Close×

Global food giants, Unilever and The Kraft Heinz Company, have revealed they were in merger talks.

Kraft's surprise US$143bn offer for Unilever was rejected, reportedly because the deal had no financial or strategic merit. 

The merger would have involved the third-biggest takeover in history.

According to a short statement, Kraft Heinz said it had agreed to amicably withdraw its proposed merger.

 “Unilever and Kraft Heinz have great reciprocal esteem. Kraft Heinz has the deepest respect for Unilever's culture, strategy and leadership," the statement said.

Packaging News

Earlier this month PKN published an article that voiced industry concern over the speculation that Qenos might be closing its polymer manufacturing plants in Australia. Qenos has remained silent on the matter. The MD of Qenos customer Impact International, Aleks Lajovic, wants some answers.

Amcor, a global leader in developing and producing responsible packaging solutions, is the proud recipient of eight FPA Awards for innovative and sustainable contributions to the industry.

An impressive number of quality entries into the inaugural Hive Awards created a highly competitive line-up for judges to consider. The packaging category was one of the most strongly contested.