Kraft Heinz $143 Billion Takeover Bid Rejected By Unilever

Amid a broad retreat by a whole roster of traditional CPG companies, and rapid consolidation in a no-growth industry, the No. 5 player in global packaged food, Kraft Heinz, made a bid for No. 4 Unilever in a breathtaking gambit that would lurch the trade into its biggest adaptation yet to the industry’s stubborn new realities. UK-based Unilever quickly rejected Kraft’s $143 billion—or $50 a share—takeover offer as without financial or strategic merit. But Kraft Heinz, which iread more

21.02.2017 read more

Constantia Flexibles makes major press investments in Germany

Constantia Flexibles Group has invested nearly three million euro in printing technology at its manufacturing site in Wangen im Allgäu, Germany. An extra rotogravure-unit has been added to an existing UV Flexo printing press dedicated for medium-sized batches serving the dairy industry. It will now be possible to print the bar spacers of dairy lids inline instead of outline in a second working step, as was done in the past. In addition, a UV-Flexo machine has been added to caread more

17.02.2017 read more

CirclePrinters to merge with Roto Smeets

It is announced in a press release that CirclePrinters Holding will acquire the shares and operational activities of Roto Smeets Group in a cash transaction. The agreement is expected to close by the end of March. CirclePrinters has gravure plants in Belgium and Finland and offset plants in Austria, Germany and Spain. Roto Smeets print division has a gravure and two offset plants in the Netherlands and an offset plant in Hungary, and its marketing communications division MPG read more

16.02.2017 read more

Mondi Group acquires flexible packaging converter Excelsior Technologies

Mondi Group has acquired 100% of the outstanding share capital of Excelsior Technologies, from funds managed by Endless LLP and certain other minority shareholders, for a total consideration of about $41.25 million (£33 million), on a debt and cash-free basis. Excelsior is a vertically-integrated producer of flexible packaging solutions, mainly for food applications, with a proprietary packaging technology for microwave steam cooking. With two plants, located in Deeside (Nortread more

07.02.2017 read more

A Look back at the Packaging Revolution

Years ago packaging was just 'packaging'. It was simply functional and practical - a means to an end; a container that allowed people to transport their food and drink from one place to another. As Colpac marks its 80th anniversary in the packaging business, managing director Neil Goldman takes a retrospective look at the enormous changes that the industry has both faced and effected over the decades. Unsurprisingly, things have moved on rapidly since then. The modern packagiread more

01.02.2017 read more


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