Sun Capital to merge five packaging portfolio businesses
Sun Capital Partners is planning to merger five of their flexible and rigid packaging portfolio businesses to create a company with operations in more than 70 countries.
Archives for May 1, 2013
PepsiCo gets its (Mountain) Dews? ‘Venemous’ ad sterotypes stir race storm
PepsiCo’s has pulled a Mountain Dew advert created by controversial US hip-hop artist Tyler the Creator, after causing uproar after viewers claimed it embraced racial stereotypes and trivialized violence towards women.
Sealed Air targets savings in organisational restructure
Sealed Air has announced a program aimed at annual savings of $80m by the end of 2015 but said impact this year would be “minimal”.
Cott Beverages buys UK firm Calypso Soft Drinks
Cott Beverages has signed a deal to acquire UK food service player Cooke Bros Holdings for a undisclosed sum, and said the purchase fitted its diversification strategy as it aims to bring new soft drink packaging formats to market.
£62m UK brand set for Stateside rollout
Apple of AB InBev’s eye: Stella Cidre set for US launch
AB InBev CEO Carlos de Brito has revealed that the world’s biggest brewer will launch UK cider sales sensation Stella Cidre in the US within the next few weeks.
EU brain health opportunities in omega-3 and beyond
Brain health and memory emerged as a winner from the EU Article 13.1 health claims list as the link between nutrition and cognitive performance strengthens in the scientific literature.