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Supply chain

Nestlé acquiring majority stake in Brazil chocolate company

Nestlé has announced an agreement with Advent International to acquire a majority stake in Grupo CRM, a premium chocolate player in Brazil. Grupo CRM operates a successful direct-to-consumer model, with more than 1 000...
ITC

ITC to buy D2C brand Yoga Bar

Indian conglomerate ITC will acquire Bengaluru-based Sproutlife Foods (SFPL), which owns the direct-to-consumer brand Yoga Bar. The 100% acquisition will happen over a period of three to four years, ITC said in a statement. "ITC...
neste

Neste, Suntory, Eneos, Mistubishi’s bio-based PET bottle

A collaboration between Neste, Suntory, Eneos, and Mitsubishi Corporation expects to facilitate the production of PET resin from ‘renewable’ Neste RE feedstock, set to be used by Suntory to manufacture bottles in 2024. Eneos is...
ALPLA

ALPLA becomes majority owner of Paboco

The internationally active packaging specialist ALPLA has become a majority owner of Danish company Paboco (The Paper Bottle Company), develops and produces fibre-based packaging solutions using innovative pulp-forming technology. The Danish joint venture was...
Girnar

HUL and Tata set sights on Girnar Foods, says report

Consumer product companies such as Hindustan Unilever (HUL) and Tata Consumer Products are looking to acquire Gujarat-based tea major Girnar Food & Beverages, Business Standard reported. While the discussions are at an initial stage, according to the report, the deal could...
SIG Signature liquid cartons

Recapping SIG’s recent acquisitions and significant Indian expansion

On 5 January 2022, SIG agreed to acquire Pactiv Evergreen’s carton packaging and filling machinery businesses known as Evergreen Asia. The Lake Forest Illinois headquartered, company divested its carton packaging and filling machinery businesses...
Hotpack

Hotpack acquires Dubai-based Al Huraiz Packaging

Dubai-Food packaging manufacturer Hotpack Global has acquired Al Huraiz Packaging Industry (AHP), a leading corrugated carton manufacturer in the UAE. Located in the Dubai Investment Park, AHP is one of the most technically advanced packaging...
VerifyMe

VerifyMe acquires assets Trust Codes

VerifyMe, together with its subsidiary PeriShip Global provides brand owners time and temperature sensitive logistics, supply chain monitoring, authentication, and data-rich consumer engagement services, announced recently that it has acquired the assets of Trust...
ALPLA

ALPLA UK acquires iTEC Packaging

The internationally active ALPLA Group has strengthened its commitment to the UK market with the acquisition of the packaging business iTEC Packaging (Mansfield). The plant specializes in the production of closures mainly for dairy,...
Bisleri

Bisleri in talks with Tata, others to sell packaged water business

Indian business circles went abuzz on 24 November 2022 over news reports that the Tata Group had finalized a Rs 7,000-crore deal to buy out the market leader in the packaged water business, Bisleri...
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