Nestlé Professional invests US$2.5M in its Smithtown factory to enhance recycling and local manufacturing

AUSTRALIA – Nestlé Professional has invested US$2.5 million in its Smithtown factory in New South Wales to bolster local manufacturing and support collaborative product developments, starting with a recyclable Hot Chockee cup. The company says that its Smithtown facility, where popular products like Milo, Nesquik and Nestlé hot chocolate are made and packaged, will now have the capacity to produce…

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IFCO expands into Baltic region with acquisition of RPC pooling services company PlasticPack

LITHUANIA – Germany-based IFCO has announced the acquisition of Vilnius-based reusable packaging container (RPC) pooling services company PlasticPack, expanding its presence in the region. PlasticPack is the current market leader in Lithuania providing reusable packaging in the meat and dairy supply chains. Through this acquisition, IFCO aims to become the leading provider of RPCs for the fresh grocery supply chain…

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LVC-backed Summit Plastics acquires flexible packaging firm Fredman Bag

US – American manufacturer of custom packaging solutions, Summit Plastics has completed the acquisition of Fredman Bag for an undisclosed sum. Based in Wisconsin and founded in 1889, Fredman specializes in custom flexible packaging serving a diversified customer base and end-markets, including food & beverage, healthcare/medical, agriculture, industrial, and retail. The firm operates a 50,000-square-foot facility with state-of-the-art printing and…

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SPE acquires controlling stake in waste management company SkipWaste

SOUTH AFRICA – Sanlam Private Equity (SPE), a division of Sanlam Investments, has acquired a controlling stake in Gauteng-based waste management company, SkipWaste. As a business that neither owns nor operates landfill sites, SkipWaste is said to be a strong fit for SPE, with the firm noting its sustainability-led commitment. SkipWaste leverages its market share in waste logistics to drive…

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Sahara Foundation partners LSETF to promote recycling across Lagos

NIGERIA – Sahara Foundation and Lagos State Employment Trust Fund have announced their strategic partnership geared towards rolling out a series of recycling exchange hubs across 12 local government areas in the state. In a statement by Sahara Foundation said that the project is being implemented by Wecyclers, a social enterprise with expertise in recycling. It is aimed at promoting…

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