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 ...

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 increased by ...

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 ...

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 ...

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 ...

The report, entitled Advanced Sorting for Circularity finds that for many plastic packaging formats, further optimisation of existing sorting technologies is likely to be sufficient for improved circularity. For the remaining sorting challenges, object recognition could be the most ...

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 ...

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)

SACMI is set to take part in the 31st Congress of the Brazilian Mineral Water ...

Thanks to continuous investments within the production plants, Acqua Santa Vittoria ...