KapStone Paper and Packaging reported preliminary results for the fourth quarter and year ended December 31, 2016. As compared to 2015's fourth quarter, results for 2016's fourth quarter: Net sales of $777 million, up $13 million, or 2 ...
Tags: KapStone Paper, Packaging
Nordic Sugar, which supplies sugar in the North European market, is halting the production of Fibrex and Fipec at its Swedish factory in Kopingebro. The company said that after 30 successful but challenging years on the fiber market, the ...
Tags: Fiber Products, Nordic Sugar
Thailand's Charoen Pokphand Foods (CPF) has entered into an agreement to buy US-based frozen food manufacturer Bellisio Foods for $1.08bn. Headquartered in Minneapolis, Bellisio is a portfolio company of private equity firm Centre ...
Tags: Frozen Food, Bellisio Foods
Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the third quarter and nine-month period ended 30 ...
Gores Holdings has completed the acquisition of US-based fresh baked sweet goods maker Hostess Brands. The combined company will be renamed as Hostess Brands and will trade on NASDAQ under the symbols TWNK and TWNKW, respectively. Gores ...
Tags: Gores Holdings, Twinkies
Audi is presenting new technologies for piloted driving and Car-to-X-communication at the German Federal Ministry of Transport, twelve months after the launch of the Digital Motorway Test Bed. The focus is on online variable message road ...
Tags: Audi, Piloted Driving
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
Macfarlane Group has annouced its interim results for the six months to 30 June 2016. Graeme Bissett, Chairman of Macfarlane Group PLC, today said: “Macfarlane Group’s performance in the six months to 30 June 2016 is ...
Tags: Macfarlane Group, results
Multi Packaging Solutions International, a global leader in value-added print and packaging solutions for the branded consumer, healthcare, and multi-media markets, announced results for 4Q and Fiscal Year 2016. 4Q FY 2016 vs 4Q FY 2015: ...
US-based Sun Basket has introduced recyclable and compostable packaging solutions to serve the meal kit industry in order to reduce the waste associated with shipping its boxes to customers. The new solutions, which include insulation, ...
Tags: Sun Basket, Packaging Solutions
A new joint survey from UBS and the Australian Food and Grocery Council (AFGC) has found Australian supermarket suppliers are investing in new product development as a top priority. In releasing the results of the latest ‘UBS-AFGC ...
Tags: grocery sector, export opportunities, offshore wind farm
Adidas announced that its global football (soccer) business is expected to reach new record sales of €2.5 billion in 2016, representing a 13.6 percent gain over €2.2 billion in 2015. Adidas noted that one year after relaunching ...
Tags: Adidas, football footwear
IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...
Tags: passenger volumes, Airlines