Archives for August 31, 2014

HEINEKEN WILL USE PROCEEDS TO PAY DOWN DEBT

Crown says $1.22bn Heineken packaging buy will boost Mexico presence

Heineken plans to sell Crown Holdings its Mexican packaging business Empaque for $1.225bn to boost its balance sheet and focus its efforts on brewing and selling beer.

Huhtamäki Oyj acquires Interpac Packaging for $9m

Huhtamäki Oyj has acquired folded carton packaging manufacturer, Interpac Packaging in Auckland, New Zealand.

Scottish space whisky set to land on earth

Scottish whisky sent into space three years ago to discover how gravity affects the maturing process will return to earth in 11 days, on September 12, according to its distiller.