Following its recently announced plans to acquire Big Heart Pet Brands, the J.M. Smucker Company announced five executive promotions it said are “designed to position the Company for continued growth and success.”
Premier Foods’ executive director and chief financial officer (cfo) Mark Moran is to leave the firm, in what City analyst Panmure Gordon called further evidence that “the revolving door continues to spin”.
Food giant Kraft has announced plans to introduce BelVita breakfast biscuits to the US market following European success and plans a string of other snacks product launches in 2012 to appeal health conscious consumers.
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...
Graphic Packaging International yesterday said that its
shareholders have approved the proposed merger with Riverwood
Holdings, to form a global paperboard packaging company with
estimated annual sales of $2.2 billion (€1.94bn).
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.