RICHMOND, Va., Feb. 19, 2020 /PRNewswire/ -- Liqui-Box, a portfolio company of Olympus Partners, and the U.S. Department of Justice (DOJ) have entered into an agreement to allow Liqui-Box to acquire DS Smith plc's Plastics Division (DS Smith Plastics). The transaction is expected to close in Q1 2020. As part of the agreement, Liqui-Box will divest sele Read more...
The Mayr-Melnhof Group ("MM") announces the completion of the sale of its virgin fiber board plants in Eerbeek, the Netherlands and Baiersbronn, Germany to a subsidiary of funds managed by Oaktree Capital Management, LP. The sale is in line with MM's strategy of focusing on new acquisitions and growth investments. The Eerbeek and Baiersbronn plants together have an annual capacity of around 245,000 t of virgin fiber board, which is produced on two board machines, and e Read more...
International technology Group ANDRITZ has successfully started up the rebuilt BM1 for PJSC Kyiv Cardboard and Paper Mill at their site in Obukhiv, Ukraine. The rebuild of the packaging paper machine covered the upgrade of the press and calender sections, including extensions to the existing automation system. To improve the machine’s capacity and the surface quality of the paper, ANDRITZ relocated the existing press from the second to the third press position and installed a Read more...
