Progroup's new corrugated board plant PW15 in Petersberg, near Pirmasens, has been in routine production since early August 2024, with capacity of up to 200,000 tonnes per year and 60 new jobs and training positions.
The shareholders of Landefeld Druckluft und Hydraulik and Landefeld Beteiligungsgesellschaft sold their minority interest in the companies to Viessmann Generations Group, with Grant Thornton advising the sellers. The deal was reported on 7 August 2024; no value was disclosed.
The DUBAG-managed LEO III fund acquired Ampack GmbH and Osgood Industries from Syntegon, a CVC portfolio company. Ampack and Osgood make form, fill and seal machines for cups and bottles used in food packaging.
Endress+Hauser is investing over 100 million euros in its Maulburg production site in southern Germany under the Campus 2030+ project. The first construction phase is scheduled for completion in 2027.
Wepoba Wellpappenfabrik, part of the Panther Group, has bought an adjacent property in Wustermark and plans a double-digit million euro investment to expand its logistics center. The planned automated high-bay warehouse would raise storage capacity from about 15,000 to 30,000 pallets.
Wateralia, an Ambienta platform company, has completed its acquisition of Calpeda Pumpen, an established German pump distributor for the water sector. It is Wateralia's fourth buy-and-build deal and strengthens its German distribution network.
BEL Valves has delivered six API 6DSS subsea gate valves to SubseaDesign for the pipeline end manifold of the Wilhelmshaven LNG terminal, which aims to import 8.5% of Germany's gas demand. The valves were manufactured at BEL Valves' Newcastle upon Tyne facility.
Antalis GmbH bought Hein Verpackungen GmbH, a family-owned packaging company in Traunfeld, Germany, and assigned it to its Antalis Verpackungen unit. The move is intended to secure the site and existing jobs.
Alstom has commissioned Knorr-Bremse to supply braking, entrance and sanitary systems for 42 Coradia Max EMUs for regional rail in Schleswig-Holstein, with options for 55 more trains. Deliveries run from early 2025 to the end of 2027.
Walki completed an investment of more than EUR 6 million in a new production line called The Bridge at its Steinfurt plant in Germany, to make recyclable fibre-based barrier board and flexible packaging.
Bürkert Fluid Control Systems officially commissioned a new 6,000 square metre building with an automated small-parts warehouse in Öhringen, part of a 20 million euro investment. The buildings have been ready for use since June 2024.
Mitsubishi agreed a sales contract with Klingele Paper & Packaging Group for a four colour EVOL 100 flexo folder gluer with an MPF-M pre-feeder. The machine will be commissioned at Klingele's corrugated box plant in Werne, Germany, with delivery scheduled for summer 2025.
Landefeld, a supplier of pneumatics, hydraulics and industrial components, completed the acquisition of Köly, a German manufacturer of pneumatic rotary actuators. Financial terms were not disclosed.
Zotefoams agreed with Südpack in Ochsenhausen, Germany, for Südpack to manufacture the extruded flexible polymer material used in ReZorce cartons, adding up to 100 million cartons of annual capacity. The initial agreement runs three years.
NOVAPOR is adding 2,000 square meters of warehouse and manufacturing area at its Kaltenkirchen, Germany facility, with completion scheduled for the end of 2024 to increase capacity and shorten delivery times.
Maschinenfabrik Reinhausen is investing around EUR 20 million to add three production bays in Regensburg, Germany, expected in operation by mid-2025, raising capacity by 25% by 2025.
Progroup has taken over the Sappi Stockstadt GmbH site in Stockstadt am Main and plans a state-of-the-art corrugated base paper plant with around 200 jobs by the end of the decade. Dismantling of the old Sappi plant is expected to finish by the end of 2026.
KSB will invest €60 million over five years to modernise and expand its Eta pump production facility at its Frankenthal headquarters, with the work to be completed by 2029. The investment will proceed without requested government subsidies.
Alpla Werke Lehner inaugurated a new production and warehouse hall at its Exter site in Vlotho, Kreis Herford, after investing about EUR 30 million in the site's modernisation and new building.
Nidec GPM Merbelsrod is investing 14 million euros in a new plant in Merbelsrod, southern Thuringia, and is hiring new staff. The plant is being built in record time.
TD Deutsche Klimakompressor (TDDK) held a topping-out ceremony for the sixth construction phase of its Bernsdorf, Saxony plant, adding 17,500 sq m of building area for electric refrigerant compressors, with the shell due to be completed by end 2024.
TDDK announced on April 8, 2024 that it will expand its Straßgräbchen plant near Kamenz into the largest electric automotive climate compressor production site in Europe. Mass production is due to start in 2025, and capacity will rise from six to eight million compressors a year. Investment size has not been disclosed.
VINCORION signed a contract to deliver more than 700 EPG huskyV W 600 onboard generators for the Boxer wheeled tank, worth about EUR 12 million, with further orders expected.
Atlas Copco acquired Germany distributor Druckluft-Technik-Nord, which joins Pacific Sales & Service in its Service division. The price was not disclosed.
Viessmann Climate Solutions has started series production of the Vitocal 200-A PRO air/water heat pump for commercial use on a new production line at its Landsberg am Lech site, with capacity for four-figure annual volumes.
Duni Group increased its ownership of Munich-based reuse company Relevo from 24.51% to 50.02%, consolidating it into its food packaging business area.
JEAN MÜLLER is investing a further €10 million in its Eltville production site to add about 8,000 square metres of production space, modernize logistics and buy new machines. Construction began in early 2024 and completion is planned for autumn 2024.
Bwv-Wellpappenmaschinen Vertriebs-GmbH completed the acquisition of a 30% stake in BHS Corrugated Maschinen- und Anlagenbau GmbH from Bobst Group SA on February 29, 2024. Financial terms were not disclosed.
Vilsa-Brunnen Otto Rodekohr GmbH is acquiring the Tetra Pak carton business of Gehring-Bunte under the Christinen Brunnen Carat brand and reactivating its production site in Bruchhausen-Vilsen, where carton filling starts in May.
Osnabrück-based copper alloy maker cunova agreed a business combination with SPAC SDCL EDGE Acquisition Corp (NYSE: SEDA), listing on the NYSE, while acquiring KME Aerospace from KME Group; combined enterprise value about US$736 million, closing expected Q2 2024.
Bürkert broke ground on a new production and warehouse hall at its Öhringen, Germany plant, adding 5,800 square metres of floor space. The expansion includes an automated small-parts warehouse and increases production capacity.
Vilsa mineral water brand takes over the Tetra Pak filling business of Christinen, including the Carat brand and private labels, with about 35 million fillings a year.
Tricor, part of the Rengo/Tri-wall Group, held a groundbreaking ceremony for a new heavy duty corrugated packaging factory in Weeze-Goch, Germany, with production set to start in July 2025.
TRICOR Group held the groundbreaking for a €170 million heavy corrugated board plant in the Weeze-Goch region of Germany, expected to employ more than 200 people.
Israeli bag-in-box maker Aran Group is acquiring a majority stake in IBA Germany, a maker of flexible IBCs based in Luhne, Germany. The deal aims to open new markets and strengthen Aran's presence in Europe.
GEA Group will invest about €5.5 million by 2026 to modernize production at its GEA AWP valve plant in Prenzlau, Germany, replacing seven older machines and adding about 20 production jobs.
GEA is investing around €5.5 million to modernise industrial refrigeration valve production at its AWP site in Prenzlau, Germany, replacing older machining centres with new CNC machines. The investment will add 20 production jobs by 2026.
Bayern-Fass Group subsidiary Rhein-Fass expanded its Ludwigshafen production with new halls and an IBC cleaning line commissioned in July 2023, tripling daily reconditioning capacity.
Global packaging company TricorBraun announced it has acquired Germany-based glass packaging provider Glassland, expanding its German glass packaging business. The announcement was made on January 9, 2024.
Trioworld Group signed an agreement on December 30, 2023 to acquire Wentus GmbH from Clondalkin Group, which was owned through Egeria. MP Corporate Finance advised the seller on the sale.
LESER is expanding its production building in Hohenwestedt, Germany, which is described as the world's largest facility of its kind for safety valves. The construction project runs until 2032.
Kyoto Group signed a term sheet with Klingele Paper and Packaging Group to deliver a Heatcube molten salt thermal energy storage system to its corrugated board plant in Werne, Germany. The purchase agreement is targeted for April 2024 and depends on public grants.
Packaging maker Thimm is investing more than EUR 3 million in a new Mastercut 2.1 flat-bed die-cutter from Bobst at its Castrop-Rauxel site. The machine adds capacity of 25 million square metres of corrugated board per year.
Piller Blowers & Compressors is investing a low double-digit million euro sum in a new workshop, warehouse and office building at its Moringen site in Germany, with construction starting in Q2 2024.
Rheinmetall received a new order for several hundred thousand CWA 2000 high-voltage electric coolant pumps for 800V applications from an unnamed automaker, worth a mid-double-digit million euro figure. Production starts in 2025 and runs to 2030.
MULTIVAC Group announced a new 35,000 square metre production factory in Wolfertschwenden, Germany, for manufacturing parts and handling spare parts logistics, with a total investment of around EUR60 million and completion due by end of 2025.
Tricor Group named Philipp Kosloh, former COO of Progroup AG and general manager at Smurfit Kappa, as CEO effective 1 December 2023, succeeding Robert Wiblishauser.
Tricor Group plans to invest €170 million in a new plant near the Dutch border in the Weeze/Goch region, with start-up in Q3 2025 and capacity of up to 200 million square metres of corrugated board per year.
Atlas Copco agreed to acquire KRACHT GmbH, a German maker of external gear pumps, fluid measurement, valves and hydraulic drives, with about 440 employees and 2022 revenues of about 72 million euros; closing is expected in Q1 2024.
SIG has opened its €10 million Packaging Development Center Europe at its packaging plant site in Linnich, Germany, on or around 28 November 2023.