Crown Holdings has released its financial results for the fourth quarter and year ended 31 December 2017. Net sales in the fourth quarter increased to $2,168 million compared to $1,923 million in the fourth quarter of 2016, reflecting ...
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Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...
US-based rigid packaging supplier Silgan has completed the acquisition of WestRock Company’s specialty closures and dispensing systems business for $1.025bn. The business is engaged in supplying triggers, pumps, sprayers and ...
CCL Industries, a world leader in specialty label and packaging solutions for global corporations, government institutions, small businesses and consumers, reported record fourth quarter and annual financial results for 2016. Sales for ...
Tags: CCL Industries, specialty label, packaging
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Stone Canyon Industries has sold SCI Ingredients and its wholly owned operating subsidiary, Fleischmann's Vinegar Company to Green Plains for $250m. Fleishmann’s Vinegar is being regarded as one of the largest producer of food-grade ...
US snacks firm Amplify Snack Brands has completed the acquisition of UK-based potato crisps producer Tyrrells from private equity firm Investcorp. The completion resulted in Tyrrells becoming a wholly-owned subsidiary of Amplify. For ...
Tags: Amplify Snack Brands, acquisition, Tyrrells
Coveris reported second quarter 2016 net sales of $665m. Net sales for the second quarter of 2015 were $651 million. Adjusted EBITDA for the second quarter was $92 million, compared to $86 million in the second quarter of 2015. ...
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Coveris Holdings, a portfolio company of funds advised by Sun Capital Partners, announced that it has received the necessary consents to certain proposed amendments to Coveris’ existing senior secured term loan facility, which will ...
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Cascades, a leader in the recovery and manufacturing of green packaging and tissue paper products, announces that the Greenpac Mill located in Niagara Falls, NY, a company created in partnership with the Caisse de dépt et de ...
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Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
Specialty foundry TowerJazz (which has fabrication plants at Tower Semiconductor Ltd in Migdal Haemek, Israel, and at its subsidiaries Jazz Semiconductor Inc in Newport Beach, CA, USA and TowerJazz Japan Ltd) has signed a definitive ...
Tags: TowerJazz Panasonic, CMOS, Semiconductor
Reuters recently broke Go Scale Capital’s US $1.93 billion loan to acquire Lumileds and former Philips automotive lighting business. The loan will mostly be used to merge with the $2.8 billion financing to acquire 80% of Lumileds ...
Tags: Philips, automotive lighting