Refresco Group, a bottling company based in the Netherlands, is set to acquire the bottling business of beverage company Cott.
Refresco has received shareholders’ approval for the deal, which is valued at approximately $1.25bn.
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The acquirer anticipates the deal to create synergies to generate roughly €47m ($56.2m) in revenue within three years of the deal closure.
Braskem has renewed its agreement with Sojitz Pla-Net for the supply of its green polyethylene named ‘I’m green Polyethylene’, which is made using renewable feedstock.
Braskem, which is a petrochemical company, is also one of the biggest resin manufacturers in the Americas.
Sojitz Pla-Net, a plastics trading company that is part of the Sojitzk Group, offers plastics resins, packaging materials and electronics materials.
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By GlobalData
