1:28 min Markets and Management, Management
Recycling capacity

PolyQuest to expand South Carolina recycling facility for the eighth time

PolyQuest, Inc., distributor of PET resins and manufacturer of recycled PET resins in North America, announces the expansion of their facility in Darlington, South Carolina.
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1:70 min Markets and Management, Management
Appointment

KraussMaffei appoints Jörg Bremer as new Chief Financial Officer

Bremer will also become a member of the KraussMaffei Group Management Board - KraussMaffei has appointed Jörg Bremer (44) as new Chief Financial Officer (CFO) of the KraussMaffei Group and the Shanghai-listed KraussMaffei Company Limited (KMCL), effective July 1, 2021.
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0:46 min Markets and Management, Management
Acquisition

Pentair completes transaction to acquire assets of Ken’s Beverage, Inc.

Pentair plc, a leading provider of water treatment and sustainable solutions, today announced that it completed the previously announced transaction to acquire the assets of Ken’s Beverage, Inc. (KBI), for approximately $80 million in cash, subject to customary adjustments.
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1:35 min Markets and Management, Management
Acquisition

Biffa accelerates growth strategy through acquisition of Viridor’s Collections business and certain recycling assets

Biffa is pleased to announce the agreement to acquire the Collections business and certain Recycling assets of Viridor Waste Management Limited, for a cash consideration of c.£126m.
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2:31 min Markets and Management, Management
Appointment

Danone appoints Antoine de Saint-Affrique as Chief Executive Officer

Danone announces the appointment of Antoine de Saint-Affrique as Chief Executive Officer, effective September 15, 2021. The decision of tonight’s Board followed a rigorous selection process led by the Governance Committee. Antoine de Saint-Affrique will succeed the joint interim ...
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1:19 min Markets and Management, Management
Appointment

New CEO announced for TOMRA

Norway-headquartered global sustainable technology company TOMRA Systems ASA has said current president and CEO, Stefan Ranstrand, will be replaced by Tove Andersen by November 1 this year at the latest. Tove joins TOMRA from global agricultural products and environmental protection ...
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1:50 min Markets and Management, Management
Launch

SABIC and KraussMaffei's NETSTAL brand officially open thin-wall packaging application center in Switzerland

SABIC, a global leader in the chemical industry, is pleased to announce the launch of its collaboration with KraussMaffei HighPerformance AG at the partner’s Thin-Wall Packaging Application Center in Näfels, Switzerland, the site of KraussMaffei's Swiss subsidiary and manufacturer of ...
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1:70 min Markets and Management, Management
Name change

New identity, same commitment: Name change of PackSys Global (India) Pvt. Ltd.

PackSys Global AG, based in Rüti, Switzerland, announced the name change of its India office. Effective 7th May 2021 PackSys Global (India) Pvt. Ltd., has become Brueckner Group India Private Limited.
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0:39 min Markets and Management, Management
Acquisition

Coveris closes next strategic deal with acquisition of Four04 packaging

Coveris Group continues its strategic expansion and acquires UK based flexible packaging manufacturing and trading business Four 04 Packaging, based in Norwich.
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0:59 min Markets and Management, Management
Acquisition

Berlin Packaging continues its expansion in the United Kingdom with the acquisition of Raepak Limited

Berlin Packaging, the world’s largest hybrid packaging supplier, announced the acquisition of Raepak Limited, a leading supplier of plastic packaging for the cosmetics and personal care end-markets.
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