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Huhtamaki PPL to set up plants for flexible packaging and labels in NE India

Huhtamaki PPL Limited (formerly The Paper Products Ltd), a part of the Finland-based Huhtamaki group that provides consumer and specialty packaging solutions, plans to invest about Rs 65 crores for expansion and modernisation projects for its flexible packaging and labels businesses in the North East region. While the company will set up a flexible packaging plant in Assam, its subsidiary, Webtech Labels Pvt Ltd, will build a production facility for labels in Sikkim. “Huhtamaread more

26.10.2016 read more

AR Packaging to Acquire Majority Stake in Indonesia's Paper Packaging Firm Maju Jaya

Swedish firm AR Packaging Group has signed an agreement to acquire a majority stake in Indonesian paper packaging firm PT Maju Jaya Sarana Grafika (MJSG) for undisclosed amount. Maju Jaya provides services from design, prepress, production to finishing and delivery. The company has two production sites in Bekasi near Jakarta, Java and in Semarang, central Java. AR Packaging branded products COO Peter Aichhorn said: “We have worked very closely with the company in recent monthread more

25.10.2016 read more

A $47 billion transatlantic tobacco deal is in the works

British American Tobacco has offered to buy USA tobacco company Reynolds American Inc in a $47 billion deal that would bring together Newport, Kent and Pall Mall cigarettes in the world's biggest listed tobacco company. The tobacco industry heavyweight has left rivals for dead, and it's about to get even bigger after flagging plans to buy the rest of Reynolds American (RAI) for $47 billion (£38.4 billion). The completion of last year's purchase by Reynolds of Lorillard, whichread more

24.10.2016 read more

Mars buys Berkshire Hathaway’s stake in Wrigley to set up merger

Mars has announced that it will acquire Berkshire Hathaway’s remaining 19% share in confectionery company Wrigley to set up a merger between the two firms. The deal will allow Mars to take full control of Wrigley, having owned a majority stake in the gum maker since an initial acquisition in 2008. The integration of the two companies is expected to be phased in gradually during 2017, with the newly formed combined division – Mars Wrigley Confectionery – headquartered in Chicaread more

21.10.2016 read more

Pritzker to acquire flexible packaging manufacturer ProAmpac

Pritzker Group Private Capital has agreed to acquire flexible packaging company ProAmpac from private equity firm Wellspring Capital Management for undisclosed amount. ProAmpac, which operates under Prolamina, Ampac and Tulsack brands, has earlier acquired Coating Excellence International. The company offers a range of products and capabilities, including wide web extrusion coating and laminating of film, foil, paperboard and nonwovens; metallizing; pouching; bag converting, read more

19.10.2016 read more

Continental agrees to buy Konrad Hornschuch

Germany's Continental AG has agreed to buy smaller domestic rival Konrad Hornschuch AG, the company said in a statement on Sunday. Continental, the world's second-largest automotive supplier by revenue, did not state the value of the deal, although people familiar with the matter in July put the figure at roughly 400 million euros ($438.8 million) Hanover-based Continental said the purchase would strengthen its Benecke-Kaliko AG subsidiary, adding that Hornschuch made more thread more

18.10.2016 read more

Nestle India Introduces New Packaging for Maggi, Nescafe and Kitkat Brands

Nestlé India, a unit of is a subsidiary of Switzerland-based Nestlé, has introduced new packaging for its Maggi, Nescafé and Kitkat brands. The new packaging, which will be added to 100 million Nestlé packs, will is aimed at spreading awareness for girl child education in India. Planned to be made available by the end of this month, the new packaging will feature new taglines spreading awareness of issues around the education of girls in India. It will also feature a blue banread more

10.10.2016 read more

Rako merger forms global giant

Rako, X-label and Baumgarten signed a merger agreement in order to form a new global label and packaging giant. The newly established group stretches around the world from Latin America through Europe to Asia. Toghether they have 30 production sites, more than 3000 employees, more than 2000 customers and a turnover of higher than USD 500 million. Currently the merger is under review by German Cartel Office and closing of the transaction is to be expected later this year. The read more

07.10.2016 read more

Constantia Flexibles to acquire Lamp San’s flexible packaging business

Constantia Flexibles Group has agreed to acquire flexible packaging business of Italian company Lamp San Prospero in a bid to strengthen its pharmaceutical packaging business in Europe. The transaction is planned to be completed in the near future. Financial terms of the deal were not disclosed. Lamp San Prospero, a unit of by privately-owned VIMA Holding, supplies products including printed aluminum blister foil and coldform slitting for major pharmaceutical companies. Constread more

06.10.2016 read more

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