France-based private equity firm Ardian has agreed to acquire Spanish bakery companies Berlys and Bellsolà with an intention to combine the two businesses. The financial terms of the deal were not disclosed by the parties. Berlys ...
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
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
Private equity firm Kohlberg & Company has agreed to acquire Pexco, a North American specialty plastics manufacturer, from Odyssey Investment Partners. Upon completion of the deal closes, Pexco will merge with Kolhberg portfolio company ...
Tags: Kohlberg, specialty plastics
British-Dutch multinational consumer goods firm Unilever has rejected American food giant Kraft Heinz’s merger proposal worth $143bn. It is not yet sure whether Kraft Heinz will be looking to approach another target following its ...
US-based Berlin Packaging has agreed to acquire Italy’s Bruni Glass to expand its presence in the European glass markets. Bruni is engaged in providing glass packages for spirits, wine, food, and gourmet applications. Upon ...
Tags: Berlin Packaging, Packaging
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
US-based beverage can manufacturer Ball Corporation has received an approval from the European Commission (EC) for its proposed £4.4bn acquisition of Rexam. The move marks the final regulatory clearance in Europe for the company to ...
Tags: Rexam, beverage can manufacturer
South African competition commission has given conditional approval of Anheuser-Busch InBev’s $100bn acquisition of SABMiller. The Commission has given to the recommendations to the Competition Tribunal following an investigation ...
The Australian Competition and Consumer Commission (ACCC) has approved the £71bn merger of Anheuser Busch InBev and SABMiller, after concluding that the deal would not affect the domestic market. The regulator's decision came after ...
US-based drinks can maker Ball and Rexam have agreed to sell $3.42bn of assets to Luxembourg-based packaging maker Ardagh in order to gain regulatory approval for the proposed £4.43bn merger. The merger, which is due to be completed ...
Tags: drinks can, Ball and Rexam
Paul Zalai. On the 30th of March, 2016, at their Annual General Meeting, members of the Australian Peak Shippers Association (APSA) agreed unanimously to merge with Freight & Trade Alliance (FTA), Australia’s leading body for ...
FormFactor 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
Paper and packaging firm WestRock has agreed to acquire Cenveo Packaging in a $105m deal. Based in Connecticut, the US, Cenveo Packaging operates six facilities across North America where it produces folded carton, shrink sleeve and ...
Tags: WestRock, Packaging, Cenveo Packaging