Veolia has entered into an agreement to acquire the 30% minority stake in its subsidiary, Water Technologies and Solutions (WTS), from CDPQ for $1.75 billion (approximately €1.5 billion). The transaction will bring Veolia’s ownership of WTS to 100%, allowing the company full operational control. The deal is expected to close by the end of …
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New subsidiary set to drive flexographic printing innovation across South Asia SOMA has announced the launch of SOMA India Marketing Services Pvt Ltd, a strategic move underscoring the company’s commitment to the rapidly expanding Indian packaging industry. The new subsidiary is designed to give Indian converters direct access to SOMA’s advanced flexographic printing …
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Tadweer Group has acquired Masdar’s stake in the Sharjah Waste-to-Energy plant, joining BEEAH as a new partner in the Emirates Waste-to-Energy joint venture. The agreement, which remains subject to standard closing conditions, represents a strategic realignment among three of the UAE’s major sustainability-focused entities. Masdar, officially known as Abu Dhabi Future Energy Company PJSC, is …
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[DUBAI, UAE – August 1, 2025] Trident Group has opened a new office in Dubai, marking a significant step in its international expansion strategy. The Indian business conglomerate, known as the world’s largest manufacturer of terry towels, aims to leverage Dubai’s strategic location to extend its footprint across the GCC, Africa, and CIS regions. The …
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Siegwerk Druckfarben AG & Co. KGaA has signed an agreement to acquire Allinova, a specialty chemicals company based in Hengelo, the Netherlands, known for its expertise in water-based dispersions. The deal, announced on August 11, 2025, aims to strengthen Siegwerk’s coatings business, particularly in functional coatings for packaging. Allinova’s product range includes polymer dispersions, wax …
Dammam, Saudi Arabia – His Excellency Bandar AlKhorayef, Minister of Industry and Mineral Resources, has inaugurated PepsiCo’s expanded manufacturing plant in Dammam’s 2nd Industrial City, signaling the company’s ongoing investment in Saudi Arabia’s industrial sector. The SAR 300 million ($80 million) expansion is part of PepsiCo’s broader SAR 9 billion ($2.4 …
SIG has partnered with PulPac to develop paper-based closures for aseptic cartons, aiming for large-scale production of caps and bases using Dry Molded Fiber technology. Announced on 22 July 2025, the exclusive programme seeks to match the performance of conventional plastic closures. The collaboration supports SIG’s commitment to reach 90 % …
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Heidelberg, Germany — July 25, 2025 — Heidelberger Druckmaschinen AG (HEIDELBERG) has announced a major strategic acquisition that underscores its ambitions to become the leading systems integrator in the global packaging and label industry. The company has secured exclusive rights to the technology, intellectual property, and brand of long-standing postpress partner Polar Mohr, …
Ferrero Group has entered into a definitive agreement to acquire WK Kellogg Co for $23.00 per share in cash, placing the total value of the deal at $3.1 billion. The move is part of Ferrero’s strategy to expand its North American operations and diversify its product portfolio beyond confectionery. Announced on …
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RDM Group has partnered with biodegradable film specialist Ecopol to introduce a new recyclable barrier board aimed at meeting evolving European circular packaging requirements. The collaboration brings together RDM Group’s recycled fibre cartonboard and Ecopol’s PVOH-based functional film. The resulting laminate is designed to offer packaging solutions that are both …
