Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...
Tags: Graphic Packaging, packaging
Master Graphics has invested in Goss Sunday 2000 press system in a bid to enhance its production operations. Goss Sunday 2000 press system has been developed to be used in a range of web offset applications. The system features advanced ...
Tags: Master Graphics, press system
Packaging firm Sonoco has reported an increase of 9.6% in its net sales in this year’s third quarter compared to the same quarter in the last year. The sales have been increased due to higher selling prices, as well as sales added ...
Toyo Printing Inks plans to exhibit its latest innovations in food and non-food packaging solutions during the Eurasia Packaging Fair 2017 in Istanbul, Turkey. The solutions to be demonstrated by the printing ink manufacturer are claimed ...
Tags: Toyo Printing, Packaging
Superior Fruit has entered into an agreement with Eclipse Berry Farms to assume certain agricultural leases to expand its strawberry growing operations in California. Superior has been formed by Bobby Jones and his brother RC Jones, ...
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German spice producer Fuchs Group has acquired UK-based herbs and spices producer Bart Ingredients from private equity firm Langholm Capital for an undisclosed price. Through the acquisition, Fuchs plans to continue its global growth ...
Tags: Bart Ingredients, UK market
Littlejohn & Co has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial ...
Tags: glass recycler, bead
The Ferrero Group has agreed to acquire Illinois-based non-chocolate confectioner Ferrara Candy from private equity firm L Catterton for an undisclosed price to expand its US business. The transaction made by an affiliated company of ...
MPS, a provider of flexo and offset press solutions for label and flexible packaging printers, has launched its innovative ‘talk to me’ real-time connectivity platform at Labelexpo Europe 2017 in Brussels, Belgium. The ...
Tags: flexible packaging, printers
Siegwerk, a provider of printing inks for packaging applications and labels, has expanded its digital ink footprint by opening a new production facility for inkjet inks in France. The firm has expanded its technical center in Annemasse, ...
Tags: Siegwerk, packaging, printing inks
United Caps, a Luxembourg-based high performance cap and closure systems manufacturer, is set to acquire the plastic closures division of Closures4you. The acquired assets include 28mm caps for re-usable glass bottles as well as for ...
Tags: United Caps, Plastic
Swedish automaker Volvo Cars and its parent company Geely Holdings will be investing €640m in their new electric vehicle brand Polestar. The investment will be used to establish a manufacturing facility in Chengdu, China which is ...
Tags: Volvo Cars, Geely, electric vehicle
Private equity firm Genstar Capital has acquired US-based Tekni-Plex from American Securities for an undisclosed sum. Based in Wayne of Pennsylvania, Tekni-Plex produces products, components and materials for healthcare, specialty ...
Tags: Genstar Capital, packaging