KraussMaffei Group to expand in China
ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.
Archives for January 12, 2016
Dispatches from FiE, Paris
Smart combinations: Juices blend fruit and vegetable ingredients for nutritional punch and flavor appeal
Vegetable ingredients may boost the nutritional content of beverages: but when it comes to taste, it’s the fruit flavor that continues to appeal to a mass audience.
Goss International expands into South Korea
Goss International has appointed Alles International as its agent for South Korea to get a foothold in the market.
Xolution partnership to fund next generation XO2.0 resealable can production
Xolution has closed a €45m equity investment round with Inventure Management, in Singapore, to fund production of its next generation XO2.0 resealable beverage can technology.
Africa: The fastest growing beer market
The beer market in Africa is predicted to grow faster than any other region over the next five years, driven by a rising population, urbanization, and increased GDPs.
Graphic Packaging International to acquire Colorpak for $60m
Graphic Packaging International, part of Graphic Packaging Holding Company, has agreed to buy Colorpak, a folding carton supplier in Australia and New Zealand for $60m, with the deal expected to close in Q2, 2016.
BillerudKorsnäs partners with EcoXpac to make paper bottle
BillerudKorsnäs has acquired a 10% stake in Danish packaging company EcoXpac, to make a bottle made entirely out of paper.