German manufacturer of plastic moulded parts Thomas Lorez Industrietechnik GmbH has relocated its production facility from Thuringian Forest, in central Germany to a 60,000-square-metre site in Spenge in Lippe, North Rhine-Westphalia.
Mergers & acquisitions in the European industrials & chemicals (I&C) sector have hit a six-year low, as CEOs and financial sponsors took a more careful approach to acquisitions in the first half of 2019.
Italian biotechnology company Bio-On Co. is seeking legal remedy for the injury to its reputation brought about by the “false and misleading” news spread by US asset management firm Quintessential Capital Management (QCM) about the Bologna-based company.
Coca-Cola Co. and PepsiCo Inc. are leaving the Plastics Industry Association, following pressure from environmental groups seeking to end plastics industry lobbying campaigns for state laws that limit local bans on plastic packaging.
Extrusion machinery supplier KraussMaffei Berstorff is relocating its headquarters to Laatzen/Rethen Ost business park, in the south of Hanover, Germany, where it is building a smart factory equipped with ultra-modern machinery.