Archives for May 9, 2002

← 2002

Amcor buys its way into leading PET position

Amcor, the fast-growing Australian packaging group, has confirmed that it is to buy most of the assets of Schmalbach-Lubeca, its German rival, in a $1.56 billion (€1.7bn) deal that will more than double its sales, making it one of the top three groups...

Rich pickings await Fonterra

International dairy specialists have rated New Zealand company Fonterra's alliance with food giant Nestle a "spectacular" teaming among companies targeting the rich American market.

Crown Cork & Seal builds Zeller Plastik facility

Crown Cork & Seal, the US food and beverage packaging specialist, has announced the groundbreaking of a 112,000-square-foot expansion to Zeller Plastik, its plastic closures division, in Illinois.

Dean Foods buys soymilk maker

Dean Foods, the largest dairy processor in the US, has agreed to pay $189 million for the 64 per cent stake it does not already own in White Wave, which makes Silk refrigerated soymilk.

US associate behind Jefferson Smurfit's IQ decline

A poor performance from one of its US subsidiaries dragged down first-quarter profits at Jefferson Smurfit, the Irish paper and packaging business at the centre of a bid from a US private equity house.

Food and packaging mini-plants

Science Network is set to supply to countries and developing regions with the technology and the necessary support for the production-in-deries of mini-plants in mobile containers that can be used for the production of food.

ADM may purchase Minnesota Corn Processors

US-based Minnesota Corn Processors(MCP) has announced that it is engaged in preliminary discussions with Archer Daniels Midland Company (ADM) regarding a potential sale of MCP to ADM.