March 27- Sealed Air Corp said it would sell its cleaning and chemicals systems division, Diversey Care, and its food hygiene and cleaning business to Bain Capital Private Equity for about $3.2 billion, as it focuses on its higher-margin businesses. Sealed Air acquired Diversey in 2011 from its controlling shareholders, the Johnson family and private equity...
Jefferies says cardboard packaging stocks will benefit from President Donald Trump's support of U.S. manufacturing companies.
Jan 23- Consumer goods packaging company Silgan Holdings Inc said it would buy WestRock Co's business that makes soap dispensers and perfume sprayers for about $1 billion. The unit, which has 13 plants in North America, Europe, South America and Asia, generated $566 million in revenue in the year ended Sept. 30. Norcross, Georgia- based WestRock said the sale would...
ADDISON, Ill., Dec 14- In an unassuming building in the Chicago suburb of Addison, United Parcel Service Inc engineers design custom boxes for retailers as part of a joint effort to tackle a vexing issue: the high cost of delivering e-commerce packages. Online retail sales are expected to reach $392.5 billion this year, according to research firm eMarketer, but with...
Deutsche Post DHL Group CEO, Frank Appel says Amazon is an important partner and customer, while commenting on competition.
FRANKFURT, Nov 18- U.S. packaging group Westrock has put a unit making soap dispensers and perfume sprayers up for sale in a potential $1 billion deal, as it seeks to streamline its portfolio after a recent merger, three people close to the matter said. The Westrock unit- dubbed a home, health and beauty business- posted earnings before interest, taxes, depreciation...
SHANGHAI, Nov 10- Chinese packaging makers are bracing themselves for Singles' Day on Friday, stocking up on cardboard and taking on staff ahead of an online shopping bonanza that shifts more goods than Black Friday and Cyber Monday in the United States combined. More packagers have emerged in answer to China's e-commerce boom which began around 2010,...
Diogo Da Silveira, CEO of The Navigator Company, discusses the paper manufacturer's earnings and growth prospects in the economy.
International Paper on Wednesday reported fourth-quarter earnings of $134 million.
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.