Issues
Cooking sauces launched in ‘beer’ cans
Fine food maker Potts’ is launching a duo of Mexican cooking sauces packaged in aluminium ‘beer’ cans. The new-look Enchilada and Fajita & Taco variants will hit Tesco on 1 July (rsp: £2.30/330ml). The cans feature an “industry-leading” 360-degree lid for dispensing the sauces. Potts’ said they could help save five tonnes of plastic per year and would offer a “completely…
Oversubscribed IPO raises Rs4.6 billion for Pakistan canning company
The book-building phase of Pakistan Aluminium Beverage Cans Ltd (PABC)’s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company said on Wednesday. The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 49/share, 40 percent higher than the floor…
Emballator invests in new printing press
During the last few years, Emballator has grown rapidly through acquisitions with production volume at the Ulricehamn, Sweden plant on the rise. In 2019 another acquisition was made in Finland which further increased the need of components from the factory in Ulricehamn. To meet the increased demand a large investment in a new printing press…
Harrods picks Lilo as its only hard seltzer brand
Lilo Hard Seltzer has made its debut in the Harrods Food Hall, offering customers a choice of two flavours: Lilo White Grape & Elderflower, and Lilo Cranberry & Rosehip. The white grape and elderflower expression is crafted using botanical distillate made with lemon verbena and orange peel to complement the ‘all natural’ flavours of white grape…
Enis Ersü retires as CEO of Isra Vision
The CEO of Isra Vision, Enis Ersü, has announced his retirement after 36 years working in the vision industry. Ersü founded Isra Vision as a spin-off from the Technical University of Darmstadt while working as a research associate. The company was sold in February 2020 to Atlas Copco for €1.094bn. Earlier this month, Atlas Copco announced…
UK vineyard crowdfund to launch canned orange wine
A wine merchant in Bristol, UK, is set to launch a crowdfunding campaign to produce what it says will be England’s first canned orange wine. Nania’s Vineyard, which operates from an allotment in the Montpellier area of the city, is collaborating with farmers and other small growers from across the country to create three new…
IMDPA launches Excellence In Quality awards
The Excellence in Quality Contest recognises the skilful achievements of the metal decorating and packaging industry. Entries from around the globe are judged in nine categories with the best entry given the Grand Award. As one of the longest running annual metal decorating competitions, its mission is to honour outstanding companies who have made exceptional…
Blue Moon LightSky unveils 2021 campaign
After a fast start to 2021 in which it ranks as the top share-gainer in craft beer, Blue Moon LightSky has unveiled its 2021 marketing campaign with a series of new video spots that for the first time establish the brand’s personality and tone as youthful, vibrant and energetic. Seeking to showcase its credentials as…
Hyperion to acquire carbide product manufacturer
Hyperion Materials & Technologies has announced today it has reached an agreement to acquire Sinter Sud S.p.A., an Italy-based manufacturer of cemented carbide products. “Sinter Sud has nearly 50 years of experience making premium tungsten carbide products and has established an especially strong presence in Europe supplying carbide rod blanks for drilling and end milling…
Pakistan can-maker to sell 26pc stake through IPO
Pakistan Aluminium Beverage Cans (PABC) is to raise at least Rs3.3 billion through the sale of a 26% stake controlled by one of its major shareholders in an initial public offering (IPO). The book building will take place on June 22-23 followed by public subscription on June 29-30. Through the IPO, Ashmore Mauritius PABC, a…
