Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...
Tags: Smurfit Kappa, packaging
US food giants Archer Daniels Midland (ADM) and Cargill have signed an agreement to create a joint venture (JV) to meet increasing customer demand for soybean meal and oil in Egypt. The JV, which will be equally owned by the partners, ...
Tags: Archer Daniels Midland, soybean
Chinese co-packer Nanjing Ziquan has installed second Sidel complete hot fill PET line at the Nanjing facility. Nanjing Ziquan, a member of The Shanghai Ziquan Beverage Company, produces PET bottle products for major brands such as ...
Tags: Beverage, PET bottle
Sysco has agreed to acquire Kent Frozen Foods, a UK-based foodservice distributor, for an undisclosed price to expand its European business. The acquisition, which is conditional upon approval from the Competition and Markets Authority, ...
Tags: Frozen Foods, Sysco
Oncap has acquired US-based IntraPac International from funds managed by CI Capital Partners for an undisclosed sum. Based in Mooresville, North Carolina, IntraPac designs and produces specialty rigid packaging solutions such as including ...
Tags: personal care, household products
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
Anchor Glass Container has announced the following additions to the Anchor Glass Senior Leadership Team. Steve Stout has been named as Vice President-Engineering. Steve will be responsible for strategic capital investments and developing ...
Tags: Anchor, Glass Container
Food firm Tulip, part of the Danish Crown group, has acquired UK pig producer Easey. Easey Holdings Ltd is a family-owned pig farming operation consisting of four key divisions – breeding herds(sows), growing herds, a veterinary ...
Tags: Food firm Tulip, Tulip Agriculture
Chicken producer Pilgrim's Pride has agreed to acquire JBS’ British poultry unit Moy Park for $1.3bn to expand its portfolio of prepared foods. By adding Moy Park’s operations in the UK and Continental Europe, Pilgrim's Pride ...
Tags: poultry meat, prepared foods
NAPCO has agreed to purchase the assets of Vulcan Information Packaging (including Binders.com), a subsidiary of EBSCO Industries, for an undisclosed sum. Post acquisition, Vulcan Information Packaging will function as NAPCO’s ...
Parkway Products has completed the acquisition of precision plastic injection molding company LMR Plastics from Leonard Industries Manufacturing for an undisclosed price. LMR Plastics is into manufacturing and supply of custom plastic ...
Tags: LMR Plastics, Parkway Products
Private equity firm Levine Leichtman Capital Partners (LLCP) has collaborated with management to purchase FlexXray, a provider of x-ray inspection services focused exclusively on food safety. FlexXray assists Fortune 100 food ...
Tags: FlexXray, food safety
Brynwood Partners VII has acquired Cold Spring Brewing Company from its current owner, the Lenore family, for an undisclosed amount. Located in Cold Spring, MN, Cold Spring is a leading beverage manufacturer that produces energy drinks, ...
Tags: Brynwood Partners, Cold Spring