France-based rice producer Marbour has agreed to acquire 100% stake in Canadian establishment MRRM. Both the companies have entered into a definitive agreement to this effect. MRRM mills, bags, packages, cans, processes, and sells ...
Tags: rice, Marbour, MRRM mills
Bosch Packaging Technology is planning to reinforce its presence in the liquid food industry with the acquisition of Osgood Industries. Oldsmar, Florida-headquartered Osgood Industries produces fill- and seal equipment, including ...
Tags: Bosch Packaging, Packaging
Japanese beverage maker Suntory intends to double the revenue at Beam spirits business to $10bn over the next five years. The firm plans to leverage on the growing demand for drinks such as whiskey and bourbon. In addition, it is ...
Tags: Suntory, beverage maker
UK-based Essentra has completed the acquisition of Clondalkin’s specialist packaging division (SPD) for $455m, paving way for opening up the US market to Essentra as well as boost its existing presence across Europe. Clondalkin ...
Tags: Essentra, packaging division
South African fresh fruit firm Capespan has expanded its fruit packing capability with the acquisition of Novo pack house. Located in Paarl in the Western Cape, Novo pack house is an advanced pome fruit packing facility and it is ...
Tags: fruit, Agriculture
For the full year of 2014, sales at global specialty chemical company, Eastman Chemical grew by just 2 per cent over 2013 to $9.5 billion. Operating earnings for 2014 amounted to $1.6 billion, a slight increase compared with 2013, while ...
Tags: end-market demand, hygiene, Apparel
Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
Posted in Medical Device Business by Chris Newmarker and Brian Buntz on January 28, 2015 Medtronic is expected to enjoy lower corporate taxes now that it has moved its official headquarters from the U.S. to Ireland through its merger with ...
Tags: credit rating, Health
3M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
The US International Trade Commission (USITC) has officially voted to uphold the findings that China and Taiwan PV manufacturers have been dumping their products. The tariffs against PV imports will follow the Depart of Commerce's (DOC) ...
HanesBrands, a leading global maker and marketer of everyday basic apparel under world-class brands, has appointed Franck J Moison, chief operating officer of emerging markets and business development for Colgate-Palmolive Company, to the ...
Tags: emerging markets, apparel
Print and visual communications specialist Callprint has announced the recruitment of Andy Phillips, who will join the new team at Jupiter Visual Communications, part of the Callprint group, where he will take on the role of Regional ...
Tags: lighting solutions, retail businesses, Office Supplies
After 10 years at the helm of Amcor, Ken MacKenzie has decided to retire from the position of managing director and chief executive officer, Amcor chairman, Graeme Liebelt announced on 22 January. “I believe after 10 years in the ...
Deckers Brands, which owns the Ugg, Teva, Sanuk, Ahnu and Hoka One One brands, has appointed David E. Lafitte chief operating officer (COO), effective Feb. 2. Lafitte previously served as the company's general counsel and replaces Zohar ...
Tags: manufacturing, IT, inventory management, Sporting Goods
W&M Watson Packaging has completed acquisition of local polythene product distributor Peter Bryson Packaging (Scotland). The two companies have been working proactively for the past 12 months. With this deal, the original Watson ...
Tags: market share, Labelling, Agriculture