A subsidiary of the Abu Dhabi Investment Authority (ADIA) has agreed to divest its approximately 50% stake in IFCO Group to Stonepeak, an alternative investment firm focused on infrastructure and real assets. The deal positions Stonepeak as a joint and equal owner alongside Triton, which remains a committed partner in the business. …
Continue reading “ADIA exits IFCO as Stonepeak joins Triton in reusable packaging venture”
Huhtamaki Egypt has received the Golden License from the Egyptian Cabinet to establish a molded fiber packaging plant in Sadat City, Monufia Governorate. The facility, set to open in August 2026, will be developed with a total investment of EGP 1.47 billion. The plant will cover 22,000 square meters and …
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 …
Yamato Corporation has introduced the Omega-0132MV, a high-speed twin multihead weigher, aimed at improving throughput in food manufacturing and co-packing operations. Part of the company’s Omega Series, the new model offers a reported weighing capacity of up to 600 weighments per minute—300 per side—making it the fastest combination scale currently on the …
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Napco Investment LLC, a Dubai-based subsidiary of Napco National, has announced the acquisition of Arabian Flexible Packaging, a Ghurair Group company. Effective 1 August 2025, the move supports Napco National’s regional expansion and aligns with the UAE’s In-Country Value (ICV) localization framework. Founded in 1982, Arabian Flexible Packaging is a well-established flexible packaging manufacturer …
Coca-Cola Beverages Africa (CCBA) has invested R365 million in a new high-speed bottling line at its Midrand plant in Gauteng. The facility is designed to produce 72,000 bottles per hour and will expand the company’s capacity in the hydration category. The line will manufacture Bonaqua Pump Still 750ml and Powerade 500ml …
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Heidelberger Druckmaschinen AG (HEIDELBERG) has reported a strong start to financial year 2025/26, with first-quarter sales climbing to €466 million, up from €403 million a year earlier, driven by robust growth in Europe and Asia. The adjusted EBITDA improved to €20 million (Q1 2024/25: –€9 million), reflecting higher sales volumes, better capacity utilization, and cost-efficiency measures. …
Continue reading “Heidelberg Posts Strong Q1 Growth, Underscores Packaging as Key Driver”
Saudi German Nonwovens (SGN) has officially inaugurated its expanded manufacturing facility in Rabigh, located in the Western Province of Saudi Arabia. The event marked the commissioning of Line No. 5, equipped with the latest Reicofil 5 technology, further enhancing SGN’s production capabilities and innovation capacity in the nonwovens sector. The …
In a move to strengthen circular economy practices and bolster sustainable development in the Jordan Valley, Jordan’s Ministry of Interior, in partnership with the United Nations Development Programme (UNDP) and with funding from the European Union, has officially inaugurated a plastic recycling facility in Deir Alla. The new plant, designed …
Quadpack has announced the expansion of its injection-moulding capabilities at its Kierspe manufacturing site in Germany to include the production of PET dip-in lip gloss bottles. The investment marks a significant step in the company’s ongoing strategy to localise production for the European market and strengthen its presence in the colour cosmetics …
