News

Packager SIG Combibloc on Track to Announce Listing in September

LONDON/FRANKFURT (Reuters) - SIG Combibloc is on track to announce in September its intention to float on the stock market in Zurich, three sources familiar with the matter said, in a listing that could value the Swiss packaging maker at close to 5 billion euros ($5.7 billion). Goldman Sachs , Credit Suisse and Bank of America are global coordinators for the listing. The sources said Morgan Stanley , Citi and Barclays are bookrunners on the deal. SIG Combibloc's read more

13.08.2018 read more

Amcor – Mega packaging merger with Bemis

The Australian packaging giant has entered into a strategic agreement to acquire Bemis, a U.S. manufacturer flexible and rigid plastic packaging for food, consumer products, medical and pharmaceutical companies for USD 6.8 billion. Combining the two complementary companies will create a global leader in consumer packaging. The transaction will be effected at a fixed exchange ratio of 5.1 Amcor shares for each Bemis share, resulting in Amcor and Bemis shareholders owning approread more

08.08.2018 read more

W&H founds a new daughter company in Poland

Machine-builder Windmöller & Hölscher founded its own daughter company in Poland in June 2018. The specialist for machines for the production of flexible packaging has been active in the Polish market for almost thirty years with a representative office. In the last five years, the company has doubled its turnover in Poland. With the establishment of the subsidiary in this growing market, W&H wants to move even closer to its customers and further improve its service read more

16.07.2018 read more

WTO backs Australia over plain tobacco packaging

Australia triumphed on Thursday in a major trade dispute over its pioneering “plain” tobacco packaging law, with World Trade Organization judges rejecting a complaint brought by Cuba, Indonesia, Honduras and Dominican Republic. The WTO panel said Australia’s law improved public health by reducing the use of tobacco products, rebuffing claims that alternative measures would be equally effective. It also rejected the argument that Australia had unjustifiably infringed tobaccoread more

02.07.2018 read more

Rotogravure Printing Machine Market - Growth Opportunities in Food Industry to Lead to Most Promising Returns

The global Rotogravure printing machine market features a highly fragmented and competitive vendor landscape, with the leading seven companies collectively accounting for a mere 41% of the market in 2017, observes Transparency Market Research in a recent report. Of these leading few, the company Bobst Group SA accounted for a significant 41.5% of the market in the said year. The dominant spot of the company in the market is owing to its extensive product and service portfoliread more

19.06.2018 read more

Huhtamaki has completed the acquisition of Ajanta Packaging

Huhtamaki has completed the acquisition of Ajanta Packaging’s business in India. Ajanta Packaging is a manufacturer of pressure sensitive labels in India. The annual net sales of the acquired business are approximately EUR 10 million and it employs altogether 170 people. The debt free purchase price was approximately EUR 13 million. The business will be reported as part of the Flexible Packaging business segment as of June 1, 2018. read more

08.06.2018 read more

Schur Helps Veggie Company Launch World Cup-Inspired Bags

Just in time for the upcoming FIFA World Cup 2018, two large Swiss vegetable marketers are launching their snack tomatoes with a striking packaging design: The SchurStar bag shaped like a T-shirt to match the globally popular event. It is time to think healthy - that's why this product from the Swiss vegetable marketer is perfect. It aims to address football fans as well as health-conscious consumers. The eye-catching T-shirt-shaped bags will be delivered to Swiss food retailread more

07.06.2018 read more

Huhtamaki has sold its confectionary trademark portfolio

Huhtamaki has sold its confectionary trademark portfolio Huhtamaki has sold its confectionary trademark portfolio to Highlander Partners, a US based investment firm. Related to the sale, an after taxes gain of approximately USD 16 million will be booked as an item affecting comparability (IAC) during the second quarter of 2018. The sold trademark portfolio was related to Huhtamaki’s confectionary business divested in 1996. Investment bank Fredericks Michael & Co servedread more

23.05.2018 read more

Constantia Flexibles invests in new technology at Vietnamese plant

Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. Ho Chi Minh City-based Oai Hung Manufacturing Joint Stock Co. will install a new printing machine and a laminator that represent a single-digit million euro investment. The wide printing machine will have reverse printing capabilities to serve new trends in the Home & Personal Care (HPC) and dairy lidding sectors. The duplex solvent-bread more

16.04.2018 read more

Pre-press for Packaging Market: Comprehensive Analysis and Future Estimations 2025

The prominence of printing for packaging has made way for new market opportunities in the global pre-press for packaging market. The global pre-press for packaging market is abuzz with strategic planning and creative capabilities that range from industrial designing and engineering to graphic designing, conceptualizing, typesetting, screening, imposition, manufacturing of plates, production planning, cost management, etc. Advent of digital printing has promptly shifted the read more

11.04.2018 read more