Industrial systems supplier Hydratec Industries NV is in the final stages of negotiations with financial services company Wadinko to acquire a majority shareholding in two Dutch plastics machinery businesses.
German film and sheet manufacturers RKW SE in and Renolit SE have completed a restructuring of their ownership, which will see the two companies split between the owner families of JM Holding GmbH & Co. KGaA, formerly the parent company of the two firms.
Akron, Ohio-based testing, consulting and compliance service provider Smithers is consolidating its various operations under a single brand identity, a refreshed logo and new tagline, the company announced 12 Sept.
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.