Crown Holdings To Buy Signode In $3.91 Billion Deal Packaging company Crown Holdings Inc. will buy Signode Industrial Group Holdings Ltd. from Carlyle Group LP in a deal valued at $3.91 billion. Glenview, Illinois-based Signode, which had pro- forma sales of $2.3 billion in the year ended Novem- ber 30, makes strap, stretch and protective packaging used in shipment of goods. Kroger Joins Sustainable Packaging Coalition Grocery retailer Kroger Co., headquartered in Cincinnati, has joined the Sustainable Packaging Coalition (SPC), Charlottesville, Virginia. The SPC is a membership-based collaborative striving to advance sustainable packaging. Kroger joins more than 130 brands, manufacturers, government officials, acade- mics and organizations in the SPC. The SPC is a project of nonprofit GreenBlue. The coalition says it uses an objective life cycle-based ap- proach to provide thought leadership and bring its members together to strengthen and advance the business case for more sustainable packaging. Kroger says it has committed to driving improve-
ments in the sustainability of packaging across its Our Brands private-label products.As part of its 2020 Sustainability Goals, Kroger has committed to opti- mizing 100 percent of its product packaging by in- creasing recyclability, reducing excess packaging and increasing certified virgin fiber sourcing, among other things, during the next three years. “Our membership in this coalition is an important part of Kroger’s vision for achieving Zero Hunger | Zero Waste, a key component of how we are living our purpose driven by our Restock Kroger Plan,” said Jessica Adelman, Kroger’s Group Vice President of Corporate Affairs. MacDermid Appoints Kanan Graphics As Indian Distributor MacDermid has appointed Mumbai-based Kanan Graphics as its distributor for the Western region of India.The deal was inked and the announcement was made on Day Two of Pamex. Kanan Graphics will work alongside Macdermid’s technical service team to supply and distribute Macdermid’s flexo plate range. Besides Kanan, MacDermid has two other distribu- tors namely, Indo Pacific for South region and Supreme Marketing for North region.
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