Sealed Air announced financial results for third quarter 2016. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “In the third quarter, we delivered strong margin performance and cash flow ...
Tags: Sealed Air, Packaging
US-based private-equity firm Graham Partners has acquired freeze-dried food provider Mercer Foods. However, the financial terms of the deal were not disclosed. Founded in 1980, Mercer Foods is a major producer of natural and organic ...
Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
Australia’s Nutrano Produce Group has entered into an agreement to acquire Seven Fields and Abbotsleigh Group businesses to strengthen its position in the fresh produce sector. However, the financial details of the transaction were ...
Tags: Fruit Producers, Nutrano Produce
BlackBerry has signed an agreement with Ford Motor to expand the use of its QNX and security software in the automaker's vehicles. The deal will see a team of BlackBerry employees work directly with Ford and help it in using its QNX ...
Tags: BlackBerry, Ford Motor
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Print and packaging solutions provider Multi Packaging Solutions International (MPS) has acquired UK-based AJS Labels and US-based i3 Plastic Cards, expanding its range of products. AJS Labels is engaged in manufacturing of self-adhesive ...
Tags: Multi Packaging, Plastic Cards
Cadbury owner Mondelez International has made changes to the weight and shape of its Toblerone chocolate bar amid rising production costs. Known for its distinctive triangular peaks, the Toblerone chocolate has been partly flattened. The ...
Tags: Toblerone Chocolate, Chocolate Bar
Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment
Automated Packaging Systems has announced the introduction of a new series of bag packaging systems with advanced technology and ergonomic design for maximum productivity. The Autobag 500 and Autobag 550 baggers are versatile machines ...
Tags: Automated Packaging, Bag Packaging
LCD TV panel shortages are prompting panel makers to shift their capacity and the issue has caused notebook panels to see tight supply, according to Compal Electronics president Ray Chen, while notebook panel demand will remain strong in ...
Tags: LCD TV panel, Notebook
The food and drink industry is being urged to better protect itself from fraud in order to safeguard their businesses and consumers. The warning comes from the Chartered Institute of Environmental Health (CIEH) on the same day the ...
Tags: Fraud Good, CIEH
Cenveo reported financial results for the third quarter ended 01 October 2016. he reported results for all periods presented exclude the operating results of the Company's packaging operating segment as well as its top-sheet lithographic ...
Tags: Cenveo, packaging operating
Kirin Holdings has agreed to divest one of its Brazilian production facilities to AmBev. Brasil Kirin Holdings has signed a stock purchase agreement to sell unit Cachoeiras de Macacu Bebidas. The company is selling a stake of 11,415,000 ...