4 INDUSTRY NEWS
Pulp Paper & Logistics
Huyck.Wangner and Stowe Woodward amalgamated in Europe
field service and consultation activities of Huyck.Wangner and Stowe Woodward’s have been amalgamated by their parent company Xerium Technologies. In a statement, Youngsville, North Carolina-based Xerium said that the specialists will pool their proven strengths and extensive expertise under an integrated product and service banner called ‘Rezolve - Total Machine Solutions’. The move is intended to enable
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customers to get customszed paper machine optimisation and service solutions from a single source. Huyck.Wangner’s and Stowe Woodward’s specialists will be able to apply their combined expertise to precisely optimize paper machine performance for each and every customer. They will have at their disposal an even more extensive service history. Information from all product categories will be fed into this database to provide virtually a single source for helping customers. The new sales and service
he European forming fabric, press felt, dryer fabric, roll and industrial textile specialists’
organizations are geographically split into four European regions, all reporting to Ernst Kerschhofer, sales & marketing chief of Xerium Europe.
Xerium says its new European
strategy made it necessary to not only merge its business units in four European regions, but also to enhance the way the people were
organised. So after 25 years of collaboration, Huyck.Wangner and Weger GmbH are dissolving their sales and service partnership. The advantage for customers is that Huyck.Wangner Germany GmbH, based in Reutlingen, Germany, has taken over all of Weger GmbH’s service staff assigned to paper machine clothing and rolls. This means that the customers will in future continue to be supported by the same skilled service personnel. At the top of the list is Walter Krayl, Senior Marketing Director for Huyck. Wangner and Stowe Woodward. He will also be in charge of this portfolio for all Xerium product categories in the EMEA region.
Mondi buys control of Nordenia
Leading paper and packaging producer Mondi Group has taken control of Nordenia International, the supplier of consumer packaging and hygiene components with 12 plants located in seven countries across Europe, North A,Erica
September 2012
and Asia, along with a plant being built on a greenfield site in China. Mondi paid €240 million to acquire 93.4 per cent of Nordenia’s outstanding share capital from Oaktree Capital Management other minority shareholders. In addition, Mondi Group will
assume €398 million of debt and debt-like liabilities, which values Nordenia at €655m. The acquisition is expected to be
completed before the end of 2012, subject to customary completion conditions including the approval of certain competition authorities.
David Hathorn, chief executive of Mondi Group, commented: “The acquisition of Nordenia offers Mondi Group a unique opportunity to create a leading consumer packaging business, build on long term customer relationships across both businesses and establish a platform to expand further in high-growth emerging markets.”
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