GEA Group has acquired a majority stake in Italian company Pavan from Luxembourg-based Alpha Private Equity Funds Management.

Based in Germany, GEA Group provides equipment and process technology for the food and other industries, while Pavan is engaged in the supply of extrusion and milling technology.

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Messrs Natthi Cholsaipant and Tanapat Cholsaipan have entered an agreement with Tego to acquire a 100% equity interest in Tefel Packaging Industries for $2.4m in cash.

Tefel manufactures polypropylene bags, while Tego is an indirect subsidiary of PPB Group, an investment holding and property investment company.

All the companies involved in the transaction are based in Malaysia.

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Packaging Gateway Excellence Awards - Nominations Closed

Nominations are now closed for the Packaging Gateway Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
From rising paper prices to plastic reduction targets, Morris Packaging is tackling today’s toughest packaging challenges – and has won three 2025 Packaging Gateway Excellence Awards for it. Learn how Revopack and EcoPour deliver recycle-ready, high-impact packaging that boosts efficiency from filling line to retail shelf.

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