The European Commission (EC) has given its approval for the acquisition of Austria-based Constantia Flexibles by French investment group Wendel Group for €2.3bn ($2.8bn). Constantia Flexibles specialises in producing foil, paper ...
Tags: Constantia Flexibles, plastic-film packaging, packaging
RPM International Inc. has announced that its Rust-Oleum Group has acquired Spraymate Group, the producer of South Africa's leading aerosol paint brand. Based outside of Johannesburg, South Africa, Spraymate has annual net sales of ...
Tags: RPM International, aerosol paint
China Import and Export Fair, also known as the Canton Fair, is held biannually in Guangzhou every spring and autumn, with a history of 57 years since 1957. The Fair is a comprehensive one with the longest history, the highest level, the ...
Investment flows from China to South Korea surged 374 percent last year to $631 million as Chinese companies moved to expand their presence and options in the global market. The figure was announced on Monday by the Mergermarket Group, a ...
Net sales for the thirteen weeks ended January 30, 2015 at NYSE listed, Dollar General Corporation grew 9.9 per cent from a year earlier quarter. In a press release, Dollar General said its net sales increased 9.9 per cent to $4.94 ...
Tags: Dollar General, Apparel
New Zealand based dairy co-operative Fonterra has agreed to acquire 18.8% stake worth $561.32m in Chinese infant formula manufacturer, Beingmate Baby & Child Food Company. The co-operative group has purchased 192.4 million shares in ...
Tags: Fonterra, dairy Food
Private equity firm, The Onex Group, has completed the acquisition process of SIG Combibloc Group, suppliers of carton packaging and filling machines for beverages and food, for €3.75bn. SIG is a part of the New Zealand-based Rank ...
Tags: packaging materials, corresponding filling machines, SIG
Chicago based Levy Acquisition has agreed to buy Mexican-American fast-food chain Del Taco, in a $500m deal. The blank-check acquisition firm Levy Acquisition, which is controlled by restaurateur Larry Levy, will now change its name to ...
Tags: Levy Acquisition, fast-food
Investment group CorpAcq has forayed into the packaging industry with the acquisition of UK-based Northern Packaging for an undisclosed amount. Based in Altrincham, Northern Packaging operates from two sites in Skelmersdale, West ...
Tags: CorpAcq, packaging industry
A senior Chinese central bank official said Thursday that the country is "actively communicating" with the International Monetary Fund (IMF) on the possibility of including Chinese currency yuan, or RMB, in the basket of the Special Drawing ...
Tags: SDR Basket, Chinese currency
China's State Council has given approval for Hangzhou, an e-commerce hub, to set up the country's first cross-border e-commerce pilot zone, according to a statement released on Thursday. Hangzhou, capital city of East China's ...
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
US-based packaging company Sonoco will acquire a majority interest in Brazilian flexible packaging business Graffo Paranaense de Embalagens for an undisclosed amount. Located in Pinhais, Curitiba, Graffo specialises in producing flexible ...
Agribusiness and food company Bunge’s North American operating unit has acquired the assets of Heartland Harvest, the manufacturer of die cut pellets used to make extruded foods. The financial details of the transaction have not ...
Tags: Bunge's North American, Heartland Harvest, extruded foods