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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.
Progroup has started production at its PW14 corrugated sheetfeeder plant in Stryków, Poland, which can produce up to 200,000 tonnes of corrugated sheetboard. The EUR 72 million project created 50 jobs.
Thimm, a packaging and display manufacturer, invested around ten million euros to expand its Všetaty plant in the Czech Republic with a new 134-metre MF-A corrugator from BHS Corrugated. The installation raised corrugated cardboard capacity at the site by up to 30%.