UPM has signed an agreement to sell its Schwedt newsprint mill site and relevant assets to LEIPA Georg Leinfelder GmbH for the aim of a conversion into liner production. The entire personnel of Schwedt mill will transfer to LEIPA as old employees. The transaction price is EUR 70 million. The transaction is subject to customary third party approvals.
Mimaki Europe B.V. represented by Managing Director Mimaki Europe, Mr.Koji Shimizu, is proud to announce the opening of the Mimaki Eurasia sales subsidiary. Mimaki Europe B.V. has received an official approval from the Istanbul local authority to establish a sales company in Istanbul, Turkey, and it has started its business operation as of 14th of April.
- Asset sale agreement reflects $3.42 billion enterprise value
- Addresses certain regulatory requirements for the company's acquisition of Rexam
- Ball reaffirms annual net synergies in excess of $300 million
- Proposed offer for Rexam expected to close by end of June 2016
The purchase price of US$435 million represents 8.5 times PBITDA. Alusa – which includes Alusa (Chile), Peruplast (Peru), Aluflex (Argentina) and Flexa (Colombia) – is owned by Techpack S.A. and Nexus Private Equity.
The annual report 2015 of ÅR Packaging Group AB has been published today on the company's website
The Plockmatic Group, owners of UK digital finishing specialists Morgana Systems, has announced that it has completed the purchase of KGS srl.
Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced its results for the first quarter of 2016.
Taylor Corporation, a Minnesota based company and one of the largest privately held companies in the United States, announced today that it has entered into an agreement to acquire the assets of Staples Print Solutions, a division of Staples, Inc. The assets will be acquired by Taylor Communications, Inc., a subsidiary of Taylor Corporation. The parties expect to complete the transaction within the coming months.
In keeping with the ever-changing landscape that is printing, Chicago's leading digital printer of large environmental graphics, photo-prints, window film and wallpaper, Dr. Graphx has acquired one of the most established pad printers in the country. Langer Printing has been printing on three-dimensional products and surfaces for over thirty years!
Sappi Limited announced today the closing of the offering of €350 million 4% senior secured notes due 2023 by its subsidiary Sappi Papier Holding GmbH ("SPH"). The net proceeds from this offering will be used to redeem all of SPH's outstanding US$350 million senior secured notes due 2021 (the "2021 Notes").
A EUR 100 million loan from the European Investment Bank (EIB) is to support the research and development (R&D) activities of Heidelberger Druckmaschinen AG (Heidelberg), focusing on digitisation, software integration and expansion of the digital printing portfolio. To help finance the R&D program, which will span several years, the EIB is providing the company with a development loan that can be drawn down in tranches, each with a seven-year term. This is the first time a large German company has benefited from the European Fund for Strategic Investments (EFSI) – the centrepiece of the Investment Plan for Europe.
Bobst Group SA, Mex/Switzerland, and WIFAG-Polytype Group, Bern/Switzerland, have entered into exclusive negotiations regarding a potential acquisition of WIFAG-Polytype’s coating technology business, as part of the BOBST strategy to successfully drive and continuously expand its existing product portfolio. With this acquisition, BOBST intends to leverage the strengths of both companies and to continue growing its coating technology business internationally.
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