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Graphic Packaging Buys Assets of Paperboard Converter PFP

Jun 14, 2018

Graphic Packaging International, a subsidiary of Graphic Packaging Holding Company, has agreed to acquire all the assets of PFP and its related entity PFP Dallas Converting for an undisclosed sum. PFP is an independent converter, which is ...

Tags: Graphic Packaging, Packaging, Paperboard

Magna Forms Composite Liftgate JV with Chinese Automaker

Apr 4, 2018

Automotive parts supplier Magna International formed a joint venture (JV) in China to make composite liftgates for a global automaker’s crossover vehicle commencing in late 2018. The JV with Guangzhou Automobile Group (GAC) ...

Tags: Magna, Chinese Automaker

Ardagh Group Plans to Permanently Close Beer Bottle Plant in US

Jan 18, 2018

Packaging solutions provider Ardagh Group is planning to permanently close its glass container production facility in Milford, Massachusetts, US. The firm said that the decision to close the facility comes in response to the decrease in ...

Tags: Ardagh Group, Beer Bottle

Xpeng Motors Showcases Ready-to-Sell Production Car at International CES 2018

Jan 15, 2018

Xpeng Motors has showcased its EV-G3 at the International CES 2018 in Las Vegas, Nevada, US with four attributes to usher in a new era of autonomous driving experience. It is also the first mass production version of the intelligent car ...

Tags: Xpeng Motors, CES 2018

Renault, Brilliance China Automotive Form JV to Manufacture Light Commercial Vehicles

Dec 19, 2017

Groupe Renault and Brilliance China Automotive have signed a joint venture (JV) contract to manufacture and sell light commercial vehicles (LCV) in China in three segments with three brands. The new JV, which will be known as ...

Tags: Renault, Light Commercial Vehicles

Robert Aiken Steps Down as President of TreeHouse Foods

Nov 6, 2017

TreeHouse Foods, a manufacturer of packaged foods and beverages, said that its president Robert Aiken has resigned on 29 October. The company's chairman and CEO Sam K. Reed will assume the role of president. "We are disappointed by ...

Tags: TreeHouse Foods, packaged foods, beverages

Graphic Packaging Acquires Norgraft Packaging

Oct 10, 2017

A subsidiary of Graphic Packaging has completed the acquisition of Spanish carton manufacturer Norgraft Packaging for an undisclosed sum. Norgraft, which aims at food and household goods markets, operates two converting plants in ...

Tags: Graphic Packaging, Packaging

Samuel Adams Introduces Brewing The American Dream Collaboration Pack

Jul 20, 2017

Samuel Adams has collaborated with five different breweries across the US to brew a limited series of 12-pack, named Brewing the American Dream Collaboration Pack. From bartenders to chefs, the collaborative spirit of "craft" is stronger ...

Tags: Samuel Adams, beer

Graphic Packaging to Buy Carton Craft and Lithocraft Businesses

Jun 15, 2017

Graphic Packaging International has agreed to acquire Carton Craft and its affiliate Lithocraft for an undisclosed sum. Under the deal, Graphic Packaging will purchase all the assets of both firms, helping to expand the operations of ...

Tags: Graphic Packaging, Packaging

Hyundai Unveils New Kona Compact SUV

Jun 14, 2017

Hyundai Motor has unveiled its latest subcompact SUV, the Kona, which will go on sale in Korea later this month. The new SUV will be introduced in Europe in August and the US market in December. Kona will join the company’s ...

Tags: Hyundai, Compact SUV

Sovos Brands to Acquire Rao's Specialty Foods

Jun 13, 2017

Advent International backed Sovos Brands has agreed to acquire Rao's Specialty Foods, the owner of Rao's Homemade pasta sauce made from natural ingredients. The transaction is expected to be completed during the third quarter of this ...

Tags: Sovos Brands, Specialty Foods

Delphi Automotive Plans to Spin off Powertrain Segment

May 5, 2017

Delphi Automotive is planning to spin off its Powertrain Systems segment into a new, independent publicly traded company, which will allow it to focus on technology for electrically powered and self-driving vehicles. The transaction is ...

Tags: Delphi Automotive, Powertrain, self-driving vehicles

Highlander Partners Acquires US Candy Company Gimbal Brothers

Apr 7, 2017

Middle-market private investment company Highlander Partners has acquired Gimbal Brothers, a manufacturer of gummy vitamins and gourmet jelly beans. Highlander Partners has also formed Bettera Brands to pursue confection and snack ...

Tags: gummy vitamins, beans

Unilever Plans to Sell Certain Food Brands for £6bn

Mar 27, 2017

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

BMW to Release 40 Models to Compete Against Mercedes

Mar 27, 2017

German luxury car-maker BMW plans to launch 40 new or revised models under its brands BMW, Mini and Rolls Royce by 2018 as it looks to compete against its rival Mercedes. The company will focus on top end and premium segments in its ...

Tags: BMW, luxury car

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