FMN | May 28th, 2018

An N.V. Publication FLEX

May 28, 2018

Vol. 20 No. 11

Market News

®

Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com

Beauty Industry Drives Sustainable Packaging FF orum for the Future and The Sustainability Consortium (TSC), supported by contributions from major brands and retailers, have produced a draft assessment tool for evaluating the sustainability of beauty and personal care products, with the goal of simplifying and aligning the wide array of product assessment criteria in use today.

ABN AMRO To Acquire MPS

For exclusive content and breaking news please visit www.flexomarketnews.com MPS Group will be acquired by ABN AMRO Participaties (AAP), an in- dependently managed private equity business of ABNAMRO, from majority shareholder Braver Investments, Oost NL and the founders of MPS. CEO Wim van den Bosch, CFO Willem Huijink, as well as founders Bert van den Brink and Eric Hoendervangers, will remain with the business and in- vest alongside AAP. Financial terms of the deal were undisclosed. Netherlands-based MPS provides narrow and mid-web printing solu- tions including flexographic, offset and f lexo-digital hybrid printing presses used in the label and flexi- ble packaging industries. MPS serves customers from mar- kets such as food & beverage, house- hold products and pharmaceuticals. Recently, MPS has selected Inter- world Cre as its sales partner in Philippines, as part of its efforts to expand its presence in Asia. Interworld Cre will supply MPS’ flexo, offset, and hybrid press solu- tions for label and packaging print- ers in Philippines.

Participating organizations included Sustainable Brands mem- bers CVS Health, Procter & Gamble, Target, Eastman Chemical Company, Johnson & Johnson Consumer Inc. and Unilever, as well as other leading industry players such as Burt’s Bees, Col- gate, Method, Sephora, Seventh Generation,Walgreens and Wal- mart. Input was also provided by a number of other industry stakeholders such as the Environmental Defense Fund (EDF). Forum for the Future designed and facilitated the process, which began in 2014 with the Beauty and Personal Care Prod- uct Sustainability Summit, co-hosted by Target andWalmart.The Summit and subsequent work were in response to growing consumer and NGO demand for sustainable products, and the understanding that meeting this need would require key indus- try players coming together to find solutions.

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