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...
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...
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...
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...
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...
Tetra Pak invests to further boost recycling across EU
Tetra Pak announced several strategic investments designed to level up the recycling capacity for carton packages in the European Union (EU). The move supports...
Expansion in the Caribbean: ALPLA acquires packaging specialist Fortiflex
ALPLA, one of the world’s leading companies in the manufacture and recycling of plastic packaging, has acquired the packaging specialist Fortiflex based in Puerto...
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...
Adani, Wilmar may sell stake to private equity firms: report
The Adani Group and Wilmar International plan to sell part of their stake in FMCG giant Adani-Wilmar – known for its Fortune brand of edible...
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,...
