News in Brief
Tesco Ireland invests €15 million in Deposit Return Scheme (DRS)
Tesco Ireland has invested over €15 million in the installation of reverse vending machines, for each of its 170 stores nationwide, as part of its commitment to the national Deposit Return Scheme (DRS) which will go live on Thursday, 1st February. The state-of-the-art machines will be located inside all Tesco Express, Superstore and Extra stores…
Super Bowl sneak peek: Coors Light brings back an icon
Coors Light is bringing back a fan favourite for its Super Bowl ad next month: its iconic train, remembered for spreading good vibes and cold beer across America when it was last seen 12 years ago. Coors Light is back in the big game amid an impressive run that began last spring, netting a 17.3% boost…
NOMOQ announces launch of Blank Cans Service for European Drinks Brands
NOMOQ has launched blank (undecorated) aluminium beverage cans on NOMOQ.com, expanding its product offering beyond the core business of digitally printed cans. Recognising the diverse needs of their customers, NOMOQ says it is introducing ‘Blank Cans’ to cater to those who seek unprinted cans for their filling lines. This service allows customers the flexibility to…
Mixed-up launches adds new flavours to canned cocktail line
Mixed-Up Cocktail Co ended 2023 with continued success, launching their new Smash line-up. These all-natural 6% ABV cocktails currently come in two flavours: Watermelon Hibiscus Smash and Tangerine Punch Smash, with plans to launch a Berry Citrus and Strawberry Mango in the upcoming months. Each flavour boasts a strong combination of natural juice and booze…
Trivium Packaging awarded platinum ranking by EcoVadis for third year running
Trivium Packaging has retained its Platinum status for its third consecutive year, the highest ranking in the 2024 EcoVadis sustainability ratings. Trivium was the first metal packaging company to obtain the coveted Platinum designation from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings and is now the first to obtain this medal…
EGA and Nadeera launch recycling solution in communities
Emirates Global Aluminium has partnered with social enterprise Nadeera to launch an innovative recycling solution in communities near EGA’s plant in Jebel Ali. Yalla Return, developed by Nadeera, is an innovative platform to promote effective recycling by consumers. The programme uses technology as a community engagement tool to encourage and incentivise recycling through a mobile…
Atalanta Corporation buys canned seafood company
J.A. Kirsch, a leader in specialty canned food imports has been sold to Atalanta Corporation. BGL’s Food & Beverage investment banking team served as the exclusive financial advisor to J.A. Kirsch in the transaction and furthers BGL’s expertise within specialty foods. The specific terms of the transaction were not disclosed. Founded in 1905 and headquartered in Teaneck, New Jersey, J.A. Kirsch is a national, privately-owned…
Ardagh said to be exploring Trivium sale
Ardagh Group and a Canadian teachers’ fund are said to be exploring for the second time in two years putting their food and speciality metal cans joint venture on the market, in a transaction that could put an enterprise value of more than $3.5 billion (€3.2 billion) on the business, including debt. Bloomberg reported this…
ConstelliumCARES announces first projects
Constellium has funded its first projects under the ConstelliumCARES Fund, a company-wide philanthropy program established in 2023 dedicated to advancing positive change in global and regional programs and local communities. With a commitment of up to €1 million per year, Constellium aims to advance initiatives centered around climate change, diversity and inclusion, and education and…
Tata Steel announces 2800 job losses as blast furnaces close
Tata Steel has announced it will commence statutory consultation as part of its plan to transform and restructure its UK business. The plan, the company says, is intended to reverse more than a decade of losses and transition from the legacy blast furnaces to a more sustainable, green steel business and includes the loss of…
