FirmaPak’s Post

Krones is close to sign an agreement regarding the acquisition of 100% of NETSTAL Maschinen AG (Netstal) from KraussMaffei. The injection molding machine manufacturer will retain its business responsibility within Krones. The final signing of the transaction is scheduled for beginning of February 2024. After signing the transaction is subject to approval under the relevant antitrust legislation. Krones expects the transaction to be completed within the first half of 2024. According to Handelsblatt, the transaction is expected to generate 170 million euros. According to his own statement, the acquisition of Netstal is benefitting Krones on various dimensions. Netstal’s PET and Cap businesses complement Krones’ product portfolio for the beverage market. With respect to PET closed-loop solutions Krones then covers all technologies required from injection molding to PET container production through to filling/packaging and recycling. Read More: https://bit.ly/42pZxMw Picture: © Pixabay

🌿 Unifoil Holdings Plans IPO Unifoil Holdings, a company that makes recyclable paper-based packaging, is getting ready to go public. They recently announced some changes to their IPO plans. The first thing I'd like to mention is that they want to raise $7 million by selling 2 million shares, which is less than before. On the one hand, I think this move might help them do better in the market, on the other hand, it can weaken investors' confidence. Their shares will be priced between $3 and $4 each. It means they'll have a market value of about $49.7 million. Speaking about fundamentals, Unifoil makes eco-friendly packaging materials without using plastic. They have some big customers like Anheuser-Busch and Procter & Gamble. The company started back in 1971 and made $27 million in revenue last year. They'll trade on the NYSE American under the symbol UNFL. Boustead Securities and Sutter Securities are helping with the IPO. #IPO #NYSE #Investing #Investment #StockMarket #Stocks #EcoFriendly Read more at: https://lnkd.in/dRHvH9At

Stringent regulations worldwide, enforced by agencies like #OSHA, #EPA, and #DOT, fuel the demand for hazmat plastic packaging, ensuring safety and #environmental protection. Harmonizing with international standards, such as UNECE and IMO, enhances global trade. #Innovative packaging solutions, like those for hazardous chemicals, are in demand, driving market growth. Acquisitions, like Mauser's in Italy, further fuel the expansion of hazmat plastic #packaging solutions. For More Info: https://lnkd.in/dYryybgp Key Market Players Berry Global, Inc. Fibrestar Drums Crateco Pack LLC Greif MAUSER Corporate GmbH Söhner Kunststofftechnik GmbH CJK Packaging Ltd #AMR #HazmatPlasticPackaging #SafetyFirst #EnvironmentalProtection #Regulations #GlobalStandards #Innovation #MarketGrowth #Acquisitions #MauserPackaging #IndustryExpansion

Next up in our Operational and Manufacturing Excellence webinar series with The Adhesive and Sealant Council, Inc. is “Optimizing Plant Operations including Design Considerations for Growth” – this Friday. Don’t invest in potentially unnecessary CAPEX to support expansion and/or growth. This webinar will provide insight on #ProfitableGrowth strategies, including facility start-ups, plant expansions, increases in operation capacities, alternate capabilities, plant relocations, asset retirements, and more. Details and free registration can be found at https://lnkd.in/gwNRUP_x #Adhesives #Sealants #Manufacturing #Operations #Expansion

🚙 Another chapter opening up for FREEGLASS after 26 years in the plastic "glazing" business. A sign that #plasticglazing used for #automotive #sunroofs, #backlites or #sidelites for high volume vehicles are yet to make an indent on the mineral glass share. 〽 Indeed, the sales figures of Freeglass (ca.20M€) and other auto plastic glazing makers show that plastic is not fantastic in the transparent #autoglass market with less than 1% share... and needs to reinvent itself on this market segment despite its advantages. Saint-Gobain Saint-Gobain Sekurit #automotiveglass #plasticinjection #automotiveplasticglazing

Big M&A news in the #CapsandClosures domain: Silgan Holdings Inc. to acquire Weener Plastics Group. Dispensing technology is likely to evolve alongside developments in reusable/refillable formats, so the market context is interesting. Talk to me if you have something new to show, and we can feature at our next Plastic Closure Innovations conference in Spain. https://lnkd.in/d2CmRWts

📢 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐒𝐩𝐨𝐭𝐥𝐢𝐠𝐡𝐭: 𝐌𝐀𝐂𝐏𝐀𝐂 𝐅𝐢𝐥𝐦𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 (𝐏𝐒𝐗: 𝐌𝐀𝐂𝐅𝐋) MACPAC Films Limited, a leader in plastic packaging solutions since 1993, focuses on producing high-quality Biaxially Oriented Polypropylene (BOPP) and Cast Polypropylene (CPP) films. As of 2024, the company holds a total of 59.301 million shares, with a strong 63.23% stake held by directors, sponsors, and executives, reinforcing solid governance. 🏢 𝗦𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝗣𝗮𝘁𝘁𝗲𝗿𝗻 𝗕𝗿𝗲𝗮𝗸𝗱𝗼𝘄𝗻: Directors & Sponsors: 63.23% General Public: 18.91% Financial Institutions & Banks: 10.12% Others: 7.74% 📊 𝗥𝗲𝗰𝗲𝗻𝘁 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 (𝟮𝟬𝟮𝟯-𝟮𝟬𝟮𝟰):  In 2023, MACFL achieved a record high in profitability with a 105.82% growth in net profit, driven by higher sales and improved cost management. Despite economic hurdles in 2024, including inflationary pressures and increased energy costs, the company managed to post a 2.1% sales increase. However, margins were compressed due to rising operational expenses. 🔮 𝗙𝘂𝘁𝘂𝗿𝗲 𝗢𝘂𝘁𝗹𝗼𝗼𝗸:  MACFL is positioning itself for continued success through innovation and sustainability initiatives. The company plans to expand its presence in international markets, diversify product offerings, and adopt renewable energy sources to mitigate the impact of rising operational costs. With growing global demand for eco-friendly packaging, MACFL is well-placed to capture emerging opportunities in the green economy. 📞 Contact Us Get more corporate insights from Insync Business Solutions: 📞 +92 336 8474339 📧 [email protected] 🌐 www.Insyncbs.com Source: https://lnkd.in/dFayw8hg #CorporateInsights #MACPACFilms #BusinessGrowth #SustainablePackaging #StockMarketUpdate #Quickbooks #OracleEBS #OdooERP #Odoo #ZohoBooks #Zoho #ERPNext #Xero

Gusseted Poly Mailer Market Size, Potential Analysis: Unlocking Growth Potential and Share Projections for 2024-2031 Gusseted Poly Mailer Market Competitive Analysis The competitive analysis of the gusseted poly mailer market includes an assessment of the key players, their market share, product offerings, distribution channels, and competitive strategies. It also involves an analysis of the market concentration, barriers to entry, and the threat of substitutes. Additionally, factors such as technological advancements, mergers and acquisitions, and partnerships among market players are also taken into consideration. Top Gusseted Poly Mailer Market Companies @Four Star Plastics @ Plastic Bag Partners @ Discount Plastic Bags and Packaging @ PAC Worldwide Corporation @ Elevate Packaging @ Simply Polybags @ Royal Mailers @ Mil-Spec Packaging of GA @ Universal Plastic Bag Co @ Alpha Packaging @ Riverside Paper @ Toris PolyFab LLP @ AV Packaging Industries @ Arihant Packers @ Vishakha Polyfab @ Swiss Pack @ WH Packaging @ Royal Bag @ Shri Siddhi PolyPack

Dear CIRCULOSE® Supplier Network, Brands, and Industry Partners, We want to clear up any confusion regarding Renewcell’s bankruptcy. - The Board of Directors decided to file for bankruptcy on 25 February   - The filing was accepted by the Stockholm District Court on 27 February and an administrator, Lars-Henrik Andersson, has been appointed  - The administrator will make a decision on the future of Renewcell soon – for updates and the latest news please visit: https://lnkd.in/e9e8Ekuv While the administrator for Renewcell is in the process of sorting through the details of bankruptcy, we want to clarify that there is viscose made with CIRCULOSE® available for sale in the market and additional tons of CIRCULOSE® pulp have been produced. There is a supply that will satisfy the projected needs of brands and suppliers for the next 18 months to 2 years through our fiber producers (Sanyou, Grace, Birla) and through partnerships with yarn spinners, weavers, knitters, and garment manufacturers in the CIRCULOSE® Supplier Network.   In a recent statement, Lars-Henrik Andersson communicated that he sees good opportunities for acquisitions - and continued operation of the business.  "There has been a lot of interest in the past and I hope and expect it to remain after the bankruptcy," he says. He estimates that the entire bankruptcy procedure will take up to six months - but he hopes that any sale will be quicker.  "The sale itself and the entire first part should be completed within a month. Then we have another process that is more focused on accounting and other things that may take another six months.  The CIRCULOSE® branded name and the logomark (dots in the form of a circle) are registered trademarks with the International registration (Madrid Protocol), EU, USA, Turkey, China, India and many other countries through 2028 (and 2030 in some countries). We hope that you will continue the marketing of CIRCULOSE® to drive your message of circularity until we have finalized a plan.   We encourage you to check for updates on renewcell.com and reach out to our team or [email protected] for any further questions. We appreciate your support at this time and over the years for helping to #makefashioncircular. Sincerely, The Renewcell Team  

Why Trusted Partnerships Matter in Machinery Manufacturing 🤝 In an industry as dynamic and fast-paced as machinery manufacturing, the value of trusted partnerships cannot be overstated. My years at the helm of Diecut Global have taught me that beneath the nuts and bolts of our machines, it is the reliability and integrity of human relationships that truly drive success 📈 Establishing a trusted partnership goes beyond the transactional. It’s about a shared commitment to excellence, a deep understanding of challenges, and an unwavering support in pursuit of a common goal. At Diecut Global, our long-standing collaboration with esteemed clients such as Cestrian, Mid-America Display, and UK Point of Sale, is a testament to this philosophy. The words of Paul Whitehurst and Jason Mueller resonate deeply with us; their acknowledgment of our transparent dealings and rapid response to service needs is both humbling and validating ☺️ From the early days, my vision was clear – to build a company that not only offers state-of-the-art machinery but also ensures that customers receive comprehensive support throughout their journey. This encompasses everything from health & safety maintenance to rapid breakdown cover and factory installations. Our clients know that when a challenge presents itself, Diecut Global is merely a phone call away from delivering a reliable solution. As we navigate through the era of transformational change, CEOs and industry leaders ought to think about resilience and innovation, but also about the trusted partnerships that act as the foundation for mutual growth. The resilience of a company is not just in its structures or strategies, but in the robustness of its relationships. Our mission has always been clear-cut: to provide machinery and services as a trusted advisor and partner. It’s not just about selling a machine; it's about becoming the 'last player in the game' through excellence, shared values, and above all, partnership. As we steer towards a more sustainable, efficient, and digitally-integrated future, having a partner you can trust becomes more important than ever. To achieve sustainable growth, we need to foster these partnerships with a holistic approach. We have seen how focusing on key growth areas, nurturing innovation, and being adaptable in the face of volatility sets resilient companies apart. In conclusion, as the managing director of Diecut Global, I firmly believe that the core of our industry lies not in the machinery we manufacture but in the trusted partnerships we cultivate. These are the alliances that will navigate us through change and lead us towards a prosperous future. The conversation doesn’t end here. I look forward to hearing your thoughts on the importance of trusted partnerships in our industry. #MachineryManufacturing #TrustedPartnerships #DiecutGlobal #IndustryLeadership #Innovation #Resilience #SustainableGrowth