UK based packaging maker RPC Group has agreed to acquire packaging firm British Polythene Industries (BPI) in a deal worth about £261m ($379m). Under the terms of the deal, each shareholder of BPI will receive 470 pence in cash and ...
Tags: Polythene Industries, packaging
Chinese companies make up a quarter of the foreign delegations to take part in the International Festival for Business (IFB) held this year in the northwestern British port of Liverpool, organizers said Saturday. "Our target had been for ...
Toyota will use solar panels at its Texas headquarters, which is currently under construction, in order to get 25% of its power from the sun. The company claims that the 7.75MW system will be the largest office-site solar installation in ...
Tags: Toyota, solar panels
Coca-Cola Enterprises (CCE) has launched a new sports cap packaging format for its bottled water brand, Glacéau Smartwater, following a £14m investment. The investment at its manufacturing site in Morpeth has built a new high ...
Tags: Coca-Cola, sports cap
Tetra Pak has joined RE100, committing to increase its use of renewable electricity from 20% today to 100% across all global operations by 2030. The announcement was made at the Clean Energy Ministerial forum yesterday in San Francisco, ...
Tags: Tetra Pak, Renewable Electricity
Ireland's Tyndall National Institute (based at University College Cork) is leading the European consortium TOP-HIT (Transfer-print OPerations for Heterogeneous INtegration) to develop novel technology that will address the challenge of ...
Flexible liquid packaging solutions provider Liqui-Box has signed an agreement to acquire both the engineering and flexible operations of South Africa-based Maverick for undisclosed amount. Liqui-Box is a portfolio company of private ...
Tags: Liqui-Box, Flexible Operations
South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
American ride-hailing firm Uber has raised $3.5bn from Saudi Arabia’s Public Investment Fund. This is the first time that Uber secured such a huge funding from a single investor. The investment will not affect the company's ...
Tags: Uber, ride-hailing
Due to parts shortages resulting from the severe earthquakes that struck Japan's island of Kyushu on April 14 and after, Toyota Motor has continued to make updated announcements regarding decisions about production while continuously ...
Tags: Toyota, Vehicle Assembly Lines
Australian food manufacturing firm Patties Foods has accepted a $232m acquisition bid made by a private equity firm. Earlier this week, the company said it was approached by Pacific Equity Partners (PEP) with a takeover offer of $1.65 per ...
The US Food and Drug Administration issued draft guidance for public comment that provides practical, voluntary sodium reduction targets for the food industry. Average sodium intake in the U.S. is approximately 3,400 mg/day. The draft ...
Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...
Tags: beverage, Asia Brewery, Heineken
US-based food company TreeHouse Foods is planning to close two production facilities located in Azusa, California and Ripon, Wisconsin. The shutdown of facilities is part of the company's efforts to streamline operations by reducing ...
Tags: TreeHouse Foods, snack products
Linkx Packaging Systems have developed and installed four brand new, bespoke servo-driven pick and place tray systems in the company’s Gloucester plant in response to a request from Unilever Ice Cream UK to increase the efficiency of ...
Tags: Linkx Packaging, Tray Systems