Beyond Meat has closed a new financing round led by Cleveland Avenue, a venture capital firm founded by Don Thompson, former CEO of McDonald’s Corporation. “We see Beyond Meat as a strategic and compelling consumer-focused ...
Tags: Tyson Foods, Beyond Meat
US-based meat-processing company Smithfield Foods has acquired Kansas City Sausage for an undisclosed price to grow its packaged meats business and boost its supply chain. Kansas City Sausage is a pre-rigor sausage producer and processor ...
Tags: Smithfield Foods, meat
Semiconductor packaging and electronic assembly solutions provider Kulicke & Soffa (K&S) has expanded its advanced packaging presence with the acquisition of privately held Dutch packaging company Liteq. Financial terms of the acquisition ...
Tags: Semiconductor packaging, packaging
Euro Packaging affiliate Broomco (4294) has acquired Essentra’s consumer packaging site, located in Bristol, UK. Terms of the deal have not been disclosed. The Bristol facility is engaged in the manufacturing of printed paper bags ...
Tags: Essentra, Consumer Packaging
Central National Gottesman’s (CNG) Lindenmeyr Munroe paper distribution division has agreed to acquire Independent Paper Group (IPG), which is based in St. Paul, Minnesota, US. Financial details of the transaction, which is expected ...
Rotoflex has expanded its presence in Canada, through shifting its manufacturings operations to the facility near Toronto. Following the 2016 move of Rotoflex’s Canadian regional office to a larger, new 18,000 square ft. showroom ...
Rotoflex has transferred full production of new slitter rewinders and die-cutting machines, formerly managed at the Mark Andy headquarters near St Louis, Missouri, to Toronto, Canada. In 2016, the company's Canadian regional office moved ...
Tags: Rotoflex, slitter rewinders
Oman’s Mazoon Dairy, which is coming up in the Buraimi governorate with an investment of OMR100m ($260m), is slated to become operational in the latter half of 2018. The dairy company has secured a site at Al Sunaynah, located in ...
Tags: Mazoon Dairy, dairy
US based labeling and packaging materials provider Avery Dennison has signed an agreement to acquire Hanita Coatings, an Israel-based pressure-sensitive materials manufacturer of specialty films and laminates, for $75m. The deal to ...
Tags: cold chain packaging, Coatings
Upper Street Marketing's new subsidiary Ennoble Beverages has secured exclusive sales and distribution rights to the fast-growing Frank's RedHot Beverage portfolio. Securing exclusive rights to this portfolio, which currently includes ...
Tags: Beverage, Ennoble Beverages
US-based cereal maker Kellogg has entered into an agreement to acquire Ritmo Investimentos, a controlling shareholder of Brazilian food group Parati Group. The purchase price of the acquisition is about $429m and it will be an all-cash ...
Tags: Kellogg, emerging markets
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
EVEN Electric, a new venture has been announced in Ottawa, Canada to drive global sales and distribution network for electric vehicle transportation with multi-brand, new and pre-owned vehicles through retail and online channels. EVEN ...
“With 25 years of experience in the gift industry and a passion for art and craft products, Cuckoo is the most natural and perfect fit for Skinny Sketcher,” said founder and director Gillian Logan. Skinny Sketcher has ...
Tags: Cuckoo Toys, Skinny Sketcher
Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles