A billion dollar takeover battle to gain control of beverage
packaging giant SIG Holding is beingwaged between a New Zealand
investor and two European companies.
Swiss-Swedish carton packaging company Tetra Laval says it will
appeal yesterday's decision by the European Commission to impose a
fine of €90,000 for an alleged failure to provide information in
the long running investigation...
Sidel, the leading global manufacturer of plastic packaging systems
for liquid food conditioning, has launched a new corporate logo to
reaffirm it new identity after being bought out by Tetra Laval at
the beginning on the year.
The Sidel Group has confirmed that it will be acquiring Cermex in
its core business operations from next month. Cermex is a
recognised specialist in case packing, shrink-wrapping and
palletising equipment, qualities which Sidel beleives...
Following a less than satisfactory performance in 2001, and despite
unfavourable exchange rates last year, Sidel got back on the growth
track in 2002, posting a 5.2 per cent rise in sales to €981.1
million.
After a 15-month long battle, Tetra Laval has finally received
approval for its proposed merger with French beverage machinery
manufacturer Sidel. The decision means that Tetra is now poised to
develop one of the largest PET production...
Swedish-based packaging group Tetra Laval has urged the European
Commission to speed up its decision making process regarding the
€1.7bn proposal to buy up French plastic bottle maker, Sidel.
Immediately after the European Court's decision to overule the EU
competition authority's veto on the merger between Swedish
packaging manufacturer Tetra Laval and French PET bottle
manufacturing group Sidel, the Swedish...
Nearly a year after the Swedish company Tetra Laval announced its
plans to acquire French packaging firm Sidel, the European Court of
Justice will rule on 25 October on whether the deal can be allowed
to proceed.
An economist has criticised Europe's antitrust watchdog saying it
botched the analysis of the drinks packaging market, as a landmark
appeal by the Swiss-based Tetra Laval Group got under way.