1:58 min
Management
Acquisition
INVL Baltic Sea Growth Fund-backed PET Baltija completes the acquisition of TESIL Fibres
PET Baltija has completed the acquisition of 100% of shares of a leading Czech fibre producer TESIL Fibres, a spin-off of SILON. This transaction is set to increase PET Baltija's annual turnover by more than 50% and ensure the production of higher value-added products by the company.
1:51 min
Management
New manufacturing line
Coke Canada Bottling to invest $34 million in Lachine manufacturing facility
Coca-Cola Canada Bottling Limited announced the company is making a capital investment of $34 million in its manufacturing facility in Lachine to help meet the growing demand for more local products given the positive momentum it's experiencing in Eastern Canada, ...
2:33 min
Management
Company takeover in Eastern Europe
Greiner Packaging buys Serbian PET flake producer ALWAG
In acquiring a Serbia-based producer of PET flakes, Greiner Packaging is broadening its portfolio of businesses and adding the first recycling company to the group. The purchase of ALWAG, which will be renamed Greiner Recycling d.o.o., sees Greiner expand its business model by ...
1:20 min
Management
Appointment
Kilian Braunsdorf becomes CEO of PACCOR
Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of PACCOR, one of the leading global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with today’s completion of the acquisition of PACCOR by the Faerch Group. ...
1:20 min
Management
Alliance
Selenis makes a strategic alliance with Entec Ravago Group to distribute its line of products
Selenis, a subsidiary of the IMG Group, is a Portuguese company present in the polymer industry since 1959 and a pioneer in PET extrusion. The company has joined a strategic alliance with Entec Polymers (a Ravago Group company) to distribute its line of products in the ...