Total consolidated revenue and other income of € 287.5 million; Consolidated Adjusted Net Profit of € 22.9 million; Consolidated Adjusted EBITDA of € 38.8 million; Consolidated Operating Profit (EBIT) of € 33.3 million Negative Net Financial Position, steadily improving, ...

Ownership was transferred on August 1st after the contract was signed (Closing on 31.07.2024) The new ILLIG packaging solutions GmbH continues the business with thermoforming and packaging systems and services

Effective 1 July 2024, Andreas Montag joined Sumitomo (SHI) Demag Plastics Machinery GmbH as the company’s new Director of Business Development Medical. He replaces Anatol Sattel, who moves into a new function as Group CSO, effective 1 September 2024. Andreas Montag is an ...

Sumitomo (SHI) Demag, Schwaig, has announced the next phase of the company’s succession plan following the retirement of incumbent CEO Gerd Liebig, who has led the Group for nine years. Effective 1 September 2024, Christian Maget assumes the role of CEO. Drawing upon his deep ...

Silgan Holdings Inc., a supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, announced that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing ...

ProMach acquires MBF, a global producer of bottle-filling and closing machines, and a well-known and respected partner for wine and distilled spirits producers around the world. The addition of MBF further expands ProMach's bottle-filling and closing capabilities and represents ...

Automation Systems SpA (the “Purchaser”), a company whose share capital is indirectly owned by Investindustrial VIII SCSp fund, has entered into a sale and purchase agreement with Pentafin SpA (“Pentafin”) for the acquisition of 58.35% of the share capital of Piovan SpA (“Piovan” or ...

The global business with thermoforming systems, packaging systems and services will continue The purchase contract was signed on 17 July 2024 (Signing) and the transfer of ownership is expected to take place at the beginning of August 2024 (Closing)

Novolex® announced that Theodore (Ted) Jackson has been appointed President of the company’s Performance Solutions segment which includes the Heritage® can liner, Shields® custom flexible film, and specialty laminations businesses. Jackson assumes this role after rising ...

The U.S. Plastics Pact is excited to announce the appointment of Jonathan Quinn as the new Chief Executive Officer (CEO), effective immediately. This strategic leadership transition marks a pivotal moment for the U.S. Plastics Pact as it continues its mission to transform the way ...