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Coca-Cola Bottler Arca Continental to Construct New Facility in US
Jun 11, 2018Coca-Cola bottler Arca Continental has unveiled plans to construct a new production and distribution facility in Houston, Texas, US. Through its subsidiary Coca-Cola Southwest Beverages (CCSWB), Arca Continental will build the facility ...
Tags: Coca-Cola, Arca Continental
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MACOM Divests Appliedmicro's Compute Business to Carlyle Group Affiliate
Oct 31, 2017MACOM Technology Solutions Holdings Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has agreed to sell the Compute business – which ...
Tags: semiconductors, components
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Graphic Packaging, International Paper to Form $6bn Paper-Based Packaging Firm
Oct 26, 2017Graphic 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
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Grief Net Sales Increases in Q3
Sep 1, 2017US-based industrial packaging company Grief has reported net sales of $961.8m for the third quarter ended 31 July 2017, compared to $845m in the same quarter a year ago. The firm reported a gross profit of $187.1m, compared to $176.5m in ...
Tags: Grief, industrial packaging
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SunOpta Exits From Flexible Re-Sealable Pouch Products
Jul 31, 2017SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
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Konica Minolta, Screen GA Boost Partnership in Digital Commercial Printing
Jul 17, 2017Japanese technology firm Konica Minolta and Screen Graphic Solutions (Screen GA) have strengthened their collaboration in the commercial digital printing area. The companies plan to promote hybrid workflows and increase user-friendliness ...
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Sovos Brands to Acquire Rao's Specialty Foods
Jun 13, 2017Advent 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
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DS Smith Inaugurates New Packright Centre in Kaarst, Germany
Jun 9, 2017DS Smith has inaugurated its fifth PackRight Centre, constructed at the Kaarst location in the Düsseldorf metropolitan area, Germany. The PackRight Centre concept creates individual display and packaging solutions by considering all ...
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Conagra Brands to Sell Wesson Oil Brand to J. M. Smucker
Jun 1, 2017Conagra Brands (CAG) has signed an agreement to divest its Wesson oil brand to the J.M. Smucker (JMS). The transaction is subject to customary closing conditions, including the receipt of any applicable regulatory approvals. The ...
Tags: Conagra Brands
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TreeHouse to Divest Soup and Infant Feeding Business to Riverbend
Apr 28, 2017TreeHouse Foods has agreed to sell its Soup and Infant Feeding (SIF) business to Riverbend Foods, a newly founded portfolio company of Insight Equity. The SIF business is based in Pittsburgh, Pa. and is a leading manufacturer of private ...
Tags: TreeHouse, Infant Feeding
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Danone Puts Stonyfield up for Sale to Complete Whitewave Acquisition
Apr 5, 2017Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
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Toyota, NTT to Partner on ICT Platform R&D for Connected Cars
Mar 29, 2017Toyota Motor and Nippon Telegraph and Telephone (NTT) have agreed to collaborate on ICT platform R&D for connected cars. The collaboration will combine the automotive vehicle-related technologies of Toyota with the information and ...
Tags: Connected Cars, Toyota
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Is Not a Terrible Capital Chain But Jia Yueting Anti Sense Repairer Dream
Dec 16, 2016Jia Yueting for the two time in the "Chinese entrepreneurs" annual meeting. First, in December 2015, to meet the "noble" of Liu Chuanzhi, and bring a series of practical interest; second, December 2016, in order to hold a free conference. ...
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Natural American Foods Appoints Lance Chambers as Chief Executive Officer
Nov 22, 2016Natural American Foods, a producer and distributor of honey and other natural sweeteners, announced that Lance Chambers has been appointed chief executive officer. Mr. Chambers succeeds Rolf Richter, who will continue to serve the Company ...
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American Axle Agrees to Buy Metaldyne in $3.3bn Deal
Nov 10, 2016Detroit-based auto-parts maker American Axle & Manufacturing (AAM) has agreed to acquire Metaldyne Performance Group (MPG) in a transaction worth about $3.3bn. MPG provides lightweight components for use in powertrain and suspension ...
Tags: American Axle, Metaldyne
