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Hilton Foods to Acquire UK Fish Processor Icelandic Group
Oct 24, 2017Hilton Foods has agreed to acquire chilled UK fish processor Icelandic Group UK (Seachill) for cash consideration of £80.8m. The Company also announces its intention to conduct a non-pre-emptive underwritten cash placing to raise ...
Tags: Hilton Foods, Fish Processor
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Unilever to Divest South African Spreads Business to Remgro in $900m Deal
Sep 26, 2017Unilever 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
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Naturally Splendid to Acquire Prosnack Natural Foods
Aug 15, 2017Naturally 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
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Stora Enso Opens New Consumer Board Mill in Beihai, China
Jun 23, 2016Finland-based pulp and paper manufacturer Stora Enso has opened a new consumer board mill in Beihai, China. The new mill, which is expected to reach full production within two years, has been developed with an investment of €800m. ...
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Stora Enso to Close Suzhou Paper Mill in China
Jun 12, 2016Stora Enso has signed an agreement to divest the key assets of its Suzhou Mill in China, including the land-use rights and buildings, to the local government of Suzhou National New & Hi-tech Industrial Development Area (SND). During its ...
Tags: Paper Mill, Stora Enso
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FormFactor to Acquire Cascade Microtech for $352m
Feb 14, 2016FormFactor Inc of Livermore, CA, USA (which provides wafer test technologies and expertise) has agreed to acquire Cascade Microtech Inc of Beaverton, OR, USA (which provides equipment enabling precision contact, electrical measurement and ...
Tags: LED devices, wafer
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Nomad Foods Completes Acquisition of Findus Sverige for £500m
Nov 4, 2015British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
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Stora Enso Sold Barcelona Mill
Jul 30, 2015In line with its strategy to focus its consumer board offering on high quality virgin fibre products, Stora Enso has sold its Barcelona mill, which produces recycled fibre based consumer board, to private equity fund Quantum. “The ...
Tags: virgin fibre, recycled-fibre
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A. G. Barr Explores Cocktail Business
Feb 4, 2015Soft drink manufacturer A.G. Barr has acquired cocktail company Funkin, in a deal worth £21m. The deal includes initial cash consideration of £16.5m and close to £4.5m, which will be offered when certain financial ...
Tags: Cocktail, Cocktail Business
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Tonsan Adhesive Is Acquired by H. B. Fuller Company
Feb 3, 2015H.B. Fuller Company has announced that it has finalized the previously announced purchase of Tonsan Adhesive, Inc., the largest independent engineering adhesives provider in China. With this acquisition, H.B. Fuller adds strong customer ...
Tags: H.B.Fuller, Tonsan Adhesive
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Real Good Food Acquired Rainbow Dust Colours for an Initial Amount of ?4m
Jan 22, 2015Real Good Food has acquired Rainbow Dust Colours, a cake decoration company, for an initial amount of £4m. An additional cash consideration of £3.5m would be paid in the form of an earn-out based on gross margin achieved in ...
Tags: cake, Agriculture
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RIL and Ruyi Have Signed Definitive Agreements for Setting up a JV in Textiles
Dec 10, 2014India-based Reliance Industries Limited (RIL) and China-based Shandong Ruyi Science and Technology Group Co Ltd (Ruyi) (through its wholly owned subsidiary), have signed definitive agreements for setting up a joint venture (JV) in textiles, ...
Tags: joint venture, Textile
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Coca-Cola Acquired Appletiser Drinks Brands
Dec 2, 2014Global beverage giant The Coca-Cola Company has made a deal with South African multinational brewing and beverage company SABMiller to acquire its Appletiser drinks brands on a worldwide basis, and acquire or be licensed rights to a further ...
Tags: Coca-Cola, Sabmiller, Agriculture
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Plastics Capital Agrees to Acquire FP for a Maximum Consideration of 10.64m Pounds
Nov 12, 2014UK-based Plastics Capital has agreed to acquire packaging manufacturer, Flexipol Packaging, for a maximum consideration of £10.64m. Based in Lancashire, Flexipol produces plastic packaging products like vacuum bags, block bottom ...
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Lassonde Industries Posted Sales of $315m in Q314, a 22.3% Increase Year Over Year
Nov 11, 2014Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture