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FRANCE – Danone CEO Antoine de Saint-Affrique has refuted claims that the French food company is considering a sale of one or more of its divisions. In remarks made at the company’s AGM of the French giant, de Saint-Affrique, said: “The categories in which we operate are growing and they are because they are in line with the expectations of…
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GERMANY – US industrial aluminium company, Novelis, has announced a US$30 million investment in its facility in Plettenberg-Ohle, Germany to meet the growing demand for sustainable packaging. Novelis plans to use the funds to build a new continuous annealing line at the facility, increasing the capacity for aluminum used in the production of coffee capsules. The Atlanta, Georgia headquartered company…
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SOUTH AFRICA – The Competition Commission of South Africa has recommended that the Competition Tribunal approve the proposed transaction of Consol’s Group’s acquisition by Ardagh Group after reaching a consensus. The acquisition was first announced in November 2021, at the time, Ardagh said it would pay R10.1 billion (US$670m) for Consol, and finance the acquisition through a combination of its…
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SWITZERLAND – Swiss-based global packaging company Amcor is expanding food manufacturer’s sustainable packaging choices by launching two recycle-ready packaging solutions for coffee and dairy products. The new solutions under the AmPrima recycle-ready solutions have been rolled out in Europe to offer brands a sustainable packaging choice without compromising on performance. The full portfolio includes AmPrima PE to serve a range…
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UK – British multinational alcoholic beverage company Diageo is investing £40.5m (about US$53m) at its facilities in Belfast, Northern Ireland, and Runcorn, England to enhance their packaging capabilities. According to a statement from the London-headquarter company, the investments are necessary to support the growth of Guinness Draught and Guinness Zero. A total of £24.5m (about US$32m) will be invested at…
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GERMANY – KHS, an international manufacturer of filling and packaging equipment for the beverage and food, has introduced new packaging line retrofits that wrap beverage cans in paper instead of film. In a statement, KHS noted that the newly launched paper wrapper allows beverage manufacturers to meet consumer demand for alternative, environmentally friendly packaging material. Customers can either opt for…
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SOUTH AFRICA – Mpact, one of the largest paper and plastics packaging business and recycler in southern Africa, delivered a pleasing performance in 2021, successfully navigating the challenging business environment. Group revenue from continuing operations increased by 13% when compared to the prior year to R11.5 billion as a result of an 8.8% increase in sales volumes and a 3.8%…
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SOUTH AFRICA – Distell, Africa’s leading cider producer has launched a limited edition of can packaging for its Savanna brand, following glass shortage. The cider has only been sold in bottles since its launch in 1996, but Distell, which also produces other brands like Hunter’s and Klipdrift, has been struggling with a “severe” glass shortage in South Africa, which forced…
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INDIA – Packaging solutions provider Multivac is planning to invest €6.8 million (US$7.7m) in a new manufacturing site in Ghiloth, India, in a move to expand its production capacity. The new complex will be built in Rajasthan, 120km from Delhi, and will cover around 10,000 square meters. Half of the site has been earmarked for production which will mainly entail…
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GERMANY – Multivac Sepp Haggenmüller SE & Co, a leading suppliers of integrated packaging solutions, has acquired portion machines supplier TVI Entwicklung und Produktion for an undisclosed sum. TVI Entwicklung und Produktion, which is the market leader in portioning machines, has a production site in Bayern where it employs more than 121 employees. The company which is estimated to have…
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