Africa-China Relations The State of relations between the Chinese nation and the continent of Africa is steadily growing. The 21st-century has seen a significant paradigm shift of the world's largest trading nations. China is by far the ...
Tags: Wholesale
Japanese automaker Nissan has abandoned the deal to sell its EV battery manufacturing unit to Chinese private equity firm GSR Capital. The deal, valued at nearly $1bn, was cancelled by Nissan stating that the Chinese firm lacked the ...
Tags: Nissan, GSR Capital
BMW China and Baidu have partnered to develop the next generation Internet of Vehicles (IoV) solutions that connects vehicles with smart home devices. At the CES Asia 2018, an agreement was signed between BMW Connected and Baidu Internet ...
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
Private equity firms L Catterton and Ambienta have agreed to acquire Italy-based beauty packaging firm Pibiplast for an undisclosed sum. Based in Correggio, Pibiplast is engaged in designing and manufacturing of beauty and personal care ...
DS Smith has completed the acquisition of North American packaging company Corrugated Container Corporation (CCC) for an undisclosed amount. The CCC, which is a family-owned business, has around 190 employees across its four operations in ...
Tags: Corrugated Container, packaging
AB Inbev’s innovation unit ZX Ventures has acquired UK-based spirits company Atom Group for an undisclosed amount. Atom Group, which is based in Kent, UK, consists of three units including Master of Malt, an online retailer, Atom ...
US-based Twin Rivers Paper has signed an agreement to acquire Mondi Group’s paper mill in Pine Bluff, Arkansas. Terms of the deal, which is expected to be completed in the second quarter of this year, have not been disclosed. Pine ...
Tags: Twin Rivers Paper, Paper Mill
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
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
The Glasgow Distillery has signed a UK distribution agreement with Halewood Wines & Spirits for its Makar gin and G52 Urban Craft Vodka brands. Halewood’s enviable portfolio of artisanal spirits will now be bolstered by our Makar ...
Tags: Glasgow Distillery
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
UK carmaker Jaguar Land Rover will use BlackBerry's QNX and Certicom technology in its next-generation vehicles. The companies have signed a multi-year agreement to collaborate and develop technology for Jaguar Land's vehicles. As part ...
Tags: Blackberry, Jaguar Land Rover
US-based engineered equipment and automation solutions provider Duravant has acquired automation systems manufacturer, Key Technology, for about $175m. Based in Walla Walla of Washington, Key Technology is engaged in the design and ...
Tags: bucket elevator, rotary table