The second day of presentations was set in motion this morning by John Revess of Rexam. The delegation were no doubt interested to hear if he would discuss the potential takeover by Ball, and whilst this was mention briefly in the beginning, the main body of his presentation was devoted to his specialist area of […]
Whilst no formal offer has been made, it has come to light that Ball and Rexam are in talks that may see the US can maker buy out its British competitor. Ball has valued Rexam at 610 pence per share, which is higher than London traded shares yesterday at 541.5. Ball has a deadline of […]
The Office of Fair Trading has referred AkzoNobel’s proposed takeover of Italian based packaging coatings producer Metlac to the Competition Commission. This follows OFT concerns that the merger may remove a competitive supplier from the market.
UK-based Princes has completed the acquisition of Premier Foods’ East Anglian canning operations. The acquisition includes two major UK canning sites at Long Sutton and Wisbech in East Anglia, along with a number of brands including Crosse & Blackwell, Farrow’s and Smedley’s.
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.
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.