Category

2011-06-17 4:14 min Management

Graham Packaging Company to be acquired by Reynolds Group Holdings Limited

Graham Packaging Company Inc. (NYSE: GRM) today announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of ...

2011-06-16 1:26 min Facts & Figures

Record orders again for EREMA thanks to existing and many new customers

EREMA, the Austrian manufacturer of plastic recycling systems, ended its 2010/2011 fiscal year on 31 March this year once again with record figures: consolidated sales achieved by the EREMA Group – comprising EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Ansfelden ...

2011-06-16 1:59 min Additives

PolyOne Distribution announces global expansion into Asia

PolyOne Corporation (NYSE: POL) today announced that it will open a new polymer distribution warehouse and sales facility on July 1 in Shanghai, China. This marks the first entry point for PolyOne Distribution into Asia.“PolyOne Distribution is the market leader in less than ...

2011-06-16 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 ...

2011-06-15 2:70 min Two step blow moulding systems

APPE increases output and flexibility with new technology from Krones

APPE, the packaging division of LSB, is set to increase output and enhance its ...

2011-06-14 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), ...

2011-06-14 0:16 min PET processing

Expansion of PET capacity in Europe to be at Poland

2011-06-14 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 ...

2011-06-13 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. ...

2011-06-13 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 ...