Norway-based breeding firm AquaGen has agreed to acquire 51% stake in Denmark-based rainbow trout eggs supplier AquaSearch ova for an undisclosed sum. In 2016, the production of portion-size trout stood at 650,000 tonnes and its annual ...
Tags: AquaGen, Aquasearch Ova
Finland-based self-adhesive label materials producer UPM Raflatac has purchased the assets of Texas-based paper and forest products company Southwest Label Stock for an undisclosed amount. The acquisition will enable UPM Raflatac to ...
Private equity firm GenNx360 Capital Partners has signed an agreement to sell its portfolio company Novel Ingredients to specialty ingredients provider Innophos Holdings. Novel Ingredients, which was acquired by GenNx360 in March 2014, is ...
Tags: Innophos, raw materials
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
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 ...
Electric car maker Tesla Motors has delivered the Model 3 small car to its first 30 customers. The electric car comes at a starting price of $35,000 and offers around 220 miles (about 354km) of range on a single charge. Though the Model ...
Tags: Tesla Motors, Electric car
A survey commissioned by A Plastic Planet has revealed that more than 9 in 10 Britons want a plastic-free aisle in supermarkets. Populus survey of 2,000 UK adults was carried out see whether people support or oppose the introduction of an ...
Tags: plastic packaging, packaging
The global rigid plastic packaging inks and coating market to grow at a CAGR of 5.41% during the period 2017-2021, according to new report. The "Global Rigid Plastic Packaging (RPP) Inks and Coating Market 2017-2021" report has been added ...
Tags: Rigid Plastic Packaging, Packaging
US-based spice manufacturer McCormick & Company has agreed to acquire the food division of British consumer goods firm Reckitt Benckiser (RB) for $4.2bn to strengthen its flavor and condiments portfolio. The acquisition of RB Foods ...
Tags: consumer goods, RB Foods
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
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 ...
British snacking company KP Snacks agreed to buy Butterkist, the popcorn business of Tangerine Confectionery for an undisclosed price. The acquisition will also include the manufacturing facility of Butterkist located in Pontefract, West ...
Packaging Concepts & Design (PC&D) and O2 Investment Partners (O2) have acquired Packaging Specialists, Southwest (PSI) for an undisclosed sum. PSI, which was established in 1976, is headquartered in Phoenix, Arizona, US. It designs and ...
Tags: Packaging, protective packaging
Rather than taking a backseat, as the V-Series phones have done previously, the forthcoming LG V30 is shaping up to surpass the flagship G6 handset. We’ve already seen reports suggesting a gorgeous 18:9 FullVision edge-to-edge ...
US Foods has agreed to acquire broadline distributors, The Thompson Company, Braunger Foods and Variety Foods, owned and operated by Toba. Toba entered food distribution in 1995 with the purchase of The Thompson Company in Grand Island, ...