ...
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
Osram of Munich, Germany has made an investment (in the mid double-digit million euros range) to acquire a strategic 25.1% stake in LeddarTech Inc of Québec, Canada, which was founded in 2007 and has developed patented Leddar LiDAR ...
Tags: Osram, LiDAR sensing technology
UK-based private equity firm Mayfair Equity Partners has acquired a majority stake in bakery company Promise Gluten Free. Based in Donegal, Ireland, Promise was founded in 2011 by Declan Gallagher, Tom Doyle and Ciaran Lally. Promise is ...
Tags: Cuisine Royale, gluten
Chinese paper and pulp company Anhui Shanying Paper Industry has agreed to acquire Swedish firm Nordic Paper from Special Situation Venture Partner lll and Petek. Special Situation Venture Partner lll and Petek, each hold 60% and 40% ...
Tags: Nordic Paper, Anhui Shanying Paper
Food and agriculture investment firm Arlon Group has purchased a minority stake in Brazil-based CBL Alimentos (Betania). Betânia is the largest dairy company in the Northeast Region of Brazil, producing fluid milk, dairy drinks and ...
Tags: Arlon, milk production
San Diego-based craft brewery Coronado Brewing is acquiring a majority interest in Monkey Paw Brewing. The move allows Monkey Paw to share in Coronado’s resources, further developing the brand, while simultaneously maintaining the ...
Multi-Color Corporation has agreed to acquire Constantia Flexibles’ labels division for around €1.15bn ($1.3bn). Once the deal concludes, Constantia Flexibles will have 16.6% stake in Multi-Color and two representatives will ...
Tags: Flexibles labels, beverage
Chinese manufacturing company Truking Group has completed the acquisition of a majority shareholding in Germany-based Romaco. The sale, which was announcved in May, gives Truking a 75% stake in Romaco. Former owner, provate equity fund ...
Tags: Truking
UK-based corrugated cardboard maker DS Smith is set to showcase e-commerce packaging solutions at Deliver #2 event in Germany. Deliver #2, which will take place on 27 and 28 June in Berlin, is an event that will bring together online ...
Tags: corrugated cardboard, Packaging
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