Multivac’s Joachim Boekstegers to step down, new co-CEOs to take over

GERMANY – Packaging solutions provider, Multivac Group has announced that company CEO Hans-Joachim Boekstegers will be stepping down from the company effective 1 January 2020. He will be replaced by his director colleagues, Christian Traumann […]

Ardagh Group adds copper colored range to aluminium cans

IRELAND – Irish metal and glass products producer, Ardagh Group has added copper colour to its range of coloured tabs and shells for cans. The eye-catching copper tone brings a beautiful finish to the can, […]

Sidel acquires French maker and designer of PET moulds COMEP

FRANCE – Sidel, leading global provider of PET solutions for liquid packaging has announced the acquisition of Cognac Moules Emballages Plastiques (COMEP), a French producer and designer of moulds for PET. The deal expands the […]

UK vending business Mother secures US$3.7m funding

UK – Vending machines supplier, Mother has raised US$3.7 million (£3 million) in funding from a Swiss investment firm, Montreux Capital Management. With the capital, the company is targeting to expand its operation across the […]

Agricultural trader ETG secures US$128m funding to boost operations

KENYA – The Export Trading Group (ETG), a Kenya-based agricultural commodities trader, is set to receive US$128 million (Sh12.8 bn) funding from financial institutions to enable the firm finance its operations. Lead by the United […]

Tetra Pak launches paper straws for beverage products in Europe

EUROPE – Tetra Pak has unveiled its paper straws for beverage products in Europe as part of the sustainable innovation alternatives to plastic waste and its impact on the environment. The paper straws will be […]

Ardagh to merge food tin business with Exal in a deal worth US$2.5b

IRELAND – Packaging producer, Ardagh Group has agreed to combine its Food & Specialty Metal Packaging business with aluminium container manufacturer, Exal Corporation in a deal worth US$2.5 billion. The merger is expected to create […]

Bosch to sell Packaging Technology business to CVC Capital

GERMANY – Robert Bosch GmbH, the multinational engineering and technology company plans to sell its Waiblingen-based packaging machinery business to a newly incorporated entity managed by CVC Capital Partners (CVC). Bosch and CVC have signed […]

SIG Group develops aseptic cartons with ASI-certified aluminium foil

SWITZERLAND – Aseptic packaging solutions provider, SIG Combibloc Group has developed aseptic cartons with ASI-certified aluminium foil to meet consumer demand for sustainable packaging. The new cartons were developed in partnership with B-Better®, a start-up […]

Multivac acquires bakery equipment manufacturer Fritsch Group

GERMANY – Food processing and packaging solutions provider, Multivac has acquired Fritsch Group, a German based manufacturer of bakery equipment and machines. The deal expands Multivac’s range of solutions in the bakery industry including high-performance […]