SIG

SIG has been chosen by Hochwald as preferred partner for a new dairy production site in Mechernich, Germany. SIG will supply 15 aseptic filling machines for the plant, which will process over 800 million litres of milk per year starting in 2022.

France Air Group announced it is entering the final stage of an agreement to acquire SIG Air Handling, a division of SIG plc, for €222.7 million. The transaction is subject to regulatory approval and expected to close in Q1 2020.

SIG will acquire Visy Cartons from Visy Pak Operations, a subsidiary of Pratt Consolidated Holdings, for $70 million. The deal is expected to close during the fourth quarter of 2019, expanding SIG's Asia Pacific operations in the aseptic beverage carton market.

SIG will construct a €180 million second production plant in Suzhou, China, to meet growing demand for aseptic carton packaging in Asia-Pacific. The 120,000m² plant is expected to be operational in early 2021.