Diecut UK has reached an agreement with UK's leading Packaging Machinery Supplier, Fyne Packaging, for the exclusive selling rights of the latter’s box-making machinery.
Fyne Packaging’s existing box-making system comprises the Harrier double-pass box maker and the Vulcan single-pass box maker, while the company also manufactures the Hawk slitter / creaser.
The deal helps Diecut UK to expand its industrial machinery portfolio.
Netherlands-based OI European Group has reached an agreement to raise €200m ($214.73m) through private placement of senior notes due 2024.
OI European Group is an indirect wholly-owned subsidiary of Owens-Illinois, a glass containers manufacturer based in the US.
To be issued at an annual interest rate of 3.12%, the senior notes will be guaranteed by Owens-Illinois and its US domestic subsidiaries.