0:58 min
Management
Appointment
Doug Neal to lead Barry-Wehmiller continuous improvement initiatives
Barry-Wehmiller is excited to announce a new role that will bring transformative change to the organization. Doug Neal has been appointed Vice President of Continuous Improvement and will lead the efforts to reboot the organization's dedication to operational excellence.
3:37 min
Management
Report
Piovan: The BOD approves the consolidated half-year financial report
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, ...
1:56 min
Management
Acquisition
A new start for ILLIG: business will continue with a new company name
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
1:17 min
Management
Appointment
Andreas Montag named new Director Business Development Medical at Sumitomo (SHI) Demag
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 ...
1:41 min
Management
Management
Sumitomo (SHI) Demag Plastics Machinery confirms new leadership chapter
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 ...
1:26 min
Management
Acuisition
Silgan announces agreement to acquire Weener Packaging
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 ...
2:70 min
Management
Acquisition
ProMach announces acquisition of Italy-based MBF
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 ...
5:44 min
Management
Acquistion
Investindustrial agrees to acquire Piovan
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 ...