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Marchesini expands pharma focus with acquisition of PRB arm

maurizio marchesini mn

Packaging equipment business Marchesini Group is to strengthen its focus on the pharmaceuticals and cosmetics markets with the acquisition of part of PRB.

DS Smith’s shareholders approve SCA Packaging buy

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DS Smith’s shareholders have approved the proposed acquisition of SCA Packaging in a general meeting held this morning (3 February).

Crown installs new kit in China, as profit falls

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Metal packaging firm Crown Holdings has announced that it is building three new beverage can plants in China, despite a slump in 2011 net profits.

Moody’s: O-I and Ardagh should profit more in downturn than smaller rivals

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Packaging giants such as O-I and Ardagh Glass should “fare better” in the current challenging economic environment than smaller rivals, according to ratings agency Moody’s.

Valpak members approve MBO

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Valpak’s members have voted ‘overwhelmingly in favour’ of a proposed management-led buyout.

Client Newswrap: Iceland set for bids and P&G cuts profit forecast

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Welcome to this week’s Client Newswrap, bringing you the latest from the world of retailers and brands.

Coffee capsules aid RPC to boost profit

Ron-Marsh

Rigid plastic packaging firm RPC has revealed that pharmaceutical devices and coffee capsules have helped it to increase its adjusted profit before tax for the quarter ended 31 December.

Bemis sales grow 10% as M&A and restructuring pay dividends

US packaging giant Bemis has reported a 10% increase in sales in 2011 as acquisitions help offset rising raw material costs and falling volumes.

Kodak restructure plan names packaging as growth sector

UPDATED – Kodak has named packaging among its growth businesses in a pitch to secure investment to ensure it can continue operating in the short term.

Baking case maker Chevler buys Lovely Packaging

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EXCLUSIVE – South Wales-based manufacturer of baking cases Chevler has bought greaseproof paper printer Lovely Packaging for an undisclosed sum.

Employment perspectives with Dani Novick: Top tips for writing the perfect CV

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It’s job hunting season – and Dani Novick has 1,000 CVs to read. Here she shares her pet hates and top tips on how to stand out from the crowd.

Packaging Corporation of America Q4 profit declines

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Packaging Corporation of America said that its profit for the fourth quarter dropped from last year, due to increased costs and lower export prices that offset revenue growth.

Client newswrap: Asda creates jobs and Associated reports slowdown

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Welcome to this week’s Client Newswrap, bringing you the latest from the world of retailers and brands.

Ardagh looks to raise $410m to fund two more buy-outs

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Acquisitive Ardagh Group has revealed it is in advanced talks over two more buy-outs as it looks to raise $410m in a new bond issue.

Plastics recycler Arvensis secures £150k funds to battle rising costs

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Plastic packaging recycler Arvensis has secured £150,000 in funds from Finance Yorkshire to cover working capital following the last year’s huge rise in plastics costs.

   

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