Industry NewsNews


The industrysee s somebig chang A


nge


cross thefirsthalfof thisyear, of acquisitions.Firstly, aty, at thebeg


qu


the takeov coat


atingsportfo folioan ng as ffering intheUKandIreland. ges


r,FlintGroupannouncedanumber eginningof Julytherewasnewsof


keoverofDruckfarben,whichseesFlintGroupstrengthenits andserviceoffe ng


Grant Penfield, owner andmanaging director of Druckfafarben, said: “We recognise that the commercial sheetfefed print sector is changing and this gives us the opportunity to stay one-step ahead and plan fo


for the future.”


Also, fofollowing the report in the June issue of Converter, Flint Group has confirmed its acquisition of American Inks and Coatings (AIC).


“The investment in AIC leaves Flint Group very well positioned to support the growth witnessed in the global packagingmarket and aligns us closer to customers in North American,” said Antoine Fady, CEO, Flint Group .


XAARMAKES IT FIRST AAR MAKES ITS FIRST ACQUISITION QUISITION


Xaar has announced the acquisition of Engineered Printing Solutions (EPS), a provider of product printing equipment in North America. This is Xaar’s first acquisition as part of its strategy to achieve £220mof annual sales by 2020. EPS supplies bespoke


The EPSHQin Ve


Th ffo


ffo Vermont,t,North America


printing solutions to awide variety ofmarket sectors,


ocuses has been to develop flexible and cost effe accelerate the adoption of inkj


QUIRES TURKISH FLEXIBLE


including packaging. One of its ffective digital inkjkjet solutions.


Doug Edwards, CEO of Xaar, commented: “Here there is great potential to kjet. Xaar gains a strong customer base and


ootprint in North America, a region it has been targeting fofor growth.” MONDI MONDI ACQUIRES TURKISH FLEXIBLE PACKAGING MANUFACTURER


CK GINGMANUF


and will become part ofMo in Istanbul with two produc


fo


Mondi Group has announced the acquisition of Kalenobel, the Turkish flexible packagingmanufafacturer, fofor €90million. Kalenobel, headquartered tion facilities, will be renamedMondi Kalenobel ndi’s consumer goods packaging business.


Kalenobel is a consumer packaging company that produces flexible packaging for ice creamand other applications as well as aseptic cartons. Elsewhere, the Group has acquired 100 per cent of the outstanding share capital of ZAO Uralplastic-N (‘Uralplastic’). The company operates one plant in the Ural region of Russia andmanufafactures a range of consumer flexible packaging products fo fo


for food, hygiene, homecare and other applications, serving both local and inte rnational customers .


IggesundIggesund focuses on Japan I


ggesund Paperboard is expanding in the


Asia Pacific region and will open a sales ofice in Japan fromthe beginning of


September. Over the past year the company


has established a service centre with sheeting and warehousing in Ta


Taiwan to cut lead times in the region.


“Traditionally Iggesund has focused verymuch on Europe but we are now prioritising work to increase our global sales,” explained Arvid Sundblad, vice president sales andmarketing. “Formore than a decade we have seen the conversion of packaging for consumer goodsmove fromwestern Europe to other parts of the world,mostly in the east.”


6 July/August 201 6


ionalmarkets where it is sold. It ism new venture. The paperboard is we


andmeets exacting standards of purity TURER


Davis-StandarDavis-Standard expand s USmanufacturin g facilit y


North America, is expanding its primary facility at its


D


headquarters in Pawcatuck, Connecticut, USA.


The company is adding


15,000 square feet of space and creating over 30 jobs in the next two years at its largest global site, which currently employs over 400 people.


The facility will house the manufacturing and precision machining of advancedmulti- layer blown filmdies. It also enables the company tomove all blown filmmanufacturing for its Gloucester Engineering product line fromGloucester, Massachusetts


to Pawcatuck. r,


As the largest extrusion machinerymanufacturer in North America, this expansion is a necessity for our business,” said JimMurphy,


The addition is planned for completion later this year. ““A


y, Davis-Standard president and CEO. “Last fall we www. avw.davis-standard.com


avis-Standard,manufacturer of extrusionmachinery in


acquired Gloucester


Engineering, which greatly strengthened our blown film product line through resources in sales, engineering and service. “Bringing Gloucester’s


manufacturing capabilities to our Connecticut sitemakes


sense fofor several reasons. One of those is to integrate technology; together we are now the largest manufacturer of seven to 11-layer blown filmdies. These dies are used formaking highly technical multi-layer films used in


packaging and pharmaceutical applications. This expansion aligns with ou offering custo quality,


mers excellent rmission of


y, value and customer


service. The l arger facility wil l allow us to do that.”


Davis-Standard has operated in Southeast Connecticut since 1848. The company has facilities es elsewhere in pe and Asia.


the USA, Euro and subsidiari


demands on quali y.. Iggesund’s flagship product, Invercote, will be the cornerstone of the more than 100 nat


The Japanese paper and paperboardmarket is known for its high ty


ll established in ade of virgin fibre


y,, so is expected to do well.


“When we decided to focusmore on global sales, one of the first steps was to develop our delivery service outside Europe,” said Ivan Chong, president of Igges und’s Asia Pacific operations. “Since then we’ve built u p new inventory and sheeting facilities on the USWest Coast and in Ta The result is radical reductions in lead times to Asia.”


Taiwan.


Iggesund has been represented in both Singapore and Hong Kong for almost two decades and has been successful in building sales over that period. The improved availabilitymeans there are good prospects for the company to reach a widermarket not only in Japan but also in the Asia Pacific region gen erally.


y. ww w.convertermag.co.u k


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