1:16 min Markets and Management, Management
Fusion

Merger of MADAG Printing Systems AG with PackSys Global AG: Combining strengths

MADAG AG was founded in 1965 for the manufacture of knitting, hot stamping and pad printing machines. MADAG AG has been known under the name MADAG Printing Systems AG since 2003 and has created a legacy as the leading global supplier of automatic hot stamping machines. MADAG ...
2:21 min Markets and Management, Facts & Figures
Report

Krones generates high order intake in first half of 2021 and improves profitability

Krones, the leading manufacturer of filling and packaging technology, published its report for the first half of 2021. Following a successful start to the 2021 financial year, business continued to develop dynamically between April and June. Overall, Krones’ markets have so far ...
1:38 min Markets and Management, Management
Tender Offer

San Miguel Industrias PET S.A. announces early tender results of its Tender Offer and Consent Solicitation for any and all of its 4.500% senior guaranteed notes due 2022

San Miguel Industrias PET S.A. announced that $204,610,000 aggregate principal amount, or approximately 68.20% (the "Tendered Notes"), of its outstanding 4.500% Senior Guaranteed Notes Due 2022 were validly tendered and not withdrawn by 5:00 p.m., New York ...
1:20 min Markets and Management, Management
Management

Graham Packaging names Robert Pyle as President & CEO

Graham Packaging announced the appointment of Robert Pyle as its new president and chief executive officer. In this role, Pyle assumes day-to-day leadership of Graham, guiding the company in its ongoing mission of profitable growth and creating sustainable packaging solutions. Pyle ...
2:00 min Markets and Management, Facts & Figures
PETnology Series: "Month in Charts" - a Service by SBAcci

USMCA PET Resin SUPPLY vs DEMAND

The current edition of the PETnology series "Month in Charts" - a service from ...
1:10 min Markets and Management, Management
Appointment

Pregis names David Timm president of its blown film operations

Timm will be responsible for delivering operational excellence and growth of Pregis’ blown film and converting operations in the new Anderson, South Carolina facility, as well as the Grand Rapids, Michigan location. The company recently announced a $80 million investment in the new ...
0:56 min Markets and Management, Management
Investment

Pregis invests $80 million in new film extrusion facility in South Carolina

Pregis, a leading global manufacturer of protective packaging, is announcing a $80 million investment in a new, state-of-the-art blown film extrusion facility in Anderson, South Carolina.
0:51 min Markets and Management, Management
Acquisition

ALPLA acquires South African packaging manufacturer

The global manufacturer of plastic packaging and recycling specialist, the ALPLA Group, has acquired the manufacturer Verigreen Packaging based in Durban. The company specialises in bottles and canisters for lubricants such as engine oils.
2:50 min Markets and Management, Management
Acquisition

Avery Dennison to acquire Vestcom

Avery Dennison announced that it has signed an agreement to acquire Vestcom, a privately held market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies, for $1.45 billion in a cash transaction, subject ...
0:46 min Markets and Management, Management
Appointment

Coperion reorganizes management

Ulrich Bartel has assumed leadership of the Coperion Group as President of Coperion. He succeeds Kimberly K. Ryan, who was appointed Executive Vice President of Hillenbrand, Inc., Coperion’s parent company, on June 2. She and her team have positioned Coperion as a global industry ...