SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
Packaging and specialty products provider Supremex has acquired folding cartons supplier Staurt Packaging for $17.5m on a cash-free and debt-free basis. Supremex will pay an additional amount of about $2.1m in two years based upon ...
German manufacturer Gerresheimer said it will launch a new integrated, passive syringe safety solution to the pharma and healthcare sectors. The company acquired an exclusive license for the syringe safety solution from West ...
Tags: Gerresheimer, Syringe Safety
Revere Packaging has acquired custom trays and container manufacturer Plastic Package for an undisclosed sum. The combined business will be headquartered in Shelbyville in the state of Kentucky. It will meet the current and future food ...
Tags: Revere Packaging, Package
Graphic Packaging International has completed the previously announced acquisition of Carton Craft and its affiliate Lithocraft. The deal, which was signed last month, was subject to standard closing requirements and regulatory review. ...
Tags: Graphic Packaging, paperboard
Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the transaction simultaneously. SSM Textile Machinery (www.ssm.ch) is a ...
Tags: Schweiter, Textile Machinery
Kush Bottles reported financial results for its wholly-owned subsidiary CMP Wellness (CMP), a distributor of vaporizers, cartridges and accessories acquired by Kush Bottles on May 1, 2017, in an 8-K filed with the Securities and Exchange ...
Tags: Kush Bottles, CMP Wellness
Kite Packaging has acquired North London-based packaging distributor, Brooks Packaging, as part of its efforts to expand operations in the region. Established in 1967 by Jeffrey Horwood, Brooks Packaging supplies archive boxes to the ...
Tags: Kite Packaging, Packaging
Solegear Bioplastic Technologies has announced its audited financial results for the 12 months ended February 28, 2017. Solegear reports revenues of $2,066,061 for the fiscal year ended February 28, 2017 compared to revenues of $146,036 ...
Tags: Solegear, organizational products
Swedish company Scandi Standard has agreed to acquire Manor Farm, a chicken processor in Ireland, in a share-cum-cash deal. The deal values Manor Farm at an enterprise value of €94m. Under the deal terms, Scandi Standard will offer ...
Tags: Poultry Processor, processor
The global UV LED market will increase from $288m in 2017 to $526m in 2020 while it rises at a compound annual growth rate (CAGR) of 34% during 2015-2020, projects LEDinside (a division of TrendForce). UV LEDs are used particularly in ...
Tags: UV LED, LED package
Reckitt Benckiser’s $16.6bn acquisition of US-based infant formula manufacturer Mead Johnson Nutrition is all set to be closed after securing the final regulatory approval. Subject to the meeting of customary closing conditions, the ...
Tags: Reckitt Benckiser, infant formula
LED packaging service provider Bright Led Electronics has become a supplier of LED lighting used in passenger cabins and restrooms of Boeing 737 aircraft for a US-based airline, according to the company. LED lighting used in different ...
Tags: LED Electronics, LED Lighting
Volvo Trucks has developed a new self-steering truck which is expected to significantly boost sugar-cane harvest in Brazil. The truck, which is used to transport newly harvested sugar-cane, is steered with great precision through the ...
Tags: Volvo Trucks, Truck
Tyson Foods has completed the acquisition of AdvancePierre Foods, a provider of ready-to-eat sandwiches, snacks and other food products, for about $4.2bn. The acquisition to expands its Tyson Foods’ portfolio of prepared foods and ...
Tags: Tyson Foods, sandwiches, snacks