US-based packaging firm Sonoco has completed its purchase of flexible and forming plastic packaging films manufacturer Clear Lam Packaging for about $170m. Clear Lam Packaging, which was established in 1969, operates manufacturing plants ...
Tags: Sonoco, Lam Packaging
For fiscal third-quarter 2017 (to end-June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $900.8m, up 5.8% on $851.7m last quarter and up 20% on $751.7m a year ...
Tags: Skyworks, semiconductors
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
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
Semiconductor packaging and electronic assembly solutions provider Kulicke & Soffa (K&S) has expanded its advanced packaging presence with the acquisition of privately held Dutch packaging company Liteq. Financial terms of the acquisition ...
Tags: Semiconductor packaging, packaging
The Dow Chemical Company has partnered with national nonprofit, Keep America Beautiful, to award two $50,000 grants for organizations to establish Hefty EnergyBag programs in their communities. The program is an innovative approach to ...
Tags: Dow, Plastics Recycling
Kulicke & Soffa said it will participate at SEMICON West trade show, which is being held in San Francisco, California. The company will give a video illustration of its lithography solution, developed for advanced packaging at the trade ...
Tags: SEMICON West, EV
Kush Bottles reported financial results for its wholly-owned subsidiary CMP Wellness (CMP), a distributor of vaporizers, cartridges and accessories acquired by Kush Bottles on May 1, 2017, in an 8-K filed with the Securities and Exchange ...
Tags: Kush Bottles, CMP Wellness
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
Henkel has completed the acquisitions of Darex Packaging Technologies business and the Sonderhoff Group Darex is based in Cambridge, MA, USA and supplies high-performance sealants and coatings for the metal packaging industry around the ...
French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
Heidelberg UK managing director Gerard Heanue has been elected as the new chairman of Picon, the confederation supporting UK printing industry manufacturers and suppliers. He succeeds Robert Flather, managing director of Kolbus UK. ...
Tags: Heidelberg, printing industry
Carlsberg UK has acquired London Fields Brewery, which was founded in 2011 in the London Fields neighborhood of Hackney. Financial details of the deal have not been disclosed. The Danish-brewing giant stated that it will operate London ...
Tags: Carlsberg UK, craft beer
Solegear Bioplastic Technologies has announced its audited financial results for the 12 months ended February 28, 2017. Solegear reports revenues of $2,066,061 for the fiscal year ended February 28, 2017 compared to revenues of $146,036 ...
Tags: Solegear, organizational products
Vicknair Printing, a family owned business in Plaquemine, Louisiana, recently upgraded their prepress department with the Suprasetter A75 Gen III CtP and Saphira Chemfree plates from Heidelberg. Lower Costs, Faster Production. The new ...