Loading…
Coveris has acquired GEFO Folienbetrieb, a producer of cast polypropylene (CPP) films based in Gera, Germany, expanding its CPP film capabilities. The price was not disclosed.
Kingswood Capital Management completed the acquisition of Coveris' paper business unit, which will now operate as Paranova Print and Packaging in the United Kingdom.
Coveris announced an agreement to sell its paper business unit, a divestiture intended to focus the group on core EMEA flexible packaging activities.
Coveris is investing £5 million to triple the production footprint of its St Neots packaging site in Cambridgeshire, UK, to about 3,158 sqm. The project, begun in October 2024, adds capacity for around 700 million recyclable food-to-go packs a year.
Coveris is investing in its Winsford, Cheshire polyethylene extrusion site, adding a nine-layer blown EVOH barrier film line, a cast stretch film line and a 5,000-pallet warehouse. The cast line is set to start production in December 2024 and the warehouse is expected to be fully operational by the end of Q1 2025.
Coveris is investing £5 million in its St Neots packaging facility in Cambridgeshire, UK, to scale up recyclable food-to-go packaging production. The expansion starts in October 2024 and is due for completion in Q1 2025.
Coveris announced a £5 million investment to triple the production space of its St Neots, Cambridgeshire, food-to-go packaging site from 1,000 to 3,158 square metres. The project starts this month and is expected to complete in Q1 2025.
Packaging maker Coveris has completed a physical power purchase agreement with CE Rigmuir, sourcing wind power from a 13.5 MW project in East Kilbride, Scotland, to cover its 18 UK sites from 1 September 2024.
Packaging firm Coveris and UPM Raflatac will supply a recyclable label liner to UK food producer Cranswick, replacing PET release liner on cooked meat packs. The partners say the change cuts carbon emissions by 20%.
Coveris has installed a five-layer coextrusion extruder at its Montfaucon plant in France to increase capacity for shrink and stretch hoods with recycled content. The equipment was recently acquired and the site was redesigned to accommodate it.
Packaging firm Coveris invested £500,000 in new hi-tech equipment at its Hartlepool plant to produce branded tamper-evident bags for Covid-19 test kits, creating 20 new jobs.
Coveris acquired UK-based flexibles manufacturer Four04 Packaging in May 2021; the price was undisclosed.
Coveris acquired specialty bag manufacturer Initial Packaging, reported on March 4, 2021.
Coveris has invested about £3.5m to add a second re-equipped factory to its Amberley Labels business, installing two new MPS label presses at its Boston, Lincolnshire site. The site will be rebranded Amberley Labels Boston in September.
Coveris is installing a 5-layer specialist agri extrusion line at its Kufstein plant in Austria to expand agri film capacity, with commissioning planned for Q2 2020.
Private equity firm Lindsay Goldberg acquired packaging maker COVERIS Rigid from Coveris and Sun Capital Partners, and the company will be rebranded as PACCOR. COVERIS Rigid has 18 plants and 3,500 employees in Europe and the USA. The deal was reported on 2018-08-01 and no deal value was disclosed.
Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.
Transcontinental Inc. has acquired Multifilm Packaging Corporation, a flexible packaging maker in Elgin, Illinois, near Chicago, employing over 70 people and serving high-end confectionery markets.
Coveris has bought two Hosokawa Alpine coextrusion lines from Gelpack Excelsior.
