Mondi Group has agreed to acquire 90% stake in Turkish consumer packaging firm, Kalenobel, for €90m. The company will purchase the outstanding share capital in Kalenobel from Argus Capital and M. Olcay Hephiz, one of the company's ...
Tags: Mondi, Turkish Packaging
C&C Group continues to ramp up its international expansion in Asia-Pacific with the announcement of its fourth strategic partnership in the recent months. C&C Group is proud to confirm the signing of a new distribution agreement with ...
Tags: C&C Group, premium food
According to new research released by Euromonitor International, global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade. This translated into a loss of ...
Tags: Alcoholic Drinks, Alcoholic
Constantia Flexibles announed that strong sales growth resulted from all business divisions and was achieved primarily by strong volume increases in all regions. Constantia Flexibles, one of the world's leading flexible packaging and ...
Tags: Constantia Flexibles, Sales, Earnings
Rigid plastics, flexibles, and board, metal and glass packaging will drive industry expansion across the next five years. In global researcher Smithers Pira's report, called The Future of Global Packaging to 2020, it states that the $839 ...
Tags: Smith Pira, Rigid plastics, Packaging Market
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
The worldwide Ethernet switch market (Layer 2/3) exceeded US$6.4 billion in revenues in the fourth quarter of 2015, an increase of 3.2% on year and a healthy increase of 5.1% on quarter. For full-year 2015, the market increased 1.9% over ...
Tags: Ethernet Switch, Router
According to figures published by IDC, in the fourth quarter of 2015 over 14 million tablets were shipped to Western Europe as the market volume declined 10.1% on year. In value terms, however, the decline was only 1.8% on year, thanks to ...
Tags: Tablets, iPad volumes
According to IDC, global spending on 3D printing will grow at a 27% CAGR from nearly US$11 billion in 2015 to US$26.7 billion in 2019. "3D printing has been a mainstay in specialized discrete manufacturing markets like automotive and ...
Tags: 3D Printing, 3D printers
Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
UK-based RPC Group will acquire French closures and dispensing systems manufacturer GCS Group for €650m in a bid to bolster its position in European plastic packaging market. RPC proposes to fund the acquisition by combining ...
Tags: RPC Group, plastic packaging, GCS Group
Annual production of laser-based manufacturing systems made by companies at German locations for the first time exceed the billion euro mark, according to data compiled by the German Engineering Federation (VDMA), Laser and Laser Systems ...
Tags: Laser Systems, solid-state lasers
British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
Platts EU 45 sugar FOB containers assessment for November shipment was assessed at a premium of $36/mt above the December (Z) White Sugar Futures (London 5) contract Friday, unchanged week on week. Last week Platts heard the first ...
Tags: Platts, Sugar Containers, Algerian Tender
French wines and spirits maker The Rémy Cointreau Group has generated €500.7m sales in the first half of the year (April-September), a decline by 5.9% from the same period last year. The fall was steep in the first quarter at ...