News

Bischof + Klein invested at a record rate

In 2015 Bischof + Klein’s turnover increased by approximately 4% to EUR 554 million, and the investment reached a record EUR 43 million. In 2016, the packaging producer invested EUR 35 million in their two german plants, i.e. in a new extrusion line for multi layer composite films in Lengerich . Furthermore Bischof + Klein invested in with new extrusion, printing and conversion lines in the subsidiaries in France, Great Britain, Poland and Saudi Arabia.read more

29.07.2016 read more

Lindsay Goldberg Acquires Schur Flexibles Group

Lindsay Goldberg today announced that it has agreed to acquire the Schur Flexibles Group ("Schur Flexibles" or "the Company"), a leading manufacturer of flexible packaging products in Europe across a range of end markets including meat & cheese, confectionary, pharmaceutical specialties and tobacco. Financial terms of the transaction were not disclosed. Headquartered in Baden, Austria, Schur Flexibles manufactures flexible packaging which mostly consisread more

26.07.2016 read more

Mondi Completes Acquisition of Kalenobel

Mondi Group announces the successful acquisition of Kalenobel, the Turkish flexible packaging manufacturer, for EUR90 million on a debt-and-cash-free basis (consideration for 90% of the business). Kalenobel, headquartered in Istanbul with two production facilities in Kırklareli, will become part of Mondi’s consumer goods packaging business and will be renamed Mondi Kalenobel. Established in 1955, Kalenobel is a Turkish consumer packaging company that produces flexible consumeread more

13.07.2016 read more

Mondi to buy Russian packaging company

Mondi is acquiring Russian flexible packaging maker Uralplastic for an undisclosed amount.Uralplastic generated revenue of 1.988m roubles (€29.2m) and adjusted earnings before interest depreciation and amortisation of 318m roubles (€4.7m), Mondi said in a statement on Monday. "The acquisition of Uralplastic supports the development of our consumer packaging business and strengthens our presence in the Russian consumer packaging market, complementing our existing plant inread more

12.07.2016 read more

Danone acquires WhiteWave

Danone SA of France, definitively agreed to merge with The WhiteWave Foods Co, a Denver-based producer and wholesaler of dairy and food products for $56.25 per common share and restricted common share for a total of $10.356 bil. Originally, in July 2016, Danone is rumored to be planning to acquire the entire share capital of WhiteWave.read more

11.07.2016 read more

Siegwerk confirms transfer of its web offset business to Flint Group

Siegwerk Druckfarben, one of the leading international suppliers of printing inks for packaging applications, labels and catalogues, and Flint Group, a global solutions provider to the packaging and print media industries, have received approval from the competition authorities to complete the planned transfer of Siegwerk’s Heatset & Newsink product lines to Flint Group. Upon completion of the acquisition on June 30, Flint Group will now take over Siegwerk’s web offset bread more

05.07.2016 read more