1:14 min Management
Acquisition

DUBAG Group has acquired Ampack GmbH and Osgood Industries from CVC-backed Syntegon

DUBAG Group is proud to announce the closing of its first transaction within their exclusively managed LEO III fund shortly following the start of the investment phase.
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.
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, ...
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
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 ...
1:70 min CSD, Caps & Closures
Launch

SIPA launches ultralight, high-performance GME 30.40 LW neck finish

SIPA has unveiled a groundbreaking innovation in carbonated soft drink (CSD) – the ...
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 ...
3:55 min Facts & Figures
Report

Krones reports very good first half-year 2024 – significant increase in revenue and profitability

Demand for Krones’ products and services remains robust. From April to June 2024, order intake increased by 2.9% to €1,310.2 million, exceeding the already high level of the previous year (€1,272.8 million). The contract value of orders in the first six months of 2024 ...
1:52 min Facts & Figures, Sustainability & Circular Economy
Report

RaboResearch: Demand for recycled plastic set to grow in US and EU markets

Recycling and the use of recycled content have become key aspects of sustainability in plastic packaging in the US and the European Union. According to a recent RaboResearch report, the demand for recycled polymers has grown in both regions and is expected to continue to rise in the ...
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 ...