Hoffmann Neopac has invested €4 million (US$4.5 million) in a new tin production line for baby milk powder at its Netherlands facility. The line is already operating and serving a major customer.
Hoffmann Neopac is investing in a three-piece canmaking line at CM Packaging's facility in Dronten, the Netherlands, adding capacity for the infant food sector. No amount was disclosed.
VPK Packaging bought land and buildings with a total size of 20,000 square metres opposite its Raamsdonksveer factory in the Netherlands to replace two external warehouses. No purchase price was given.
Lelystad-based packaging company DaklaPack Group completed a refinancing with Deutsche Bank in October 2018, with credit facilities of about EUR 9 million to support growth and property purchase.