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Berry Plastics restructures to integrate Avintiv

Packaging converter Berry Plastics Group is to reorganise its business structure and split it into three market-focused divisions, with the aim of better serving its customers and driving future growth.

Mondi purchases German supplier

South African converter Mondi Group has completed the acquisition of German components producer Ascania nonwoven from investment group Schloss Neugattersleben in a bid to strengthen its position as the preferred supplier of hygiene components and medical applications.

Davis-Standard goes for Gloucester

Extrusion and converting equipment manufacturer Davis-Standard has acquired Gloucester Engineering, a blown film technology supplier that adds design and process engineering capabilities to the former's business portfolio.

Hewett heads up Kloeckner Pentaplast

German film converter Klöckner Pentaplast (KP) has appointed Wayne Hewett as chief executive, replacing the outgoing Christian Holtmann who stepped down from the role in February for personal reasons.

Polifilm completes Mondi site purchase

Packaging converter Mondi Group has completed the sale of its film manufacturing site in Osterburken, Germany, to Polifilm  Extrusion GmbH following competition clearance.

Building blocks from plastics

A process that converts all types of unclean mixed plastics into a recycled building material for use in industrial, municipal infrastructure and residential projects has been developed by US-based environmental technology company ByFusion.

Innovation upgrade for Jindal

Indian converter Jindal films has started work on two testing laboratories in the US and Luxembourg for film characterisation, which will be equipped to simulate customer conditions on packaging, printing and labelling machines.

Turkish delight for Greiner

Austrian rigid plastics packaging converter Greiner Packaging has acquired a 51 per cent majority in Turkish firms Teknik Plastik and Teknik IML from the Özata Group. Greiner claims that the deal now makes it the market leader in rigid plastics packaging for dairy products in Turkey.

Investment targets WPPG international growth

Private equity firm 3i Group plc is to invest approximately €250 million ($280m) in German plastics packaging converter Weener Plastic Packaging Group (WPPG), with the aim of growing the firm’s market share internationally. Former shareholder Lindsay Goldberg Vogel has sold its stake in WPPG as part of the deal.

Jalco Group operates five business units in Australia

Pact confirms talks with Jalco Group

Packaging converter Pact Group has responded to recent press speculation that it may acquire Jalco Group by releasing a statement on its website confirming that discussions are taking place.

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