1:26 min
Management
Partnership
Biesterfeld and Celanese: Expansion of the joint portfolio in 2025
International distributor Biesterfeld and the manufacturer of engineering plastics Celanese are once again expanding their strategic partnership. Many more product families will be added to the extensive joint portfolio in January 2025.
1:10 min
Management
Appointment
Andrea Grandi is the new General Manager of the SACMI Group
He succeeds Mauro Fenzi, whose tenure ended on 31st December 2024. A 49-year-old electronics engineer, Mr. Grandi has been with SACMI almost 25 years. During that time he has displayed outstanding technical and managerial skills, most notably in mechatronics and industrial automation.
1:70 min
Management
Agreement
Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.
Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
1:70 min
Management
Agreement
Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.
Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
1:33 min
Management
Transfer
Planned transaction: KraussMaffei Group to receive equity from Sinochem
Sinochem takes the next step in its planned debt-to-equity conversion. CNCE Lux, the parent company of the KraussMaffei Group, is to be transferred to CNCE Group (Hong Kong) Co., Limited, which is a company of Sinochem and will hold 90,76 percent of the shares. As a result, the ...