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Coveris sells Paper Packaging Division to Kingswood fund

Coveris sells Paper Packaging Division to Kingswood fund

Coveris has signed an agreement to sell its Paper Packaging Division, comprising label and board activities, to US private equity fund Kingswood Capital Management. After completion of the transaction, the company will focus on flexible packaging in the EMEA region.

PZPTS: Price as the only criterion - a quiet threat to the economy

PZPTS: Price as the only criterion - a quiet threat to the economy

In the procurement policies of many State Treasury companies in recent years, a model has become entrenched that at first glance appears rational and “cost-effective”. In practice, however, it has proven to be one of the most destructive mechanisms for Polish and European industry.

Beaulieu International Group acquires IFG Asota GmbH

Beaulieu International Group acquires IFG Asota GmbH

Beaulieu International Group has signed an agreement to acquire 100% of the shares in Austrian company IFG Asota GmbH, strengthening its fibre division in the synthetic staple fibres segment for technical and nonwoven applications.

Gabriel-Chemie opens new sales office in Nairobi

Gabriel-Chemie opens new sales office in Nairobi

The Gabriel-Chemie Group announces the launch of a new sales and logistics location in Nairobi, Kenya, in spring 2026, strengthening its presence in the rapidly growing plastics and packaging market in Sub-Saharan Africa.

Restructuring of German DOMO Chemicals companies

Restructuring of German DOMO Chemicals companies

Three German companies of the DOMO Chemicals group have filed for insolvency, and the preliminary insolvency administrator is analysing restructuring scenarios while maintaining ongoing operations.