News & Analysis on the Bakery and Snacks Industries
Company name to be revealed later
RockTenn and MeadWestvaco (MWV) have joined to create a provider of consumer and corrugated packaging in a transaction with a combined equity value of $16bn.
Post Holdings CEO Rob Vitale said today that his firm’s $1.15bn move to buy smaller ready-to-eat cereal rival MOM Brands for $1.15bn was the “right move, at the right price, in the right category".
Industry target to meet 80% steel recycling by 2020
‘Concerns over food waste are likely to increase the demand for canned food because cans have a longer product shelf life,’ claims Dr Ulrich Roeske who became president of APEAL, the Association of European Producers of Steel for Packaging, this month.