Fosber S.p.A. has announced the appointment of a new agent for key markets in the Middle East, including the United Arab Emirates, Saudi Arabia, Qatar, Oman, and Kuwait. The company has partnered with Print & Pack TEC, a provider of solutions and services for the paper converting and corrugated industries in the region. …
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Reifenhäuser Group, a leading provider of plastics extrusion technology, is significantly expanding its field service operations in the Middle East and Africa (MEA) region. This move follows the establishment of a sales office in the United Arab Emirates five years ago and aims to enhance local customer support. The company is opening a …
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Gulf Capital has divested its strategic stake in Middle East Glass S.A.E. (MEG) to MENA Glass Holdings Limited. This move comes following a notable expansion in MEG’s operations and financial performance during Gulf Capital’s holding period. MEG, now the largest glass packaging manufacturer in the Middle East and the second largest in Africa, …
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XSYS has announced the signing of an agreement to acquire the MacDermid Graphics Solutions business and the appointment of a new CEO. The transaction involves purchasing certain shares and assets from subsidiaries of Element Solutions Inc. (NYSE: ESI), including MacDermid Graphics Solutions, for an enterprise value of approximately $325 million. The deal has received …
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Namibia Breweries Limited (NBL) has inaugurated a new wine packaging line, marking a notable advancement in its commitment to innovation and local production. The N$337 million facility was officially launched by President Dr. Nangolo Mbumba at NBL’s headquarters in Windhoek on August 22, 2024. The ceremony was attended by Honourable Lucia Lipumbu, Minister of …
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Badael, a company under Saudi Arabia’s Public Investment Fund (PIF), has opened a new manufacturing facility at the Modon—Saudi Authority for Industrial Cities and Technology Zones—in Asfan, Jeddah. The facility features a nicotine powder mixing unit, a research and development lab, a quality control lab, and a second high-speed production line aimed at increasing …
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Mauser Packaging Solutions, a leading global industrial packaging producer, has expanded its presence in South Africa with the acquisition of a plastic drum manufacturing business in Pinetown, Kwa-Zulu Natal. Previously owned by Nampak Products Ltd and later by Eliptotime PTY Ltd, the business was officially transferred to Mauser on August 1, 2024. This …
HYBRID Software has announced a new partnership with Hamillroad to integrate Bellissima DMS screening technology into its CLOUDFLOW enterprise production workflow. This integration aims to meet the increasing demand from Hamillroad’s customer base for CLOUDFLOW support and combines two advanced technologies to benefit flexographic trade shops and converters. CLOUDFLOW is a customizable solution …
Mars, Incorporated has announced a definitive agreement to acquire Kellanova for $83.50 per share in cash, totaling $35.9 billion. This deal represents a 44% premium over Kellanova’s 30-day average share price and a 33% premium over its 52-week high as of August 2, 2024. Kellanova, known for brands such as Pringles, Cheez-It, …
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UFlex Limited, India’s leading flexible packaging company, has reported a notable increase in its financial performance for the first quarter of fiscal year 2025. The company’s unaudited consolidated net revenue reached INR 36,825 million, reflecting a 12.3% year-on-year increase and a 5.3% rise compared to the previous quarter. The operational EBITDA also saw significant …
