1:57 min
Management
Portola Packaging announces $12 million capital expenditure investment in closure business
Portola Packaging, Inc. is announcing a $12 million capital expenditure in its Kingsport, Tenn. and Tolleson, Ariz. facilities. The investment is being made to accommodate growing market demand for its hot-fill and aseptic beverage closures and increased dairy business market ...
0:55 min
Management
CCL Industries signs agreement to acquire Avery Dennison label converting business for $500 million
CCL Industries Inc., a world leader in specialty packaging solutions for the consumer products and healthcare industries, announced today that it has signed a binding agreement to acquire the Office & Consumer Products and Designed & Engineered Solutions businesses of Avery ...
1:22 min
Management
Husky puts customers first with World Tour 2013
Husky Injection Molding Systems today announced the kick-off of the Husky World Tour 2013, a new series of global customer events that will take place throughout the year in the Americas, Europe, the Middle East and Asia Pacific. With multiple local customer events spanning the ...
1:40 min
Management
Krones repositions itself in the fields of material flow technology and intralogistics
Krones, the world’s market leader for beverage filling and packaging technology, has acquired a 26 % stake in Klug GmbH, a German company located in Teunz, Bavaria, which as a system supplier has since 1995 been supplying intralogistical solutions featuring software systems developed ...
1:26 min
Management
KraussMaffei Group bundles strengths for higher impact in the UK and Ireland market
The KraussMaffei Group is bundling its strengths and expertise for a stronger market presence in the UK and the Ireland market. With effect from January 1, 2013 the affiliate of Netstal UK will be moved from Stone (Staffordshire) to Warrington (Cheshire). Under the organisational ...
0:11 min
Management
Onex completes acquisition of KraussMaffei Group
Onex Corporation (“Onex”) (TSX: OCX) today announced that it has completed the acquisition of KraussMaffei Group, a leading manufacturer of plastic and rubber processing equipment, for € 568 million.
Onex Partners III invested $ 353 million, of which Onex’ share is about $ 89 ...