The packaging supplier increased its revenue by more than 17% to US$1,053 million compared to 2017, and by more than 21.2% to US$287.7 million in the fourth quarter of 2018 compared to Q4 2017.
Olympus also owns protective packaging film maker Pregis.
Berry’s offer trumped a rival purchase offer made by private equity firm Apollo Global Management, and will create one of the world’s largest plastic packaging companies.
The two packaging technology providers are teaming up to help brand owners launch
commercially-successful packages faster via turnkey assistance.
The approval is conditional on the divestment of Bemis’ medical packaging business in Europe to address the E.C.’s concerns over competition.
Leonard held various positions at the Packaging Association of Canada, and most recently worked as business manager for the packaging division of SGS/Evolution Designworks.
The launch of the new, high-speed metallization equipment is the next phase of Toray’s multi-year growth plan first announced in 2016.
Headquartered in Wisconsin, HFM produces packaging solutions for cosmetics, personal care, pharma, food, and industrial applications.
Effective April 1, Orive will replace outgoing president and CEO Dennis Jonsson.
The retail giant has released a new Charter on Plastics, which it says builds on its 2016 commitment to have 100 per cent recyclable private brand packaging by 2025.
The deal is intended to boost Constantia’s position in the Russian pharma packaging industry.
The Germany-based company is investing $25 million to boost global production capacity for pharmaceutical and medical device packaging films at its manufacturing facility in Louisa County, Va.
Officially launched in December, the new machine adds to Brampton, Ont.-based Alpha Poly’s flexible packaging capabilities.
TricorBraun will combine Pacific Bag with its existing flexibles business, Taipak, to create TricorBraun Flex, a new business unit focused on flexible packaging.
A new regenerative thermal oxider installed by Ship & Shore Environmental reduces emissions at the company’s Richmond, B.C. plant by more than 90 per cent.
The deal is designed to expand Montreal-based Intertape Polymer’s woven business by giving it increased access to the U.S. market and a new facility in India.
Ben Korving is the winner of the Create Your Canada contest, which allows people to submit ideas for new laws – and his idea was to reduce single-use plastics in food packaging.
To hit this target, the company is expanding its relationship with recycled resin supplier Plastrec Inc., of Joliette, Que.
Alan Jope, currently the president of Unilever’s beauty and personal care division, has been appointed as successor.
A 30-year finance veteran, McCarthy will oversee all aspects of the global packaging supplier’s financial functions, and will be based out of the company’s office in St. Louis.