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.
Berry Plastics and Klöckner Pentaplast Group have entered into a marketing alliance to offer form, fill and seal packaging solutions to the food, consumer, pharmaceutical and medical markets on a global basis.
Germany-based Gerresheimer AG has reported substantially increased earnings in the second quarter of financial year 2014, as high-quality packaging for drugs and products enabling safe and easy self-medication continues to be increasingly in demand.
Clondalkin Pharma & Healthcare, has become the first pharmaceutical printed packaging company to achieve the PS9000:2011 pharmaceutical quality standard certification in North America and across of its global manufacturing sites.
US-based Sealed Air Corp has announced the sale of its rigid medical packaging business to a private equity firm for around US$125 million. The sale, to Mason Wells Buyout Fund III, is expected to be completed by the end of the year subject to approvals.
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