Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...
Tags: Industrial Packaging, packaging
The Hain Celestial Group, a US-based organic and natural products company, has agreed to acquire Clarks UK, a sweetener, syrup and dessert sauce business, for an undisclosed price. The acquisition will be done through Hain Daniels, a ...
Tags: Hain Celestial, Sweeteners
Packaging firm Cascades has acquired four containerboard packaging plants in Ontario, Canada from Coyle family. The firm has also acquired 33% ownership stake in Tencorr, a manufacturer of sheet stock for box producers, as well as ...
Tags: Packaging, containerboard
Denmark-based Danish Crown through its subsidiary ESS-Food has agreed to buy 70% stake in Overberg Food Distributors, a South African foodservice business, for an undisclosed price. Overberg Food Distributors, which is based in Cape Town, ...
Tags: Danish Crown, ESS-Food
Paine Schwartz Partners has completed a strategic investment in Lyons Magnus, a developer and manufacturer of fruit and flavor solutions for the foodservice, healthcare and dairy industries. Financial terms of the transaction were not ...
Tags: packaging
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 ...
Singapore-based Jardine Cycle and Carriage (JC&C) has agreed to acquire 5.53% stake in Vietnam Dairy Products Joint Stock Company (Vinamilk) for $616.6m through its subsidiary Platinum Victory. The stake has been purchased via an auction ...
Tags: Jardine Cycle, Milk
SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
Pioneer Food will acquire full ownership of Heinz Foods South Africa (Heinz Foods SA) by purchasing the remaining 50.1% stake in the joint venture (JV) from Kraft Heinz Company’s subsidiary Heinz SA. Financial terms of the ...
Tags: Pioneer Food, Heinz Foods
Citic Capital China Partners is in advanced talks with Oaktree Capital Management to acquire French cosmetic packaging solutions provider Axilone. Based in Paris, Axilone designs and manufactures plastic and metal packaging solutions for ...
Tags: Citic Capital, Cosmetics Packaging
Arla Foods has decided to sell its 8% share in Brazilian dairy company Vigor with immediate effect following a change in ownership of the latter. Brazil’s leading dairy company Vigor S.A. (“Vigor”) has been sold by ...
Tags: Arla Foods, dairy
Constantia Flexibles has completed the €1.15bn ($1.3bn) divestiture of its labels division to Ohio-based printing company Multi-Color Corporation following the receipt of regulatory authorities. As part of the deal, Constantia ...
Tags: Constantia Flexibles, labels
Canadian dairy giant Saputo has agreed to acquire Australia-based dairy processor Murray Goulburn Co-Operative (MG) for CAD1.29bn ($1.01bn). The is expected to complement the operations of Saputo's Dairy Division (Australia). Saputo ...
Tags: Saputo, dairy processor
UK-based auto-spare parts supplier Delphi Automotive has agreed to acquire self-driving car startup nuTonomy for $450m. The deal includes an upfront price of $400m and an earn-out of $50m. nuTonomy was founded in 2013 by Karl Iagnemma ...
Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging