0:50 min
Management
Appointment
New Managing Director at ENGEL Machinery India
On 1 August 2022, Stalinjose Selvanayagam, previously the Sales Director with ENGEL Machinery India Pvt. Ltd., has taken up his position as Managing Director of the sales and service subsidiary of Austrian injection moulding machine manufacturer and system solutions provider ENGEL in ...
1:58 min
Management
Acquisition
INVL Baltic Sea Growth Fund-backed PET Baltija completes the acquisition of TESIL Fibres
PET Baltija has completed the acquisition of 100% of shares of a leading Czech fibre producer TESIL Fibres, a spin-off of SILON. This transaction is set to increase PET Baltija's annual turnover by more than 50% and ensure the production of higher value-added products by the company.
1:51 min
Management
New manufacturing line
Coke Canada Bottling to invest $34 million in Lachine manufacturing facility
Coca-Cola Canada Bottling Limited announced the company is making a capital investment of $34 million in its manufacturing facility in Lachine to help meet the growing demand for more local products given the positive momentum it's experiencing in Eastern Canada, ...
2:33 min
Management
Company takeover in Eastern Europe
Greiner Packaging buys Serbian PET flake producer ALWAG
In acquiring a Serbia-based producer of PET flakes, Greiner Packaging is broadening its portfolio of businesses and adding the first recycling company to the group. The purchase of ALWAG, which will be renamed Greiner Recycling d.o.o., sees Greiner expand its business model by ...
1:20 min
Management
Appointment
Kilian Braunsdorf becomes CEO of PACCOR
Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of PACCOR, one of the leading global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with today’s completion of the acquisition of PACCOR by the Faerch Group. ...
