Savola Group, Saudi Arabia's largest food products firm, has agreed a seven-week extension to talks with Takween Advanced Industries over the sale of its plastics business, both companies said.
Savola said in July it had enter
The food and beverage sector is the largest contributor to the Middle East and North Africa’s packaging industry which is set to hit $52.4 billion by 2019, according to a recent report.
Leading global packaging technol
Germany’s leading food and beverage (F&B) technology pioneers are set to showcase processing equipment and packaging machineries at the Gulfood Manufacturing next month in Dubai.
The inaugural event will run from N
The UAE traded over three million tonnes of corrugated packed products worth $4.6 billion in 2013. The products were either consumed domestically or re-exported to other parts in Middle East, Africa and Asia.
Globally, the corruga
Saudi Arabia's Savola Group has signed a non-binding agreement to sell its packaging business to Takween Advanced Industries, as it moves to focus on its core sectors of food and retailing, it said on Wednesday.
The $4 billion worth flexible packaging industry in Middle East and Africa is forecast to grow five per cent annually and is one of the fastest growing sectors in the manufacturing industry in the region, accordi
New Zealand's richest man, Graeme Hart, is exploring a sale of SIG Combibloc Group that could value the world's second largest maker of drink cartons at around $5 billion, according to people familiar with the matter.
Private equity firm Clayton Dubilier & Rice (CD&R) has agreed a deal to buy Germany-based packaging group Mauser from Dubai International Capital (DIC) for around 1.25 billion euros ($1.72 billion), two sources familiar with the matter s
Bosch Automotive Aftermarket Middle East & Africa (MEA) has rolled out a new packaging design for its spare parts and car accessories.
The new sales packaging will gradually replace old packaging throughout the region over the
The Coca-Cola Company and World Wildlife Fund (WWF) have expanded their partnership with focus on sustainable management of water, energy, and packaging use as well as sustainable sourcing of agricultural ingredients through 2020.