Archives for July 10, 2002

← 2002

AV Packaging to buy out Schmalbach

AV Packaging, the German packaging joint venture owned by Allianz Capital Partners and utilities group, is offering €17.78 per share to small shareholders in fellow packaging company Schmalbach-Lubeca, in a squeeze-out transaction, according to a...

Asian machinery and equipment sector set for growth

Throughout Asia demand for machinery and equipment is still largely satisfied by imports, reflecting a growing need for more Asian manufacturers to become more active, according to a report in the Malaysian Times.

New probiotics from Danisco

Danish food ingredients company Danisco is to launch the first of two new probiotic bacteria cultures developed by Australasian companies Fonterra Research Centre (NZDRI) and NZMP Ltd.

ConAgra expands plant

ConAgra Foods, one of the largest food manufacturers in the US, has started construction of an estimated $12 million (€12m) addition to its manufacturing facility in Iowa, according to a report in the World Herald.