The Minneapolis-based food giant has announced a series of changes to its management team, including the retirement of CFO Don Mulligan - a 20-year company veteran - and the promotion of its US cereal lead to the European and Austalian division.
Pretzels Inc. has hired two R&D leads and one board member with plenty of pretzel experience as it continues a 120k-square-foot expansion of its manufacturing facility in Plymouth, Indiana.
PepsiCo, ADM, Mondelez and DuPont have some of the highest-paid female CEOs in the world, according to a joint study by executive compensation data firm Equilar and The Associated Press.
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Scholle Packaging has acquired controlling interest in Flexpack and WS Packaging has bought Label World from Kamylon Capital to kick off 2013 with a bang.
Pregis Corporation has acquired Inter-Pac for an undisclosed sum and claimed the deal will make them the largest producer of polyethylene sheet in the US.
MeadWestvaco (MWV) said its takeover of closure specialists Polytop Corp fits in with its strategy to expand its end-market operations in food and personal care markets around the world.
Six months after its acquisition of Owens-Illinois' plastics unit,
Graham Packaging has reported a net loss of $11.5 million (€ 9.1
million) for the first quarter of this year, even though net sales
increased by 138 per cent...
Epoch Biosciences has entered into a partnership with BioControl
Systems. Under the license and supply agreement, BioControl
receives a license to specific probe sequences from Epoch for use
the field of food safety testing.
Phosphate technology company Astaris, hit by a weaker economy and
rising competition, yesterday unveiled a restructuring plan
designed to cut costs and boost revenue for North American
operations. The move sees facilities closing...
Stora Enso, one of the world's leading forest industry companies,
will move its Asia-Pacific headquarters from Singapore to China's
economic centre, Shanghai, the company's chief executive officer
announced today.
Ball Corporation has agreed to acquire Schmalbach-Lubeca, the
second largest beverage can manufacturer in Europe. Combined, the
two companies produce more than 45 billion beverage cans annually
in North America and Europe.
Alcan, the Canada-based aluminium packaging provider, has said that
it is disappointed with the S&P decision to downgrade its
rating on the S&P 500 Index.
Pactiv Corporation has announced an agreement to purchase Winkler
Forming, a leading thermoformer of amorphous polyethylene
terephthalate (APET) used in food packaging, for $72.5 million,
(€78.5mn) or approximately 7 times EBITDA.
