1:22 min
Management
Husky names Dave Whiffen Vice President, Hot Runners
Husky Injection Molding Systems today announced the appointment of Dave Whiffen to the position of Vice President, Hot Runners. In this role, Mr. Whiffen will serve as a member of Husky’s executive team. Hot runners and controllers are a critical part of any integrated injection ...
2:38 min
Management
Jan Olaf Siebert new Chief Executive Officer (CEO) of KraussMaffei AG
The Supervisory Board of KraussMaffei AG, a worldwide leading manufacturer of plastic and rubber machinery and systems, appointed Jan Siebert as Chief Executive Officer (CEO) effective from January 1, 2012. He will succeed Dr. Dietmar Straub, who is managing the ...
2:13 min
Management
Business merger announcement: Phillips Plastics Corporation to acquire 100% of the shares of Medisize Corporation
Medisize Corporation has announced today the decision of Phillips Plastics Corporation to acquire Medisize Corporation. Phillips Plastics Corporation is a global leader in design, engineering and manufacturing for the medical, consumer, defense and automotive industries. The ...
1:17 min
Management
Rexam agrees to sell Closures for $360m
Rexam PLC, the global consumer packaging company, announces that it has agreed to sell its beverage and speciality closures business (“Closures”) to Berry Plastics for $360m in cash, subject to certain asset adjustments. Completion is expected in Q3 2011 and is conditional on ...
4:14 min
Management
Graham Packaging Company to be acquired by Reynolds Group Holdings Limited
Graham Packaging Company Inc. (NYSE: GRM) today announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of ...
1:23 min
Management
DAK Americas to acquire Wellman’s U.S. PET business
DAK Americas LLC (DAK) announced that they have agreed to acquire the PET business of Wellman, Inc. (“Wellman”). Total value of the acquisition is approximately U.S. $ 185 million including a cash payment and the assumption of certain liabilities. The transaction is expected to close ...
1:59 min
Management
Krones AG plans changes in its Supervisory and Executive Boards
At the AGM in Neutraubling on 15 June 2011, the agenda for the shareholders of Krones AG will include a vote on a revamped Supervisory Board. Standing for re-election are the present Supervisory Board Chairman Ernst Baumann (62), a former director of BMW AG, Norman Kronseder (48), ...