During the 67th Anternational Motor Show, as known as InternationaleAutomobil-Ausstellung (IAA), the world's largest motor show taking place in Frankfurt, Germany, annually, several heavy-weight exhibitors expressed growing worries that ...
Tags: Car Manufacturers, EV
NXT Capital has provided a senior secured credit facility to support Oliver Printing & Packaging’s acquisition of Pohlig Packaging. Oliver Printing & Packaging is a portfolio company of Pfingsten. NXT Capital acted as the Sole ...
Tags: NXT Capital, Pohlig Packaging
For fiscal first-quarter 2018 (ended 1 July 2017), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $639.9m, down slightly on ...
Tags: Qorvo, IDP product
French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
SunOpta has agreed to divest equipment used in the production of flexible, re-sealable pouches from its Allentown, PA facility to Skjodt-Barrett for $2m. The asset sale is in conjunction with the Company’s decision to discontinue ...
Tags: SunOpta, Pouch Products
French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
Flexible packaging products manufacturer Bemis is planning to close two manufacturing facilities and separately cut about 300 jobs as part of its measures to reduce cost structure. The company unveiled its restructuring and cost savings ...
Tags: Flexible packaging, packaging
Food processing and packaging solutions provider tna will showcase its expansive range of high-performance solutions at this year’s ProPak Asia event. Visitors to booth BG19 will be able to experience of the company’s flagship ...
Tags: packaging, Food processing
Germany-based Heidelberger Druckmaschinen has acquired Fujifilm’s coatings and pressroom chemicals operations in the EMEA region. The acquisition allows the German firm to expand in the segment related to consumables. The ...
Tags: Fujifilm's Coatings, Chemicals
Baron Chocolatier has signed a long term strategic agreement with JOH for the sale of its complete Baron portfolio. JOH will have exclusive broker representation for the entire Baron line of premium products. Their geographical coverage ...
McGowans Print will install a new single-pass LED inkjet corrugated board press from Electronics For Imaging (EFII) in its Dublin facility in Ireland. Dubbed EFI Nozomi C18000, the press is only the second in the EFI Nozomi range to be ...
Tags: McGowans, Inkjet Press
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
LED packaging service provider Unity Opto Technology is decreasing production for light bulbs and increasing that for more profitable lamps, with the proportion of lighting revenues for the former to slip to 20% and the latter to rise to ...
Tags: LED packaging, LED lamp
US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car