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.
GEA said it expects to achieve a moderate organic growth in revenue and an operating EBITDA of between €580 and €620m in the current fiscal year 2015, but its growth...
Kuraray has acquired all the shares of Plantic Technologies (Plantic), manufacturer of bio-based barrier materials.
Smurfit Kappa UK (SKUK) is to acquire Inspirepac and the majority shareholding of Beacon Packaging.
Spiroflow Holdings has acquired Food Control Solutions, and says it plans to become one of the top 50 worldwide system integrators in two years.
Tetra Pak has released its financial results for 2014 with €10.9bn net sales, up 1.7% from 2013, with strong growth in Capital Equipment and Technical Sales.
Atlas Holdings has launched Novipax operating company, following its acquisition of Sealed Air’s North American foam trays and absorbent pads (TAP) business.
PFF Packaging Group has acquired Intelligent Packaging Solutions (IPS), which designs and manufactures packaging dairy, ice cream, salads, soups, ready meals and chilled foods.
Amcor has acquired Nampak Flexibles, in South Africa, for $22m.
Huhtamäki Oyj's subsidiary has entered into an agreement to acquire Butterworth Paper Cups, a privately owned paper cup and foodservice packaging manufacturer in Malaysia for €8m.
A. Schulman has agreed to acquire Citadel Plastics Holdings (Citadel) for $800m, with the transaction expected to close in August 2015.
Owens-Illinois (O-I) has acquired Bennu Glass, a single furnace glass plant in Kalama, Washington, US.
DS Smith has acquired Duropack Group (Duropack) recycled corrugated board packaging for approximately €300m ($339m), the transaction is expected to close in the second quarter of 2015.
Ball Corporation has announced it is to acquire Rexam for $6.6bn (£4.3bn) ending weeks of speculation.
JBT Corporation has announced its 4th quarter and year-end results for 2014, investor guidance for 2015, and the signing of $20m in contracts to provide liquid foods equipment to Asian food...
Nestlé missed its growth estimate for 2014 and has forecast around 5% growth for 2015 – at the low end of its previous target of 5-6%.
Facing tepid earnings growth and changing consumer shopping dynamics, the Campbell Soup Co. will drastically reorganize its portfolio and cut at least $200 million in costs in the next three...
US-based Smithfield Foods, part of WH Group, has announced it will be restructuring the company, in order to try and accelerate growth.
Being part of a multinational company will enable Enjoy Life Foods to significantly boost its distribution and accelerate the innovation process, chief marketing officer Joel Warady told FoodNavigator-USA after the...
Kellogg’s 136% profit plunge for the fourth quarter (Q4) is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.
Smurfit Kappa Group (SKG) has seen 2% corrugated volume growth year-on-year in Europe despite a ‘volatile pricing environment for recycled containerboard’, as reported in its Fourth Quarter and Full Year Results 2014.
PepsiCo has met or exceeded its 2014 financial targets, and CEO Indra Nooyi says the company’s innovation pipeline is possibly its strongest ever, forecasting resilience to a volatile global macro...
Packaging machinery manufacturer Bobst Group has lowered its turnover guidance for 2015 (from CHF1.25 to CHF1.33bn to CHF1.15 to CHF1.23bn) after the Swiss National Bank decided to discontinue the minimum...
Klöckner Pentaplast has completed €6.4m expansion to increase capacity and introduce green technology at its factory in Crumlin, Wales, UK.
US giant Ball Corporation is in talks to buy UK rival Rexam, in a £4.3bn ($6.6bn) deal that would combine two of the world’s largest beverage can manufacturers.
As part of a plan to streamline administration and overhead functions announced in May, Siemens will cut about 7,800 jobs worldwide, including 3,300 in Germany.