Last updateWed, 08 Jul 2020 11am

2019 results propel Quadpack into the Top 10 European beauty packaging providers

• Turnover of €131 million in year ended 31 January 2020

• Turnover up 25% from €104.7 million in 2018
• 25% year-on-year growth over the last five years
• EBITDA up 40% at €13.6 million
• Net debt/EBITDA ratio steady at 3.0x
• €0.92 EPS and €0.88 diluted EPS

Merger completed: Papier Union and Papyrus Germany are now Inapa Germany

With effect from July 1, 2020, the two paper wholesalers Papier Union GmbH and Papyrus Deutschland GmbH & Co. KG merged and are now trading as Inapa Deutschland GmbH. This completes the consolidation of Inapa Group, Portugal, parent company of Papier Union, Papyrus Deutschland and Inapa Deutschland, in its German business. Inapa Deutschland now employs over 1,000 people* at numerous locations throughout Germany. The headquarters are located in Hamburg.

Metso Corporation’s partial demerger has been registered

The Boards of Directors of Metso Corporation (“Metso”) and Outotec Oyj have resolved to complete the combination of Metso’s Minerals business and Outotec Oyj through a partial demerger of Metso in accordance with the demerger plan and combination agreement signed on July 4, 2019. The completion of Metso’s partial demerger was registered today at the Finnish Trade Register.

Klingele acquires kraftliner factory in Brazil

The Klingele Paper & Packaging Group, one of the leading independent manufacturers of corrugated board base paper and corrugated board packaging, has signed an agreement with Klabin S. A., the largest producer of paper and corrugated board packaging in Brazil, to purchase the Kraftliner paper mill in Nova Campina in the state of São Paolo.

Clariant doubles capacity of its high-throughput catalyst R&D center in Palo Alto

Significant investment into extension of high-throughput catalyst R&D center in Palo Alto

The enlarged high-tech state-of-the-art facility will accommodate additional technical experts and cutting-edge equipment
Expansion will substantially accelerate catalyst discovery, development, and overall time-to-market

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