WORLD NEWS
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DS Smith to invest in two new packaging facilities as Belvac boosts can development capabilities
EUROPE – British multinational packaging company, DS Smith has announced a £100 million (about US$139 million) investment in two new packaging sites in Europe to…
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Graphic Packaging unveils Cap-It, a new sustainable packaging alternative to traditional shrink film
ASIA – Cap-It, a new alternative to traditional shrink films and can rings, has been introduced in the market to bolster the sustainability profile of…
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Singaporean sovereign wealth fund GIC to buy 47% stake in US rigid packaging company Altium
US – Singapore’s sovereign wealth fund, GIC, has agreed to buy a 47% stake in Altium Packaging from Loews Corporation. According to a report by…
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Swiss bakery company Aryzta to sell North American unit for US$850m
US-Swiss food company Aryzta Group has signed an agreement to sell its North American business to an affiliate of US private equity firm Lindsay Goldberg…
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UK clean label ingredients supplier Ulrick & Short acquired by Swedish investment firm Novax
UK – Ulrick & Short, a UK clean label ingredients supplier, has been acquired by Swedish investment firm Novax, for an undisclosed sum. Ulrick &…