Year In Review ( Cont’d from Page 4)
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Group provides labels and packaging solutions for the food and beverage, consumer packaged goods and pharmaceutical markets. The Independent Carton Group , an association of independently owned and operated folding carton companies, entered its 35th year of service to its mem- bers. The group was first formalized in the early 1980s at an airport lounge with a small group of industry leaders; today, the group’s members, independently owned and operated folding carton manufacturers who are not affiliated with a major paper mill, repre- sent a collective $800 million in annual sales. BST eltromat International acquired a stake in Nyquist Systems GmbH , which is based in Lands- berg, Germany. Riyadh Plastic Factory Company, an associated company of Harwal Group, signed a contract for a Bobst 20SIX CI flexo press to extend its capacities for the production of flexible packaging. Affinity Packaging , based in Leyland, Lancashire, UK, invested in a NOVACUT 106 E Autoplaten diecut- ter from Bobst . Affinity Packaging specializes in be- spoke packaging and printing for a wide range of market sectors, from initial design concept through to final product. Model Group installed a Flexo Wash Anilox Roll Cleaner at its plant in Berka/Werra, Germany, which employs 500 people.The Anilox Cleaner was the 200th to be sold by the Danish manufacturer, with the aid of its sales and service partner in Germany,Dortschy. CV Labels , Irvine, Scotland, installed a Mark Andy Digital One press as part of a major investment program in technology and a new extension at its headquarters. Leonard Green & Partners, a private equity invest- ment firm, entered into a definitive agreement to ac- quire ProMach from affiliates of AEA Investors. Financial terms of the transaction were not disclosed. Pamarco formed an agency agreement to repre- sent the flexographic and converting product lines of Graymills and GAMA in North America. Cenveo, Inc. reached an agreement with holders of a majority of its first lien debt to support a Chap- ter 11 plan of reorganization, which the company said would significantly increase its financial flexibili- ty by reducing its debt and obtaining new financing. CS Labels , Willenhall, UK, acquired a new dedicat- ed manufacturing facility, part of a £3 million invest- ment that took place in 2018 that also includes the purchase of new machinery and the development of smart productivity solutions. Mal-Pol , based in Olesin, Poland, installed a new Performance Series P5 press from Mark Andy .
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6 December 10, 2018 Flexo Market News
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