Flexo Wash
Cleaning Technology for the Flexographic, Gravure and Offset Package Printing Industries
Kitchen equipment producer Middleby has acquired packaging systems manufacturer CVP Systems.
Kitchen equipment producer Middleby has acquired packaging systems manufacturer CVP Systems.
Both companies involved in the transaction are based in the US.
DS Smith has entered a conditional agreement with Merpas to acquire a majority stake in Interstate Resources.
The US-based target company is a packaging firm, while the acquirer company is a corrugated cardboard maker based in the UK.
The purchase consideration for the acquisition is $920m.
Under the agreement, DS Smith and its US subsidiary DS Smith Holdings will gain an 80% stake in Indevco Management Resources, the holding company of the Interstate Resources group (IRI).
DS Smith will also be able to acquire the remaining 20% interest in the next five years.
Cleaning Technology for the Flexographic, Gravure and Offset Package Printing Industries
Adhesive Tapes, Films and Fabrics for Packaging Machinery
Sustainable Packaging Solutions and Flexible Intermediate Bulk Containers (FIBCs)