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 […]

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 […]

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 […]

Industry giants launch plastics credit scheme to tackle pollution

SPAIN – Global food and beverage industry players including Tetra Pak, Nestlé, and Danone have founded The 3R Initiative aimed at accelerating ways of reducing plastic waste and pollution. Under the initiative, the companies will […]

Buhler launches single-screw extruder for pet and aquafeed industry

GERMANY – Buhler has launched its multifunctional single-screw extruder, PolyOne, for the pet food and aqua feed industry during the VICTAM International 2019 trade fair, reports World Grain. “PolyOne enables our customers to maximize their […]

Tetra Pak partners FOSS to launch advanced standardization unit

SWITZERLAND – Tetra Pak has joined forces with FOSS A/S, a global provider of high-tech analytical solutions to launch an advanced version of the Tetra Pak® Standardization unit. The new unit ensures consistent product quality, […]

JBT completes Proseal and poultry turnkey solutions firm acquisition

USA – JBT Corporation, global technology solutions provider to high-value segments of the food & beverage industry has announced that it has completed two acquisitions, including Proseal UK Limited. The company said it has also […]

Packaging firm BillerudKorsnäs partners Alpla for sustainable paper bottle

SWEDEN – Swedish packaging materials provider BillerudKorsnäs has joined forces with Alpla, an Austrian plastics manufacturer in a joint venture to develop a sustainable paper bottle. The joint venture will be formed in the Danish […]