US bakery and international consumer goods manufacturer Sara Lee
has announced the sale of its European branded apparel business as
part of the company's bid to redefine its over-stretched product
portfolio and turn around its...
Another packaging company, another set of disappointing financial
results. This time it's consumer packaging specialist Huhtamaki,
which has reported earnings before interest, tax and amortisation
(EBITA) of €34 million in the...
Finnish packaging giant Metso has reached an agreement of the sale
of its Converting group to Swiss firm Bobst Group. The deal is
worth in the region of €75 million, and regulatory approval
processes have already been initiated.
Metso Corporation, the Finland-based processing machinery provider,
has decided to establish a financial service centre to centrally
handle the financial administration services of its Finnish units.
The move is part of efforts to...
Rexam, the UK-based global consumer packaging company, said it has
completed its exit from coated films and papers with the sale of
its weatherable films business in Lancaster, South Carolina, US,
according to a report from AFX News.