NEW YORK— Sealed Air Corp. is buying Intellibot Robotics LLC in a move to expand its floor cleaning business. Sealed Air plans to make the business part of its Diversey Care division, which focuses on floor cleaning machines. Sealed Air is known for making packaging products such as Bubble Wrap.» Read More
FRANKFURT/ LONDON, Nov 7- Buyout groups BC Partners, Onex and Partners Group are set to bid for Swiss packaging maker SIG Combibloc in an auction likely to raise less for seller New Zealand's Reynolds than initially seemed likely, sources familiar with the matter said. Reynolds, backed by New Zealand's richest man, is looking to sell SIG Combibloc to reduce debt.
OEP, which is 50 percent owned by JP Morgan, has received several expressions of interest from rival buyout groups such as CVC, Cinven, Permira and EQT valuing Constantia at about 2 billion euros, they added. JP Morgan has been retained as an adviser to manage the sale of the maker of aluminium foil, paper and plastic-film packaging and labels for the food,...
OEP, which is 50 percent owned by JP Morgan, has received several expressions of interest from rival buyout groups such as CVC and EQT valuing Constantia at about 2 billion euros, they added. JP Morgan has been retained as an adviser to manage the sale of the maker of aluminium foil, paper and plastic-film packaging and labels for the food, pharmaceutical and...
Robert Hanson's holding company last year acquired Venezuela's best-selling newspaper, Ultimas Noticias, despite its worsening financial results and stringent currency controls that have frequently left foreign companies unable to repatriate profits. Ultimas Noticias has named two ruling Socialist Party members to key posts, including former...
Glatfelter CEO Dante Parrini provides insight on the company's transition into the single-serve coffee market, and how competitive its business is.
Glatfelter CEO Dante Parrini helps the "Squawk Box" crew understand how the paper for the Swiffer is made.
Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.
Gary McGann, CEO of Smurfit Kappa Group, talks about the challenges in the packaging business but said there would be ebbs and flows throughout the year.
Miles Roberts, CEO of packaging company, DS Smith, tells CNBC that the companies strong earnings are due to investment, innovation and acquisitions they have made.
We pulled together a list of Cramer's favorite dividend plays. Read on and pick one or two for your portfolio. They could offer just the kind of defense that you need.
Packaging company DS Smith will transform itself into Europe’s second biggest company in its sector with an ambitious 1.4 billion pounds ($2.04 billion) takeover of SCA Packaging.
IP Chairman and CEO John Faraci talks to Cramer about the company’s growth and its pending merger with Temple-Inland.