Packaging company Sonoco has signed an agreement to acquire 100% of the stock of Clear Lam Packaging, Inc., a developer and manufacturer of flexible and forming plastic packaging films, for approximately $170m in cash.
As industry leaders gathered in Anaheim for the Expo West show, Talking Rain (Sparkling ICE) CEO and president Kevin Klock made a sudden, surprise, exit from the business he helped turn into one of the biggest success stories in the beverage aisle over...
PepsiCo has announced a series of appointments, including one to address the importance of digitally connected consumers and e-commerce distribution channel.
International Paper said it continues to see market expansion opportunities in its Industrial Packaging business after trebling business in the last five years.
MeadWestvaco (MWV) Corporation has dropped the profit it expects from its Food and Beverage segment to between $45m-$50m after unanticipated costs and lower productivity.
Alcoa has reported a Q3 loss of $143m relating to a settlement of a civil lawsuit and a payout to clean a river polluted by one of its aluminium plants.
Silgan Holdings announced this week that it has acquired IPEC, a plastic closure manufacturer that serves primarily the North American dairy and juice markets.
This week, Heineken prepares to expand within the Swiss beer
market, and SABMiller and Molson Coors begin to finalise
integrations plan for their US joint venture.
Top executives at Coca-Cola Enterprises will be awarded hundreds of
thousands of dollars for the firm's 2006 performance, despite last
week announcing a $1.7bn loss and a plan to cut 3,500 jobs.
The beverage industry has seen a number of big changes at the top
this week, with both Rexam and Pepsi Bottling Group reshuffling
some key positions,and the president of Baltika announcing his
resignation.
Riverwood Holding, parent company of Riverwood International, and
Graphic Packaging International, have said that they will take the
name of Graphic Packaging Corporation upon completion of their
merger.
Ball Corporation has completed its acquisition of
Schmalbach-Lubeca, the second largest manufacturer of beverage cans
in Europe, for approximately €900 million in cash.
