Vol. 21 No. 18 FLEX Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com ® Global Packaging M&A Activity Surges by Mesirow Financial All4Labels Acquired By Triton An N.V. Publication Market News
September 2, 2019
Funds advised by Triton reached an agreement to acquire a stake in All4Labels – Global Packaging Group (“All4Labels”), Frankfurt, Germany. Triton will invest together with the current management of All4Labels who will continue to run the busi- ness while the minority shareholder Genui Partners will sell its shares. The owner families will stay all invest- ed and will continue to support fu- ture growth of All4Labels. Triton will bring additional capital and industry expertise to support the expansion strategy of All4Labels. The financial terms of the transaction were not disclosed. Regulatory approvals and other customary closing conditions are underway. Providing Labels All4Labels, headquartered in Ham- burg, provides pressure sensitive, shrink sleeve and security labels as well as flexible solutions. All4Labels has been a long-standing partner for major local and international compa-
M esirow Financial’s Packaging Perspectives, a periodic news- letter delivering perspectives on the latest trends and activ- ities affecting the packaging M&A landscape, has been released. It presents a mid-year review of 2019 and offers forecasts for the second half of the year, as well as other notable industry news.
Global packaging merger and acquisition (“M&A”) deal volume surged in the first half of 2019, reaching its highest level since 2015. In line with volume, deal value climbed to $15.0 billion in the first half of 2019, compared to $9.7 billion in the first half of 2017 and $12.5 billion in the first half of 2018, point- ing to a trend of increasing deal activity in the segment. Factors positively impacting the packaging sector include the rise and prominence of e-commerce, specifically Amazon and its ship-in- own container initiative, as well as flexible packaging becoming more prevalent in the pharmaceuticals and food sectors, two areas that are notably recession-resistant.
(Cont’d on Page 3)
For exclusive content and breaking news p lease visit www.flexomarketnews.com
(Cont’d on Page 5)
Anderson & Vreeland’s Technologies Team knows first-hand the pre-press challenges faced by printers and converters. Don’t overlook the important elements and trust us to offer some sage advice on how to take action before the plates land on a press. Learn more at andersonvreeland.com /prepress Key Tools for Prepress Performance
Partners in Flexo Innovation.
firstname.lastname@example.org 866 282.7697
All4Labels Acquired (Cont’d from Page 1)
nies in Europe, Latin America, Africa, and China. It has a global network of 29 production sites and more than 3,000 employees. The Triton funds invest in and supports medium-sized businesses headquartered in Europe. Its portfolio cur- rently includes 38 companies with combined sales of around $16.3 billion and has around 72,500 employees. TLMI Discounts Label Academy Development Tools TLMI has announced that association members will receive major discounts when purchasing Label Acad- emy training program books. The books are available at discounts of up to 50 percent in the website’s Engage member portal within the workforce development section of the website. The Label Academy initiative was set in place as a response to the reduction of dedicated academic print programs at colleges and high schools throughout North America and Europe. The goal of the Academy is to offer a standardized training process for label printers across the globe in addition to specific mod- ules that focus and address individual applications and technologies.
ROLLING KEEPING YOU SECONDS TO BEING BACK IN PRODUCTION
PERISTALTIC PUMP Model PQS With Quick Change Head Change colors in seconds without any tools .
By working together we’ll help you pick the right equipment for your needs—and we stand behind it. With a generous warranty, our products are built to last. So you can relax and get back to doing what you do best.
1-888-472-9645 • Graymills.com
Flexo Market News September 2, 2019 3
Visitor Registration Opens For Labelexpo Asia 2019 Visitor registration is now open for Labelexpo Asia 2019. Held at the Shanghai New International Expo Centre (SNIEC) from 3–6 December 2019, the 9th edition of the biennial show will for the first time fea- ture an exclusive Flexpack area, dedicated to flexible packaging. The new Flexpack area will showcase the latest tech- nology in flexible packaging. Visitors will get to see in- line presses in action, as well as learn about the latest innovations in inks, coatings and surface treatments such as corona for flexible packaging and laminating films. Ancillary machines will also be demonstrated, such as high speed slitting equipment for master flexi- ble packaging rolls, amongst many others. “China is the second largest producer of packaging in the world, with flexible packaging one of its biggest growth areas,” said Lisa Milburn, managing director of Labelexpo Global Series. “This is due to changing con- sumer lifestyles and choices driving a continued indus- try trend towards shorter runs. It therefore felt right to expand the show by introducing a dedicated Flexpack area at Labelexpo Asia 2019, where Chinese printers and brand owners who may be moving into this area can source the solutions they need.”
SAFETY FIRST® Magnetic Blade Guard
Protect Pressroom Staff & Blade’s Critical Edge
Prevents accidents when working with blades Ideal addition to Pressroom Safety Plan Easily removable & reusable Prevents damage to blades edge Pairs well with SAFETY + FIRST ® blade gloves
(800) 756-6474 email@example.com
To learn more visit www.flxon.com
4 September 2, 2019 Flexo Market News
Packaging M&A (Cont’d from Page 1)
The average multiple of publicly traded plastic pack- aging companies reached 11.6x, the highest point of this decade. The average multiple of publicly traded paper packaging companies decreased to 7.7x, largely driven by the corrugated industry, which experienced a simultaneous increase in containerboard capacity and decline in containerboard pricing. Despite fears of a recession due to the unprecedent- ed length of this bull market, we do not see any imme-
ANILOX THAT EXCEED EXPECTATION
diate issues that we expect to negatively impact the market for the remainder of this year and into 2020. The Federal Reserve’s recent interest rate cut has both dramatically changed the overall outlook for financial markets and the global economy, instilling confidence in the M&A market. The packaging sector continues to see increased in- vestments from public companies and private equity, with valuation levels nearing all-time highs. With M&A activity in the plastics and packaging sector remaining strong, it is worth noting the most active sectors driv- ing overall packaging deal volume: corrugated, flexible packaging, labels and rigid plastics. Corrugated Corrugated deal activity remains robust and multiples remain at record levels as industry participants contin- ue to focus on increasing integration levels. Over the past year alone, there have been 24 transactions in the U.S. corrugated market. One of the larger corrugated M&A deals in the first half of 2019 was DS Smith’s ac- quisition of Papeles y Cartones for $2.2 billion. Growth of e-commerce continues to drive increased demand of corrugated packaging. Retail giants such as Walmart and Best Buy are attempting to compete with Amazon in the online retail space by decreasing their shipping costs through reducing the material weight of their packaging. The Future of Corrugated Packaging estimates that $20 billion worth of corrugated materi- als are used in the e-commerce sector as a whole. With
Thanks to our growing customer base, Pamarco continues to expand capabilities. Our reputation is based on consistency and dependability. Let us demonstrate how Pamarco can become an important partner in your success.
Contact us today for your Pamarco Anilox Products firstname.lastname@example.org or 404-691-1700
www.pamarco.com email@example.com +404-691-1700
(Cont’d on Page 11)
Flexo Market News August 5, 2019 5
AICC To Offer Flexo Printing Seminar
AICC, The Independent Packaging Association, is hosting Best Practices for Flexographic Printing: Rais- ing the Standard, January 29-30, 2020, at the PrintCon Center at Clemson University in Clemson, South Caro- lina. This course takes the challenges out of high-qual- ity flexographic printing on corrugated substrates and combines classroom training with time on press.
Flexo Wash is laser focused
AICC To Host Disruptive Change Webinar Series
AICC, The Independent Packaging Association, is host- ing a three-part webinar, Thriving Through Disruptive Change, November 13, November 20, and December 4. This webinar will help companies create a culture of learning that will encourage employees to strive for constant improvement and grow the company. The first webinar, Leading Through Change & Disruption, addresses the ever-accelerating pace of change. Organizations need to adapt quickly to thrive. To do this, leaders must develop and nurture an internal culture that increases flexibility, adapt- ability, and learnability. This webinar will review a five-step process to achieve a flexible, adaptive, learning organization that is poised to thrive in any environment, discuss how Google’s three principles for creating a great culture can be applied to any or- ganization, and give attendees a better understand- ing of the relationship between culture, leadership, and personal development as the foundational com- ponents for success. The Success Snowball Effect - A Culture of Person- al Development, the second webinar, explains that during disruptive times a company’s culture must sup- port ongoing personal development, which creates a development path from“needs constant management” to “takes responsibility” to “takes ownership.” This ac- celerates a company’s productivity, profitability, and engagement while diminishing stress and conflict. This webinar will discuss the two essential ingredients and the three-step process for developing a culture of per- sonal development and will debunk the myths that keep companies from committing to a culture of per- sonal development. The final webinar, People - Your True Competitive Advantage, will recognize that savvy leaders know it is their people who select, develop, maintain, and grow the company. This webinar will give a deeper un- derstanding of personal development, explain how to communicate the personal development for organiza- tional success, define how to set appropriate and spe- cific personal development goals for each individual.
Introducing the Flexo Wash Laser Anilox Roll Cleaners
Lightning at your command, NEW from Flexo Wash Harnessing the power of light for a complete clean: • Deep Cleaning • No Ongoing Consumables or Waste • Easy Front-Loading of Anilox Lower your printing costs without compromising your cleaning results. Clean is clean. With Flexo Wash you choose how! flexowashus.com 888-493-5396
6 September 2, 2019 Flexo Market News
MULTI-TECHNOLOGY AND VERSATILE MACHINES
WATER BASED: ADDED VALUE SOLUTIONS.
Uteco range of coating and laminating machines offers high performance solutions in different and customized configurations at the most competitive costs of investments.
WWW. U T E CON A . COM
UTECO: NOT ONLY FLEXO
UTECO NORTH AMERICA • 3400 TOWN POINT DRIVE SUITE 160 KENNESAW, GA 30144 - USA • PH.: (770) 427-4100 • NORTH_AMERICA@UTECO.COM
Albéa Invests In Nilpeter Presses
Sustained solutions to your most pressing pressroom concerns.
Albéa, a global manufacturer of laminate tubes for cosmetics and oral care packaging, has further invest- ed in Nilpeter technology with the acquisition of new FA presses for company sites in India, Brazil and Po- land. Most have already been installed, with installation currently taking place in Brazil. The collaboration between the two companies dates back to 2008 when Albéa, through their former UK di- vision, Betts Group, acquired two original FA-4 flexo presses for locations in India and Indonesia. Interested in adding new technology, the Albéa head office in France reached out to Nilpeter once again, and after a comprehensive vetting process with testing and trials chose Nilpeter’s All New FA to be installed in India, Poland and Brazil. In addition to the advanced technology of the new FA, the ease of use and press performance with tough laminate tube materials, Albéa emphasized Nilpeter’s global support setup, worldwide reach, and 24/7 hotline for troubleshooting and live technical assis- tance. The new FA-presses will be put to use in the fields of laminate tubes for oral care packaging, cos- metics, pharmaceuticals, and other various personal care applications. Pre Print Flexo Press Market To Show Steady Growth The increasing use of flexographic printing for label- ling and packaging is driving the global preprint flexo presses market, predicts Fortune Business Insights in its new report. The report is titled Pre Print Flexo Presses Market: Global Market Analysis, Insights and Forecasts 2019 – 2026”. The report foresees the mar- ket to witness remarkable growth in the near future on account of increasing demand from end use indus- tries such as food and beverage and e-commerce. According to the report, the global preprint flexo presses market is anticipated to rise at a steady Com- pound Annual Growth Rate of 2.73 percent and reach a valuation of $9,681 million by 2026. Earlier, the mar- ket value was worth $7,832.5 million in 2018, show- ing steady growth in the coming years. The increase in demand for high-quality multi-color designs and printing on corrugated boxes and cartons is driving the market for preprint flexo presses. The rising demand for cost-effective and efficient printing including materials such as plastic, non-woven, and woven materials other than simply paper printing is a major factor contributing to the growth of the global preprint flexo presses market in the coming years.
We begin with an investigation that benchmarks the most common causes of waste/downtime andtheircostsincluding:
Job Changes Mid-run Press Stops Customer Complaints Excess Blade Consumption Inadequate Best Practice SOPs
Anilox/Cylinder Wear and Damage Print Defects Like Dirty Print, Streaks Lack of On-going Compliance Training AftercarefulROIanalysis,wehelpyoudevelop and implement a sustainable solutions plan.
Exceptional Quality. Superior Results. Guaranteed.
Ask About Our Proven Track Record!
FLXON INCORPORATED (800) 756-6474 To learn more visit www.flxon.com
8 September 2, 2019 Flexo Market News
Show To Spotlight Indian Corrugated Market IndiaCorr Expo–SinoCorrugated 2019 will take place from September 5-7, 2019, at India Expo Centre, Great- er Noida. This year, IndiaCorr Expo will feature new-to- market machineries, raw materials and ancillary equip- ment along with international pavilions. The show will continue to feature the ICCMA Congress, an industry initiative where thought-leaders will deliberate on challenges and opportunities faced by the industry while offering them networking opportunities. Spreading over 10,000-square meters of commer- cial space, IndiaCorr Expo and India Folding Carton will be a home to about 260 exhibitors from India and overseas, addressing the needs of corrugated box manufacturers, converters, corrugated box and relat- ed packaging designers, industry consultants, printers, converters and end-users. Being held alongside IndiaCorr Expo will be India Folding Carton, catering to the box-making and fold- ing carton industry. It is a focused event on folding carton business and for post-print manufacturing equipment and consumables from the folding car- ton industry. Package converters, paper box manu- facturers and printers attending India Folding Car- ton will witness solutions such as carton making
equipment, paper bag manufacturing equipment, software, testing equipment, paper, printers- digital, offset, flexographic, lamination solutions, inks and other consumables. The show will also feature India Flexography Expo, a unique platform bringing together a wide range of solutions ranging from raw materials to machinery. Attendees will benefit from solutions on display such as flexo printing machines, flexo rolls, flexo inks (wa- ter-based), adhesives, lamination solutions, paper, dyes, plates, conveyer belts, plate making machines, ancil- lary equipment among others. Wink Acquires Jeurink, ImaPack Wink has acquired Bandstahlschnitte Jeurink, a steel rule die maker based in Neuenhaus, Germany, and its Munich, Germany-based subsidiary ImaPack Stanzfor- men, as it seeks to expand in the packaging market. Wink emerged from Bandstahlschnitte Jeurink in 1989. At that time, Wilfried Jeurink, who had worked in his father’s company for many years, set up his own business with Wink. In 2006, Ferdinand Oetker, Gün- ther Skrzypek and Alan de Natris became new Wink shareholders.
Flexo Market News September 2, 2019 9
WestRock Supports Walmart’s Endless Aisle Capabilities WestRock is supporting Walmart in delivering custom- ers through “endless aisle” technology in select stores throughout the country. Endless aisle technology allows shoppers to move seamlessly from physical to digital environments — if something isn’t available on the shelf, they can order it through a nearby touchscreen. “We’re partnering with our customers to leverage in- store merchandising as a bridge to the digital environ- ment,” said Stephen Brown, Vice President, Merchan- dising Displays, WestRock. “On a fundamental level, the role of merchandising displays has always been to guide the consumer to the best possible retail experi- ence. And that’s exactly what endless aisle technology allows us to do.” Enabling Shoppers The WestRock Merchandising Displays team has been collaborating with Walmart to develop endless aisle kiosks that enable shoppers to browse and purchase products not available in the store. The adjustable five-to- six-foot tall touchscreens were designed at WestRock’s design center in Bentonville, Arkansas, and manufac- tured at its Forest City, North Carolina, merchandising displays plant. Initial pilot testing was conducted at Walmart’s Intelligent Retail Lab (IRL) in NewYork. “With the endless aisle, the store can be a place to in- spire and engage, as well as an access point for broad- er commerce, while fulfillment can take place shortly thereafter,” said Leon Nicholas, Vice President, Retail Insights and Solutions at WestRock. “The endless aisle provides the best of both worlds, a way for retailers to bridge the physical and digital divide that acknowl- edges shrinking footprints while not limiting shopper choice.” The other benefit to endless aisle technology is for retailers; by studying the data from the kiosks, they can learn an exceptional amount of information about shopping patterns and consumer preferences,and fur- ther optimize both the omnichannel retail experience and the supply chain that underpins it all. When retail- ers are able to curate a shelf more efficiently, they can significantly optimize their supply chain. Recently, WestRock has utilized “quizzification” tech- niques, mobile app push notifications and QR or Digi- marc code integration as part of its larger Connected Packaging platform to provide an even more personal- ized approach. Endless aisle solutions are reportedly helping retail- ers resolve the challenges posed by smaller store foot- prints and the increasing demand for a more custom- ized shopping experience.
Flexo Market News
Adheso-Graphics, Inc. www.adheso-graphics.com
AGI manufactures, distributes and converts current technology flexo mounting tapes and backing systems for corrugated plate mounting. Flexstik hard vinyl, FlexSoft, bi.esse brand, Gold Series Thin tapes for sleeve and Narrow web plate mounting. Specialty tapes that cover the vast thickness range re- quirements and specific adhesion systems for all flexo mounting requirements. We provide technical service and problem solving services for unique customers & applications. A&V manufactures a complete line of photopolymer plate processing systems and is a leading distributor of flexographic platemaking materials. A&V also sells digital imaging systems and software specifically designed for flexography. ARC International www.ARCInternational.com ARC International is a world leader in the manufacturing of roller products for flexography. The latest nanotechnolo- gy laser engraving in our Charlotte and Las Vegas manu- facturing facilities ensures superior quality and consistency in anilox rollers. Comexi Group Industries S.A.U. www.comexigroup.com The Comexi Group is a leading supplier of quality flexographic C.I. presses for the flexible packaging indus- try worldwide. We also provide solventless laminators, slitter/re- winders and related peripheral equipment such as automatic wash-up systems, solvent recovery systems, automatic roll unloaders, and plate cylinder/sleeve storage systems. DuPont Packaging Graphics www.cyrel.com/na DuPont Packaging Graphics is the world’s leading sup- plier of flexographic printing systems in digital and con- ventional formats; including Cyrel® brand photopolymer plates, Cyrel® FAST processing equipment, Cyrel® round sleeves, mounting and finishing products. For more than 35 years, beginning with Cyrel®, the first photopolymer printing plate, through to today’s digital workflow revolution, DuPont has been driving innovation in the Flexo and package printing industries. The Digital Cyrel® FAST imaging system has been broad- ly recognized for its efficiency, productivity, print perfor- mance, and environmental benefits. Anderson & Vreeland, Inc. www.andersonvreeland.com
10 September 2, 2019 Flexo Market News
Packaging M&A (Cont’d from Page 5)
the expected annual growth rate of 14.3 percent in the e-commerce packaging market through 2022, corrugat- ed packaging is well-positioned for continued growth. Flexible Packaging The flexible packaging sector continued its strong growth trajectory in the first half of 2019 mainly due to increased technological advancements as well as conve- nience and customization efforts, making flexible pack- aging preferable to more consumer products than they were historically. M&A activity within the flexible pack- aging sector to date in 2019 has proven that the large in- dustry participants are willing and able to pay premiums for the industry’s niche companies in order to broaden capabilities and expand product offerings and geograph- ic reach. While large acquisitions, such as Amcor’s June purchase of Bemis Company, grab headlines, private equi- ty-backed flexible packaging companies are driving deal volume (see Table 2). C-P Flexible Packaging, PPC Flexi- ble Packaging and ProAmpac, all private equity-backed, are actively pursuing buy-and-build strategies. Relative to the other forms of packaging, flexible may have the most growth potential due to the value it adds in reducing food waste, extending shelf life and decreasing shipping costs. Rigid Plastics Rigid plastics continue to be a driver for the overall packaging materials sector as a result of their ability to remain cost-effective, lightweight and recyclable. Rigid plastics have benefited from the rise in demand for bioplastics in an effort to reduce carbon footprints while maintaining a durable, quality packaging option. Consolidation has become more prevalent in this sec- tor as investors are drawn to the consistent cash flows stemming from the rise in packaged and canned food consumption. The largest M&A deal in the first half of 2019 came from the rigid sector and included U.S.- based Berry Global Group and Europe’s largest plas- tic packaging company, RPC Group. The transaction boasted an enterprise value of $5.8 billion and repre- sented an EBITDA multiple of 7.6x. This transaction, like others in the sector, is an effort to take advantage of a fragmented global plastics market (see Table 4). Overall, 1H 2019 has seen increased deal volumes and premiums being paid by both strategic and pri- vate equity acquirers in an effort to consolidate core businesses and diversify product offerings. Outlook Heading into the second half of 2019, concerns over a potential market correction remain; however, ambi-
(Cont’d on Page 12)
Flexo Market News September 2, 2019 11
Flexo Market News
Packaging M&A (Cont’d from Page 11)
guity isn’t necessarily a bad thing for M&A markets, specifically in the packaging sector. We expect trends such as increased deal activity and robust valuations to continue as acquirers face challenges in organically growing top-line results and seek ways to drive growth through acquisitions. In the packaging industry, end markets such as food and beverage and pharmaceu- ticals tend to be recession resistant as well, adding to the confidence of the already dynamic M&A market within the sector. Look for sustained M&A activity in the packaging industry, driven by strong liquidity and the continued activity of large participants consolidat- ing their core businesses in an increased effort to re- turn capital and become more efficient. Industry Advisor Mesirow Financial has completed over 125 transac- tions in recent years. Recently, Mesirow Financial acted as the exclusive financial advisor to Proactive Packag- ing and Display, LLC, a portfolio company of CK Pearl Fund, on its sale to New-Indy Containerboard LLC, a joint venture between Schwarz Partners LP and Kraft Group LLC. Headquartered in Ontario, California, Pro- active is an award-winning producer of high-impact corrugated display packaging and merchandising for- mats for the retail environment. The company designs, manufactures and assembles custom packaging in a 240,000-square-foot facility using direct print and digi- tal presses capable of printing up to eight colors. New-Indy is a joint-venture that was formed in 2012 by the Kraft Group and Schwarz Partners, LP, two fam- ily-owned companies with long histories in paper and packaging. Today, New-Indy operates three recy- cled brown paper mills and eight packaging facilities throughout the United States. Mesirow Financial acted as the exclusive financial ad- visor to Flexo Transparent, LLC, a portfolio company of ORIX Mezzanine & Private Equity, a business unit of ORIX Corporation USA and Sidereal Capital Group, LLC, on its sale to C-P Flexible Packaging, Inc., a portfo- lio company of First Atlantic Capital, Ltd. Headquartered in Buffalo, New York, Flexo Transpar- ent provides multi-colored flexible packaging including custom-printed rollstock, bags, pouches and sleeves pri- marily for food grade and retail consumer products. The company’s manufacturing capabilities include flexog- raphic printing up to 10 colors with a wide-web prior- ity, laminations, bag and pouch converting, slitting and graphic design support services. C-P Flexible Packaging is a flexible packaging company serving stable food and consumer end-markets mainly focused on snacks, baked goods, confections and household chemicals.
Eaglewood Technologies, LLC www.eaglewoodtech.com
Eaglewood Technologies provides the award-winning Sitexco Laser Systems, Sanilox ™ Systems and Sani- Blast ™ Mobile Service. Sitexco Laser Systems are the latest technology in anilox roll cleaning and are perfect for packaging and label printers. Sanilox ™ Systems are the global standard of reliable, environmentally safe anilox roll cleaning. Sani-Blast ™ cleaning service has been cleaning rolls for over 20 years and offer several cleaning options to minimize downtime. Flint Group www.flintgrp.com Flint Group Flexographic Products develops, man- ufacturers and markets an extensive portfolio of printing consumables, including: nyloflex ® photopoly- mer printing plates and processing equipment, and dayCorr ® die-cutting blankets and anvil covers. With a strong customer focus, unmatched service and support, and superior products, Flint Group strives to provide exceptional value, consistent quality and continuous innovation to customers around the world. Harper Corporation of America www.harperimage.com We’ve made ceramic anilox rolls longer than any- one in the world and pride ourselves on being the best in the world. Whether wide web, narrow web, newspaper, or corrugated markets, Harper continu- ously strives to bring new flexographic products and services to the printing industry that will improve the
quality of your graphics. J I MacWilliam Co., Inc. www.jimacwilliam.com
Used equipment for flexible packaging, folding carton, paper, film, foil and non-woven industries. Professional, knowledgeable service for more than 30 years.
KBA-Flexotecnica – Get the Edge www.kba-flexotecnica.com/en/
Flexotecnica’s patented Safe Sleeve Change ® system and Speedy Clean ® auto washup system are designed to give converters a competitive edge through Flexotecnica’s commitment to research and development. Sales, service and support for Flexo- tecnica presses is provided by KBA North America, Inc. in Dallas, Texas with U.S. resident technicians, an extensive spare parts inventory and an experi- enced, dedicated service staff.
12 September 2, 2019 Flexo Market News
Sundström will continue in his current role for the time being and will leave Stora Enso during the first quarter of 2020. The exact date will be communicated once a successor is in place.
TRESU Ronni Nielsen has been named Vice President of TRESU Solutions. Nielsen has a long experience working for TRESU, beginning with an apprenticeship in 1997. With an academic and career background in mechanical engineering (B.Sc.), he has applied his expertise to designing flexo printing presses and has several years’ experience in selling advanced machines to both original equipment People & Places
Sundström joined Stora Enso in 2012 as CFO and took on the role as divisional head of the Paper and Wood Products businesses in 2013. He assumed the role of CEO of Stora Enso in August 2014.
Tesco Moves To Ban Brands Using Excessive Packaging Grocery chain Tesco has pledged to step up its efforts in the battle against single-use plastic with measures that include banning brands using excessive packaging. Dave Lewis, Tesco’s Chief Executive, said the company would “reserve the right not to list” products with too much non-recyclable packaging fromnext year onwards. Tesco gave suppliers a list of preferred materials in May 2018, but is now planning to turn up the pressure as public awareness of the possible envi- ronmental harm caused by plastic packaging grows, said the company.
manufacturers and end users. He returned to TRESU in 2017 as Area Sales Manager in EMEA (Europe, the Mid- dle East and Africa) and worked to develop the TRESU Solutions division, focusing on promoting flexo press- es for packaging applications with inline finishing. Stora Enso Karl-Henrik Sundström has informed Stora Enso’s Board of Directors that he is leaving the position of CEO. The Board has initiated the search process for a successor.
Industry Events printTHINK Summit Sept. 11-13, 2019 Hyatt Regency O’Hare Rosemont, IL Graph Expo 19 Sept. 22-25, 2019 Orange County Convention Center
TLMI Annual Meeting October 27-30, 2019 Omni LaCosta Resort & Spa Carlsbad, CA Labelexpo Asia 2019 December 3-6, 2019 Shanghai, China Pack Expo East March 3-5, 2020 Philadelphia, PA TLMI Converter Meeting March 8-10, 2020 Austin, TX drupa 2020 June 23 - July 3, 2020 Dussedorf, Germany
Orlando, FL Pack Expo September 23-25, 2019 Las Vegas, Nevada Labelexpo Europe Sept. 24-27, 2019 Brussels Expo Brussels, Belgium Print19 Oct. 3-5, 2019 McCormick Place Chicago, IL All in Print China October 24-28, 2019 Shanghai, China
GRAPH EXPO 20 October 4-7, 2020 Chicago’s McCormick Place, Chicago, Illinois Pack Expo International November 8-11, 2020 Chicago, IL
Flexo Market News September 2, 2019 13
People & Places BST eltromat Michael Nestle has been appointed Senior Sales Consultant for all regis- ter applications at BST eltromat In- ternational. Before the merger, Nestle was global sales director at eltromat for 25 years. Additionally, as of June 1, BST eltro- mat International has subdivided its global sales into a western and and eastern region.
Flexo Market News® is published bi-weekly by NV Business Publishers Corporation, in association with Board Converting News®, Corrugated Today® Recycling Markets®, International Paper Board Industry®, Folding Carton Industry®, and Board Converting News International. Marketing and Circulation offices: PO Box 802, Manasquan, NJ 08736-0802, Phone: (732) 245-3702. Subscription Rates in U.S. and Canada $60 per year or $105 for two years. Overseas rate per year $80 USD. Current issue single copies (pre-paid only) $5.00 in U.S. (elsewhere $7.50); add $5.00 per order for shipping & handling. No part of this publication may be trans- mitted or reproduced without permission from the publisher. Due to our continued growth, ARC International is now seek- ing inside and outside sales representatives. Candidates should have a working knowledge of Flexographic printing and be computer literate. Excellent communication and time man- agement skills along with attention to detail are all required. These challenging new positions offer a competitive salary-bonus and benefits package. Qualified candi- dates are asked to submit a resume in confidence to: firstname.lastname@example.org ARC International is an Equal Opportunity Employer ARC International Now Hiring!! Celebrating their 35th anniversary, ARC International is a world leader in the fabrication and re-manufacturing of preci- sion rolls and sleeves. With state-of-the-art production facil- ities in both Charlotte, NC and Las Vegas NV, ARC Interna- tional manufactures a full range of anilox rolls and sleeves, air mandrels, carbon fiber chamber systems, glue and meter rolls, feed and pull rolls, and much more for the flexographic printing industry.
Siegfried Steggemann has assumed leadership of the western region as Global Sales Director West. In addi- tion to Western Europe, he is responsible for the mar- kets of the American continent and North Africa.
Sajid Malik is in charge of the east- ern region, which encompasses the other parts of the world (Eastern Eu- rope/Turkey, Middle East, Central and South Africa, Africa, and Asia).
Apex Carl Brock has been appointed to the position of Global Application Specialist at Apex International. He will focus on Bellissima screening for label and narrow web in the United Kingdom. Brock has more than 20 years experience working within the pre-media graphics, packaging and flexographic industry. Durst Peter Jones has been appointed to the newly-created role of Labels Busi- ness Development Manager for Durst in the UK and Ireland. Jones will be working closely with the local sales, service, supply and logistics teams as well as Durst Group headquarters staff based in Brixen, Italy. Jones’ new business role will cover the Durst RSC Tau UV inkjet portfolio and associated software offered by Durst Professional
Robyn Smith - President/Publisher Len Prazych - Vice President
Greg Kishbaugh - Editor/Co-Publisher Phone: (317) 306-1060 email: email@example.com
Michelle McIntyre - Production Manager Christine Eckert - Accounting Manager Jackie Schultz - Contributing Editor T.J. Vilardi - Webmaster/Social Media Coordinator
Tom Vilardi (1961-2018) Chairman Ted Vilardi (1933-2013) - Founder ©2019 NV. Publications All Rights Reserved
Services. They include Durst Workflow Label combined with the Durst SmartShop and integration packages.
14 September 2, 2019 Flexo Market News
Make corrugated your canvas Cyrel ® DLC
Change how you see white Cyrel ® EASY BRITE
Part of the growing DuPont ™ Cyrel ® family of printing solutions, Cyrel ® DLC plates for corrugated printing and Cyrel ® EASY BRITE screens provide consistently impressive quality and head-turning results in flexographic applications. See what’s possible at cyrel.dupont.com
DuPont ™ Cyrel ®
DuPont ™ , the DuPont Oval Logo and Cyrel ® are trademarks or registered trademarks of DuPont or its affiliates. Copyright © 2019 DowDuPont Inc.
Engineering Driven, Productivity Focused, Dedicated Service & Support
As a leader in flexo press innovation and technology, Koenig & Bauer Flexotecnica has a North American based team dedicated to your growth and success. Our team of American, German, and Italian experts are on your side.
Contact us to learn more. Koenig & Bauer Flexotecnica +1 (800) 522-7521 firstname.lastname@example.org koenig-bauer.comPage 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16
Made with FlippingBook - Online catalogs