1:23 min Management

DAK Americas to acquire Wellman’s U.S. PET business

DAK Americas LLC (DAK) announced that they have agreed to acquire the PET business of Wellman, Inc. (“Wellman”). Total value of the acquisition is approximately U.S. $ 185 million including a cash payment and the assumption of certain liabilities. The transaction is expected to close ...
1:59 min Management

Krones AG plans changes in its Supervisory and Executive Boards

At the AGM in Neutraubling on 15 June 2011, the agenda for the shareholders of Krones AG will include a vote on a revamped Supervisory Board. Standing for re-election are the present Supervisory Board Chairman Ernst Baumann (62), a former director of BMW AG, Norman Kronseder (48), ...
2:20 min Management

Graham Packaging Company receives proposal that would constitute superior proposal for its acquisition by Reynolds Holdings Group Limited

Graham Packaging Company Inc. (NYSE: GRM) announced today that it has received a proposal for its acquisition by Reynolds Group Holdings Limited at a price of $25 per share in cash. Reynolds intends to fully finance the payment of the purchase price through fully negotiated financing ...
6:10 min Management

Silgan advised that Graham Packaging Company receives unsolicited acquisition proposal

Silgan Holdings Inc. (Nasdaq: SLGN) announced today that Graham Packaging Company Inc. (NYSE: GRM) has informed Silgan that it has received an unsolicited proposal from a private non-investment grade company to acquire all of the shares of Graham Packaging for $25 per share in cash. ...
1:30 min Management

Graham Packaging Company receives unsolicited acquisition proposal

Graham Packaging Company Inc. (NYSE: GRM) announced today that it has received an unsolicited proposal from a third party to acquire all of the shares of Graham Packaging for $25 per share in cash. The board of directors of Graham Packaging, upon the recommendation of its special ...
1:10 min Markets and Management, Management, Regions, …

Amcor Rigid Plastics President retires

Bill Long, President of Amcor Rigid Plastics has announced his decision to retire from Amcor. Mike Schmitt has been appointed the new President of Amcor Rigid Plastics, effective 1 July 2011.Mike Schmitt joined Amcor through the Alcan Packaging acquisition where he was President of ...
5:31 min Management

One-stop line conversion service enhances bottlers’ market responsiveness

Whether it’s lightweighting bottles or launching a new product before the high ...
1:44 min Management

Amcor sets new environmental targets

Using FY 2010/11 as the baseline year, Amcor's new environmental targets are: 10% reduction in greenhouse gas emissions intensity by FY 2015/16 50% reduction in waste to landfill intensity by FY 2015/16. 25% reduction in potable water use intensity at Amcor's Australian ...
2:20 min Facts & Figures

Constar International Inc. completes its financial restructuring and emerges rrom chapter 11 as Constar International LLC

Constar emerges with strengthened balance sheet, new funding, now privately held Pre-Chapter 11 secured note holders now own majority of Constar Customer, supplier, and employee support was essential to successful reorganization Constar International LLC, a leading ...
4:51 min Management

65 Years of ILLIG – a Global Thermoforming Pioneer and Technology Driver

This year, May 27 marks the 65th company anniversary of ILLIG, the Heilbronn-based ...