Last updateTue, 23 Apr 2024 7am

Coveris follows growth story with the acquisition of HADEPOL FLEXO, Poland

Coveris has agreed to acquire HADEPOL FLEXO Sp. z o.o. (private limited company), a Poland based manufacturer of high-quality flexible paper and films packaging. Following Coveris’ recent acquisitions of packaging sites in Hungary, Poland and Czech Republic, HADEPOL FLEXO marks the packaging leader’s fourth acquisition in CEE and the continuation of its growth story and strategy to invest in selected geographies and markets.

HEINZEL GROUP reports results for 2023

Shutdown of operations at Raubling Papier GmbH under review
HEINZEL GROUP today announces its performance for the year 2023, showcasing resilience in a complex market environment. The company reports a healthy €135.0 million of Operating Cash Flow and a simultaneous 6% reduction in CO2 emissions compared to the previous year, underscoring its dedication to both economic performance and sustainability.

Amtech and Label Traxx combine to create an industrial software platform for the packaging industry

Amtech, LLC ("Amtech"), a leading industrial software solutions provider to the packaging industry, has completed its acquisition of Label Traxx and its leading software suite for the label printing and flexible packaging segments. The combination further solidifies Amtech's position as a sought-after industrial software platform to the packaging industry.

Koenig & Bauer continues previous year’s growth path in the financial year 2023 and expects stable business in 2024

Revenue and EBIT margin above the previous year
Order intake slightly below the previous year’s historical high, but well above the industry average
Segments: Strong order intake for Banknote Solutions in the Special segment
Focus on growth drivers and innovation through “spotlight”
Outlook for 2024: Operative EBIT margin and revenue stable at the previous year’s level
High exhibitor and visitor participation as well as investment impulses expected at the world’s leading trade fair drupa after an eight-year break
Future dividend policy with a payout ratio of 15 to 35% resolved

Canva acquires design platform Affinity to bring professional design tools to every organization

Company reinforces its focus on the enterprise in a step to build an all-in-one platform for every type of designer.
Canva, the world’s only all-in-one visual communication platform, today announced the acquisition of Affinity, the award-winning creative software suite for professional photo editing, illustration, graphic design and page layout.

Siemens to acquire industrial drive technology business of ebm-papst

Planned acquisition to strengthen Siemens’ position as a leading technology company in the field of factory automation and digitalization

Strategic addition to the Siemens Xcelerator portfolio
A business of ebm-papst, a leading supplier of fans and compact and intelligent mechatronic systems, which employs around 650 people
Major growth opportunities in the field of intelligent, battery-powered drive solutions

technotrans increases revenue by 10 % and confirms strategic targets for 2025

Consolidated revenue of € 262.1 million exceeds previous year by 10 %

EBIT margin reaches 5.4 %; EBIT at € 14.2 million
Free cash flow increases significantly to € 12.8 million
Peter Hirsch, COO/CTO, to leave the Board of Management of technotrans SE prematurely by mutual agreement in March 2024
Management Board confirms strategic goals for 2025

Signicat acquires Icelandic’s leading digital identity and fraud player SmartWorks

Signicat, Europe's leading provider of digital identity solutions, has announced the acquisition of SmartWorks, Iceland's largest provider of digital identity and fraud prevention in electronic signing. With a Europe-wide presence and global coverage, this strategic operation aims to strengthen Signicat's presence and expand its reach in Iceland.

Merck Invests More Than€ 300 Million in New Life Science Production Site in South Korea

New Bioprocessing Production Center in Daejeon to supply products to customers in Asia-Pacific for development and production of biologics.

Site to supply products to customers for development and production of biologics
New Bioprocessing Production Center in Daejeon strengthens footprint of Merck in fast-growing Asia-Pacific region
Investment to create up to 300 additional jobs

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