New Zealand-based Turners & Growers has agreed to take over Apollo Apples, a Hawkes Bay-based apples grower and exporter with an initial payment of NZ$36.05m. Apollo, which exports about 1.4m cartons of apples every year, owns or leases ...
Tags: Turners&Growers, Apollo Apples
B&G Foods, Inc. today announced financial results for the first quarter of 2014. David L. Wenner, President and Chief Executive Officer of B&G Foods, stated, "Our very strong cash flow performance in the face of base business volume ...
Tags: B&G Foods, EBITDA guidance
Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has signed a deal to buy Michael Foods from GS Capital Partners, Thomas H Lee Partners and others. Michael Foods supplies egg products, ...
Tags: Egg Distributor
Dick's Sporting Goods has selected the National Interscholastic Cycling Association (NICA) for its $75,000 matching grant program through its Sports Matter crowd funding platform. After receiving a $20,000 contribution from Shimano/Pearl ...
Tags: Sporting Goods, Recreation
Crown Holdings today announced its financial results for the first quarter ended March 31, 2014. First Quarter Highlights -Mivisa acquisition approved by European Commission -Income per diluted share $0.17; Before Certain Items $0.57, ...
Tags: Crown Holdings, Beverage segment
Bauer Performance Sports Ltd. reported revenues rose 13 percent in its third quarter ended Feb. 28, to $62.2 million. Revenues were up 16 percent on a currency-neutral basis. On an adjusted basis, the EBITDA loss was trimmed to $3.2 ...
Tags: Sporting Goods, Recreation
Simpsonville-based Kemet Corp. said today a subsidiary will sell its machinery division to Manz AG for 8.1 million euros, or about $11.1 million. The division, which employs 83 people and is based in Italy, manufactures machines for the ...
Taghleef Industries is pleased to announce that it has entered into an agreement to acquire Derprosa Film from 3i Group, Baring and other minority shareholders. The transaction, which has been approved by the Board of Directors of ...
Tags: Taghleef Industries, Derprosa
KPS Capital Partners, through its newly formed subsidiary, has signed an agreement with Ardagh to acquire Anchor Glass Container and its affiliates. KPS partner Jay Bernstein said Anchor Glass is positioned well to supply the expanding ...
Crown has received the European Commission (EC) approval to acquire Spanish food cans and ends manufacturer Mivisa Envases from investment funds managed by affiliates of The Blackstone Group, N+1 Mercapital and management, for €1.2bn. ...
Tags: Food Cans, EC granted approval
Petainer, the leading PET and plastics supplier, has unveiled a fresh brand identity that underlines its unique multi-dimensional approach to providing leading beverage brands with packaging innovation. The new identity is represented by ...
Tags: Petainer, New Brand Identity, PET, plastics
UK-based herbs and spices supplier The Bart Ingredients has acquired Berkshire-based OTP Foods, expanding its presence into the wet ingredients segment. For the transaction, the company was backed by Santander Corporate & Commercial. The ...
Tags: Agriculture, Food, herbs, Chemical
The common stock of healthcare and medical device giant Johnson & Johnson (JNJ) soared to recent highs following the company's announcement of first quarter results that beat analysts' estimates. The company's robust performance was ...
Tags: Health, Medicine, medical device
Netherlands-based bakery products producer Daelmans Group has bought Fabulous Bakin' Boys, a baked goods manufacturer based in Oxfordshire, England. The financial terms of the transaction have not been disclosed. Fabulous Bakin' Boys ...
Tags: Agriculture, Food
German flavors and fragrances producer Symrise is in talks to acquire French ingredients maker Diana for around €1.3bn. The proposed deal will strengthen Symrise's presence in the flavor and nutrition market, and allow it to ...