FINAT Label Competition Is Accepting Entries
Web Blast
The FINAT Label Competition is accepting entries. Labels must have been produced between January 1 and December 31, 2020. The goal of our label competition is to: • To promote and highlight the advantages and uses of self-adhesive labels as an effective marketing, pro- motional or identification tool; • To encourage printers/converters to extend the technical and quality boundaries of the self-adhesive and narrow web flexible packaging industries; and • To promote the use of label and narrow web tech- niques on a worldwide basis for the benefit of the la- bel and associated industries in general.
Reach thousands of potential customers by sending a targeted web blast to the entire online readership of Flexo Market News .
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Sale of Gallus To Benpac Holding Not Completed
The sale of the Gallus Group by Heidelberger Druck- maschinen AG (Heidelberg) to the Swiss company benpac holding ag has not been completed. benpac holding ag did not make the purchase price payment of EUR 120 million agreed at closing on January 29, although all the necessary conditions were met. Looking Over Options The five sites and around 430 employees of the Gal- lus Group will remain with Heidelberg. Nothing will change for Gallus customers. Heidelberg will continue to handle sales and service for the Gallus portfolio and their personal contacts will remain the same. Heidel- berg will now be examining various options for the corporate future of Gallus. Zeus Acquires Austrian Food Packaging Company Irish-owned Zeus Packaging, an independent packag- ing manufacturer and distributor, has acquired Austri- an-based food packaging solutions business, Petruza- lek, which was part of Sirap-Gema Group. In 2020, Petruzalek achieved revenues of approxi- mately EURO 58 million, net assets of EURO16 million and EBITDA of EURO 2.5 million.The acquisition, for an undisclosed sum from Italian investment holding company, Italmobiliare, completes a three-year EURO 40 million acquisition strategy for Zeus. It is the sev- enth business to be integrated into the Zeus family during the past 18 months. Established by Brian O’Sul- livan in 1998, this acquisition brings the number em- ployed by Zeus from 450 people across 14 countries to 670 people across 26 countries.
To take advantage of this opportunity contact:
Greg Kishbaugh / 317-306-1060 / flexo@nvpublications.com
Robyn Smith / 910-553-4055 / rsmith@nvpublications.com
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