News

 

Blackstone, Dinamia to buy Spanish can maker Mivisa

US based Blackstone Group is leading a consortium of private equity funds which have agreed to buy Spanish can making company Mivisa. No financial details of the acquisition have been disclosed but Dinamia said that as part of the agreement it will pay up to €9.5 million ($12.58m) for a maximum five per cent stake in Mivisa’s parent Sofamen XXI, Reuters reported.

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Roeslein enters Chinese market

US-based Roeslein & Associates, systems integrator in the two-piece container industry, has officially opened a new engineering and manufacturing facility in China. Roeslein China operations comprises of a brand new, 3,000 square metre facility located 30 minutes from the Shanghai Pudong International Airport.

A Christmas tree in a can from Arnoldi

Arnoldi Europe has come up with the ultimate canned product for the festive season – a Christmas tree in a can. The company have seemingly mastered the art of canning just about anything that will grow in the ground, including herbs, vegetables, flowers and small trees under the brand name MicroGiardini (small garden).

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BWAY announces acquisition of Phoenix Container

BWAY Holding Company, a leading producer of metal containers in North America, has expanded its operations with the acquisition of Phoenix Container. Phoenix Container is a US producer of steel pails based in North Brunswick, New Jersey, where it operates one plant producing a wide range of steel pails used for packaging industrial and consumer products.

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Berlin Packaging buys Continental Packaging Solutions

Berlin Packaging, a leading supplier of plastic, glass, and metal containers and closures, has announced the acquisition of Chicago-based Continental Packaging Solutions. The company says the transaction is designed to expand the resources available to customers for fast and expert service and cost-effective rigid packaging.

More than 300 jobs to go in Novelis closure

More than 300 jobs will be lost after Novelis confirmed its Bridgnorth foil rolling facility would close by the end of April. The aluminium firm first revealed it was considering closing the operation in September when it launched a 90-day consultation with the 319 employees at the UK site.

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