Finance is how money is managed and the process of acquiring funds. Corporate and public finance includes pursuing investments, obtaining low-cost credit, allocating funds for liabilities, and banking.
Berlin Packaging has acquired Vivid Packaging claiming the deal makes it the largest US packaging supplier in its class.
Microscan Systems has purchased the trade and assets of Label Vision Systems (LVS).
Bunzl has agreed to acquire Meier Verpackungen, which distributes packaging products to food processors throughout Austria.
Sonoco has revealed plans to expand its Waco, Texas location by early 2016.
Ardagh Group has allegedly drawn bids from BC Partners, Carlyle Group and Onex Corp private equity firms for its €2bn metal-containers unit, according to Bloomberg.
GEA saw revenues climb 3% in its Q2 2015 financial results, compared to the previous year, but said it was ‘unable to escape the effects of a renewed decline in...
Rexam has made a Board change following the announcement David Robbie, CFO, has been diagnosed with a serious illness.
H.I.G. Europe (H.I.G.), the European arm of private equity firm H.I.G. Capital, has sold AR Metallizing (ARM) to Nissha Printing Co.(Nissha).
Rhode Island Department of Labor and Training has awarded Toray Plastics (America), a $25,000 ‘Real Jobs Rhode Island’ grant to develop a leadership training program.
Peacock Engineering, based in Geneva, has acquired L&L Foods, an Anaheim, California-based business specializing in portion control packaging.
Ball Corporation says it is closing one of its oldest North American beverage packaging plants because it ‘competes against plastic, glass and metal packaging in a highly competitive market’.
Stora Enso has signed an agreement to divest its Barcelona mill, in Spain, which produces recycled-fibre based consumer board, to the private equity fund Quantum for €10m.
The Food Safety and Inspection Service (FSIS) and the Food and Drug Administration (FDA) are two of the services to receive funding in the FY2016 Agriculture Appropriations Bill in Washington,...
Bemis Company will acquire the South American rigid plastic packaging operations of Emplal Participações, a Brazilian manufacturer of plastic packaging for food and consumer applications.
Barry‐Wehmiller (BW) has agreed to acquire the Bielomatik group associated with the paper processing product line of Bielomatik Leuze, with the sale expected to be completed in the coming months....
JBT Corporation has acquired Stork Food & Dairy Systems (SFDS), a filling and sterilization solutions provider for €47m.
It has been a busy time in the food and beverage processing and packaging arena for acquisitions. Let FoodProductionDaily guide you through some of the more notable ones this week.
Kraft Foods is allegedly seeking a 75% property tax break for 10 years on a $114m investment in equipment and infrastructure at its Columbia, Missouri, US, plant, downsizing from 500 to about 350 employees.
An inquiry group of independent Competition and Markets Authority (CMA) panel members assessing the merger of Sonoco and Weidenhammer has confirmed its provisional findings, which were published in May .
Kraft Foods Group shareholders have voted to approve the previously announced merger agreement for the creation of The Kraft Heinz Company.
Duravant, an equipment manufacturer for food processing, packaging and material handling has acquired Mespack, in Barcelona, Spain.
Greiner Packaging has acquired a 51% majority in Teknik Plastik and Teknik IML from the Özata Group, in Turkey.
Austrian-based Mayr-Melnhof Packaging (MM Packaging) has made an offer to acquire the folding carton operations of Ileos, in France, owned by Oaktree Capital Management for €80m.
The South Africa Competition Commission has approved, without conditions the intermediate merger whereby Amcor Flexibles South Africa (AFSA) intends to acquire the flexible packaging business of Nampak.
The European Commission has approved Plastipak’s acquisition of APPE, under the EU Merger Regulation act.