Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
Hearthside Food Solutions has agreed to acquire Standard Functional Foods Group (SFFG), a unit of Standard Candy Company, subject to regulatory approval and customary closing conditions. SFFG is a contract manufacturer of nutritional and ...
Tags: Hearthside Food, Functional Foods
US and California regulators have approved a fix for about 38,000 Volkswagen Generation 2.1 and 2.2 3.0L TDI V6 vehicles. The 38,000 cars include not only Volkswagen models, but also from its affiliates such as Audi and Porsche as well. ...
Tags: Volkswagen, Diesel SUV
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Hong Kong-based pork supplying giant WH Group said that its subsidiary Smithfield Foods will acquire 100% stake of two Romanian packaged meats manufacturers Elit and Vericom for an undisclosed price. The acquisition will further expand ...
Tags: Smithfield Foods, Packaged Meats
Agribusiness giant Cargill has agreed to merge its fresh chicken business in the UK with Faccenda Foods’ fresh chicken, turkey and duck operations to create a new food firm. The parties will establish a fresh poultry joint venture ...
Tags: Cargill, Faccenda Foods
Unilever has agreed to divest its South African spreads business to Remgro as part of a ZAR11.9bn ($900m) worth deal with the investment firm. Under the terms of the agreement, Unilever will buy Remgro’s 25.75% stake in Unilever ...
Tags: Unilever, food, personal care products
Post Holdings has agreed to acquire Ohio-based sausage maker Bob Evans Farms for nearly $1.5bn to strengthen its position in refrigerated retail and food-service channels. The acquisition, which will see the American packaged foods ...
Tags: Post Holdings, Sausage
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
Chocolate and cocoa products manufacturer Barry Callebaut has agreed to purchase the ingredients division of Gertrude Hawk Chocolates. This acquisition will strategically expand Barry Callebaut’s Specialties & Decorations business, ...
Tags: Chocolate, cocoa products
US-based private equity firm L Catterton has offered to buy 27.9% stake in Scottish craft brewery Innis & Gunn for £15m. Founded in 2003, Innis & Gunn claims to have risen to the second position for a craft brewer in the UK ...
Tags: L Catterton, craft brewery
Avery Dennison Label and Packaging Materials North America announced it has received UL 969-recognition for a range of durable goods label constructions validated for use on the Durst Tau 330 digital printer. This is part of an ongoing ...
Tags: Avery Dennison, Label Materials
US-based Blue Label Digital Printing has integrated its Cern management information system (MIS) with Esko Automation Engine production system, in a bid to effectively manage its operations. The integration will allow Blue Label to ...
Packaging Corporation of America (PCA) has agreed to purchase all assets of Sacramento Container and acquire 100% membership interests of Northern Sheets and Central California Sheets for $265m. As per the agreement, PCA will take over ...
Tags: Packaging, Sacramento Container