BRUSSELS, April 13, 2015 (RISI) - Smurfit Kappa Group (SKG) has declined to comment on reports that it might be snapped up by the US-based packaging giant International Paper (IP).
Yesterday, several major UK papers, including The Sunday Times and The Telegraph, wrote that IP is working on a potential takeover bid for Smurfit Kappa worth over £6 billion ($8.7 billion).
SKG posted revenues of Euro 8.083 billion ($8.51 billion) in its full 2014 financial year,.
LONDON, April 2, 2015 (Press Release) -In 2012 the Kemsley Mill undertook a major refit of Paper Machine 3. The rebuild allowed the mill to produce a triple-ply White Liner paper, with the strength and runability of a Liner 2 and the printability of a white Kraft liner.
Pre-production testing at a pre-print house and corrugator plants showed the paper to have a printability greater than any other Liner and equal to any Kraft liners then available in the UK.Read more
MILWAUKEE, April 2, 2015 (Milwaukee Journal Sentinel) - Two packaging companies, both owned by Quad/Graphics Inc., are planning to expand their neighboring facilities in Franklin, according to information filed with the city.
Transpak Corp. and Proteus Packaging Corp. both operate on World Packaging Circle, a cul-de-sac within Franklin Business Park, south of W. Ryan Road and west of S. Oakwood Park Drive. Both companies moved to Franklin from Milwaukee in 2007 and were sold to Quad in 2013.
AALST, Belgium, April 1, 2015 (Press Release) - Following our previous announcement, we can now confirm that VPK Packaging Group completed the acquisition of ICS Europaks in Ireland on 31st March, 2015.
"We are really happy to bring the ICS Europaks team into the Rigid Group and we are looking forward to positive growth in the Irish market," states Richard Coward, Manging Director. "We are confident that we can grow the business by continuing to work closely with existing ICS and Rigid customers, as well as adding new customers to the portfolio."Read more