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2024-08-07 0:58 min Management
Appointment

Doug Neal to lead Barry-Wehmiller continuous improvement initiatives

Barry-Wehmiller is excited to announce a new role that will bring transformative change to the organization. Doug Neal has been appointed Vice President of Continuous Improvement and will lead the efforts to reboot the organization's dedication to operational excellence.
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2024-08-07 3:37 min Management
Report

Piovan: The BOD approves the consolidated half-year financial report

Total consolidated revenue and other income of € 287.5 million; Consolidated Adjusted Net Profit of € 22.9 million; Consolidated Adjusted EBITDA of € 38.8 million; Consolidated Operating Profit (EBIT) of € 33.3 million Negative Net Financial Position, steadily improving, ...
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2024-08-06 1:56 min Management
Acquisition

A new start for ILLIG: business will continue with a new company name

Ownership was transferred on August 1st after the contract was signed (Closing on 31.07.2024) The new ILLIG packaging solutions GmbH continues the business with thermoforming and packaging systems and services
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2024-08-02 1:17 min Management
Appointment

Andreas Montag named new Director Business Development Medical at Sumitomo (SHI) Demag

Effective 1 July 2024, Andreas Montag joined Sumitomo (SHI) Demag Plastics Machinery GmbH as the company’s new Director of Business Development Medical. He replaces Anatol Sattel, who moves into a new function as Group CSO, effective 1 September 2024. Andreas Montag is an ...
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2024-07-31 1:41 min Management
Management

Sumitomo (SHI) Demag Plastics Machinery confirms new leadership chapter

Sumitomo (SHI) Demag, Schwaig, has announced the next phase of the company’s succession plan following the retirement of incumbent CEO Gerd Liebig, who has led the Group for nine years. Effective 1 September 2024, Christian Maget assumes the role of CEO. Drawing upon his deep ...
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2024-07-30 1:26 min Management
Acuisition

Silgan announces agreement to acquire Weener Packaging

Silgan Holdings Inc., a supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, announced that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing ...
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2024-07-26 2:70 min Management
Acquisition

ProMach announces acquisition of Italy-based MBF

ProMach acquires MBF, a global producer of bottle-filling and closing machines, and a well-known and respected partner for wine and distilled spirits producers around the world. The addition of MBF further expands ProMach's bottle-filling and closing capabilities and represents ...
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2024-07-23 5:44 min Management
Acquistion

Investindustrial agrees to acquire Piovan

Automation Systems SpA (the “Purchaser”), a company whose share capital is indirectly owned by Investindustrial VIII SCSp fund, has entered into a sale and purchase agreement with Pentafin SpA (“Pentafin”) for the acquisition of 58.35% of the share capital of Piovan SpA (“Piovan” or ...
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2024-07-23 1:53 min Management, Thermoforming machines for packaging
Acquisition

ILLIG to be acquired by a German financial investor

The global business with thermoforming systems, packaging systems and services will continue The purchase contract was signed on 17 July 2024 (Signing) and the transfer of ownership is expected to take place at the beginning of August 2024 (Closing)
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2024-07-19 1:53 min Management
Management

Novolex appoints Ted Jackson, President Of Performance Solutions

Novolex® announced that Theodore (Ted) Jackson has been appointed President of the company’s Performance Solutions segment which includes the Heritage® can liner, Shields® custom flexible film, and specialty laminations businesses. Jackson assumes this role after rising through a ...
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PETnology/tecPET GmbH

Postfach 120 429
93026 Regensburg
Germany

+ 49 (0)941 870 2374
+ 49 (0)941 870 2373
info@petnology.com

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