Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
Lighting firm Osram GmbH and automotive technology firm Continental AG in Germany are to establish a Munich-registered 50:50 joint venture Osram Continental GmbH combining lighting technology with electronics and software to develop, ...
Tags: Osram, Automotive, LED lighting
Superior Fruit has entered into an agreement with Eclipse Berry Farms to assume certain agricultural leases to expand its strawberry growing operations in California. Superior has been formed by Bobby Jones and his brother RC Jones, ...
Tags: Superior Fruit, Strawberry
A subsidiary of Flagship Food Group has acquired various assets of Glutenfreeda Foods, including its brand portfolio and its USDA manufacturing facility near Seattle, Washington. Terms of the transaction were not disclosed, but Flagship ...
Tags: Glutenfreeda Foods, Flagship Food
ICE Service Group, through its packaging group ICE Packaging Company (ICE), has acquired Strategic Packaging Systems (SPS), which is based in the US state of Tennessee. Established in 2009, SPS designs, manufactures and distributes soft ...
Tags: ICE Service, Packaging
Naturally Splendid Enterprises has executed a definitive agreement with Prosnack Natural Foods and and iCream Capital to acquire 100% of Prosnack. Prosnack is a Canadian company based in North Vancouver. Under the terms of its agreement ...
Tags: Natural Foods
Conner Industries, a provider of integrated packaging solutions, has received from existing investors additional growth capital which, when added to the investment made in April 2017, totals $10m. The capital infusion will be used for ...
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 ...
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
US-based Prinova has agreed to acquire the China and UK premix operations of Israeli-based Lycored. Prinova is a global supplier of ingredients, flavors, blending and contract manufacturing solutions for the food, beverage and nutrition ...
Tags: Prinova, liquid nutrient
Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...
Tags: Sovos Brands, Specialty Foods
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the first quarter ended 31 March 2017, and declared a ...
Flowers Foods has announced an improved organizational structure aimed to provide greater focus on the company strategic objectives under Project Centennial, stress brand growth and innovation in line with a national branded food company, ...
Tags: Flowers Foods, Snacking
Blackford Capital has made an undisclosed investment in Indiana-based Ellison Bakery, a manufacturer of cookie, snack bar, crunch and inclusion product, and other products for the industrial market, food service industry, and retail and ...
Tags: snack bar, food service