Business news
Investing in the future
At Metpack, the news that SLAC are in advanced negotiations to acquire Intercan Group took many within the metal packaging industry by surprise. But what are the implications for the industry? Alex Fordham speaks with Intercan’s owner Peter Strode to find out more.
Solid quarter for Crown, but investors overestimate
Despite a solid result and increase to full-year 2017 EPS guidance, shares of Crown have underperformed the broader packaging sector (CCK -127bps vs. SP500 -2bps).
Henkel’s PSA Academy offers specialist training courses
Henkel Adhesive Technologies has collaborated with the German Chamber of Commerce and Industry (CCI) to introduce the training courses of its newly established PSA Academy.
AkzoNobel strengthens global position with double acquisition
AkzoNobel has announced its acquisition of UK-based Flexcrete Technologies Ltd and an agreement to acquire French manufacturer Disa Technology (Disatech).
Sherwin-Willams acquires paint and coatings corporation Valspar
The Sherwin‐Williams Company has announced it has completed its acquisition of The Valspar Corporation.
PPG withdraws from proposed takeover
US group PPG Industries has withdrawn its proposal to takeover Dutch paints and coatings company, AkzoNobel.
Fighting the real enemy
We’ve just returned from Chicago and the annual International Metal Decorator’s Association’s (IMDA) annual conference.
It’s where it all happens
Wolfgang Niemsch, chairman of the Metpack committee, welcomed in the 2017 edition of the show with a positive message of prosperity within the metal packaging sector.
SLAC acquires Intercan Group
SLAC has announced today (4 May) that it is in advanced discussions concerning the acquisition of Intercan Group.
Apeal welcomes industry merger for a stronger Metal Packaging Europe
The Association of European Producers of Steel for Packaging (Apeal) has welcomed the launch of Metal Packaging Europe as an overarching European association that brings together manufacturers, suppliers, and national associations, to promote the benefits of rigid metal packaging.
AVT enters merger agreement with Pelican Merger Holdings Israel
Advanced Vision Technology (AVT) has announced that it has entered into a merger agreement with Pelican Merger Holdings Israel, in accordance to which it will be acquired by Danaher Corporation’s Product Identification Platform.
Steely resolve
Aside from the merger of Ball and Rexam last year, the most significant news story of the past 12 months has been the on-going saga with Tata Steel in the UK.
A true all-rounder
The dynamics of the can making industry have changed significantly over the past few months with the recent Ball acquisition of Rexam. In an industry exclusive, Evert van de Weg speaks with the recipients of Ball’s divested part of its business, Ardagh Group.
AkzoNobel completes acquisition of BASF’s industrial coatings business
AkzoNobel has finalised the acquisition of BASF’s global Industrial Coatings business, which supplies a range of products for industries including construction, domestic appliances, wind energy and commercial transport.