Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Switzerland-based Hoffmann Neopac has purchased a majority stake in India-based 3D Technopack for an undisclosed sum. Based in Mumbai, 3D Technopack is engaged in the production of plastic tubes for the health and beauty care markets. ...
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India-based Creative Graphics has invested in Esko’s platforms, in a bid to enhance its production operations. India’s largest packaging prepress and flexographic plate provider has expanded in the past three years with its ...
Tags: Creative Graphics, packaging
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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UPM Paper ENA has announced plans to permanently close paper machine 5 at UPM Blandin in Minnesota, US in a bid to reduce graphic paper capacity. The closure plan comes as the firm seeks to reduce its the annual coated paper production ...
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Superior Fruit has entered into an agreement with Eclipse Berry Farms to assume certain agricultural leases to expand its strawberry growing operations in California. Superior has been formed by Bobby Jones and his brother RC Jones, ...
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German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...
Tags: Bart Ingredients, UK market
Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
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United Caps, a Luxembourg-based high performance cap and closure systems manufacturer, is set to acquire the plastic closures division of Closures4you. The acquired assets include 28mm caps for re-usable glass bottles as well as for ...
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Private equity firm Genstar Capital has acquired US-based Tekni-Plex from American Securities for an undisclosed sum. Based in Wayne of Pennsylvania, Tekni-Plex produces products, components and materials for healthcare, specialty ...
Tags: Genstar Capital, packaging
Lamb Weston has completed a $200m expansion project at an existing potato facility in Richland, Washington (WA) to increase its processing capacity for manufacturing frozen French fries. The Richland facility, which was built in 1972, was ...
Hilton Food Group will invest nearly NZ$54m ($38.7m) to build a new meat processing facility in South Auckland, New Zealand. The UK-based meat processing company will exclusively supply the meat products from the new facility to New ...
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German luxury automaker BMW will be investing EUR400m to expand its its FIZ research and innovation centre in Munich. The “FIZ Future” masterplan, which was developed as part of an urban development competition, will expand ...
Tags: BMW, luxury automaker