Press Releases
11 January 2023
The leading packaging machinery and robotic automation company, RMGroup, has supplied one of their new automatic bag placer systems, the BP-600, to North Yorkshire-based animal feed specialist, W.E. Jameson & Son. The new equipment includes an automatic bag stitching unit, label application and an ABB robot palletiser. Jameson supplies animal feed to farmers throughout Yorkshire and the North of England. They offer compounds and blends for dairy, beef and sheep farmers, supplyin
Read more...Exeter Street Capital Partners the private equity affiliate of Patriot Capital Group, announces the majority recapitalization of Yebo Group, LLC in partnership with Harbert Credit Solutions, IBC Funds, and the Founder and CEO of Yebo, Andrew Tosh. Based in Orange County, California, Yebo is a specialty packaging converter that provides wide-ranging solutions for the graphic packaging needs of customers in markets such as specialty retail, cosmetics, medical, promotional,
Read more...10 January 2023
Following a petition from Kellogg Company, the U.S. Food and Drug Administration recently announced increases to the fortification levels of Vitamin D allowed within the cereal category and now allows fortification of Vitamin D in grain-based bars.Kellogg Company is committed to addressing "hidden hunger," or micronutrient deficiencies, through both inherent sources and fortification as part of its Better Days Promise environmental, social and governance strategy. Seeing an opportun
Read more...9 January 2023
Lucas Bols N.V., a leading global cocktail and spirits player today announces the acquisition of 100% of Fluere, a leading non-alcoholic spirit's brand, effective 1 January 2023. Fluère's high-quality products are currently sold in over 20 countries, including many European countries and a limited number of US states. The purchase price consists of a fixed component of approximately € 1 million and potential earn-out payments related to ambitious net revenue and EBITDA tar
Read more...7 January 2023
Envoy Solutions announced today that it has acquired Flowood, Miss.-based Delta Packaging & Supply. The industry-leading packaging distributor offers a wide range of flexible packaging materials, automated packaging equipment, and efficient packaging solutions to a broad range of industries. Delta Packaging & Supply partners with manufacturers to provide its clients with direct pricing on a long list of industrial packaging products, custom poly bags and film, tapes, strapping, machin
Read more...Stora Enso has completed the acquisition of the Netherland-based company De Jong Packaging Group, one of the largest corrugated packaging producers in the Benelux countries. The acquisition announced in September 2022 with an enterprise value of approximately EUR 1,020 million was closed today following regulatory clearances and employee consultation. The acquisition will significantly strengthen Stora Enso's presence in European packaging markets and provide an
Read more...Life Science Outsourcing, a leading contract manufacturer and value-added service provider to medical device and life science companies, announced today that it has acquired J-Pac Medical a manufacturing, packaging and sterilization outsourcing partner to medical device and diagnostic companies.Headquartered in Somersworth, NH, J-Pac Medical has more than 35 years of experience providing innovative, high quality, market-ready and customized solutions to meet the needs of early stage and estab
Read more...6 January 2023
ByHeart, a next-generation baby nutrition company, announced today that it has entered into a definitive agreement to acquire Cascadia Nutrition, an FDA-registered packaging and blending facility in Portland, OR. The acquisition will serve to further ByHeart's goal of diversifying and building resilient, high-quality infant formula production in the U.S. by achieving complete end-to-end control and oversight of product manufacturing. ByHeart is acquiring Cascadia from the Balogh
Read more...Smurfit Kappa Group plc, one of the world's largest manufacturers of paper-based packaging products, with operations in Europe and the Americas, announces the appointment of Mary Lynn Ferguson-McHugh to the Board of Directors (the "Board") as an independent, non-executive director, effective 5 January 2023. Mary Lynn Ferguson-McHugh Mary Lynn, an American citizen, brings a breadth of strategic, operational and commercial experience to the Board. Mar
Read more...5 January 2023
Silgan Holdings Inc., a leading supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, will release its fourth quarter and full year 2022 earnings results on Tuesday, January 24, 2023, after the U.S. markets close. At 11:00 A.M. eastern time on Wednesday, January 25, 2023, Silgan will hold a conference call to discuss the Company’s results and performance for these periods. The toll-free number for the conference call for tho
Read more...4 January 2023
Leading security printing group, Cartor Security Printers, has invested in a Blumer ATLAS-1200 finishing machine to cut and stack tax stamps. The investment, which was recently installed at Cartor’s French site, follows increased demand for their specialist print and finishing capabilities. Following a re-brand in 2021, Cartor’s unique reputation, built from delivering innovative printing solutions to over 180 administrations in the postal sector, has seen the company ex
Read more...Oatly and Ya YA Foods Announce Long-Term Strategic Hybrid Manufacturing Partnership in North America
4 January 2023
Oatly Group AB, the world’s original and largest oat drink company, and Ya YA Foods Corporation, a leading contract manufacturer of a broad range of aseptic food and beverage products, today announced a long-term strategic hybrid partnership in North America. In this hybrid partnership, Oatly will continue to produce its proprietary oat base at both the Ogden, UT and Fort Worth, TX facilities, which will then be transferred to Ya YA Foods to be co-packed into Oatly products on-site at e
Read more...Intevac, Inc.a leading supplier of thin-film processing systems, today announced it has signed a joint development agreement with a major provider of glass and glass ceramic materials.“For decades, Intevac has provided the materials science expertise and high-productivity manufacturing platforms that have deposited ultra-durable and highly-precise coatings onto several billion glass substrates in the hard drive industry. Our expertise in producing rugged and highly-precise coatings in h
Read more...28 December 2022
Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, announced that it has been awarded United States Patent Number D968,957 titled Tray for Transporting and Storing Electronic Components. The tray was invented by Digi-Key engineers Shane Heinle and Reid Landsrud who set out to create a safer and more efficient way of transporting broken pack integrated circuits. The trays are a quarter of a size of the industry standar
Read more...26 December 2022
Amcor announced today it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances. The cash and debt free consideration value is €370 million. This follows Amcor's previously announced decision to pursue the orderly sale of its Russian business while continuing to support its people and customers as well as preserving value
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