As announced on December 2, 2019, the Board of Directors of the Agfa-Gevaert Group decided to enter into exclusive negotiations with Dedalus Holding S.p.A. to sell a part of Agfa HealthCare’s IT business (the “Business”). Today, both parties announce that they have signed the share purchase agreement, under which Dedalus S.p.A. would acquire 100% of the Business at an enterprise value of 975 million Euro, subject to regular working capital and net debt adjustments.
Investment: around €2 million
Administration, production and R&D on 12,000 square meters
Commissioning of ultra-modern 500 square meter laboratory
Earlier, in September 2019, UPM announced the intention to sell its Chapelle newsprint mill in Grand-Couronne, France. It was communicated at the same time, that a process for the potential closure of the mill would be opened in case no credible offer would be received until mid-January 2020.
Announces 2020 guidance consistent with three-year plan, including further EPS expansion and revenue trend improvement
The beginning of the year marks the 125th anniversary of the founding of the Felix Schoeller Group. Founded in 1895 by Felix Hermann Maria Schoeller at the Osnabrück site in Germany, the Felix Schoeller Group now has around 3,600 employees at twelve locations worldwide producing specialty papers - including digital printing and decor papers and release liners. With a clear vision in mind, the company is looking resolutely to the future.
The Immenstadt group of companies Eberl Medien takes over Druckerei Kösel GmbH & Co. KG from Altusried-Krugzell and plans to merge it with its own subsidiary Eberl print GmbH.
HP Inc. (NYSE: HPQ) today confirmed that Xerox Holdings Corporation has announced its intent to nominate 11 candidates to stand for election to the Company’s Board of Directors at the HP’s 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”). Xerox has previously submitted an unsolicited proposal to acquire HP, that the HP Board unanimously rejected.
Slate comprised of former C-suite executives with financial and operational experience on a global scale across numerous industriesFor 2019, Bobst Group SA is currently expecting full year sales on a similar level as in the previous year (2018 CHF 1 635 million). The full year operating result (EBIT) margin is expected to be slightly lower than 5%.
The IFRS fair valuations of Stora Enso’s forest have increased significantly since the publication of the Group’s third quarter results in October.
Production of LASERLINE from Berlin moves
CEWE, Europe's market leader in photofinishing and a specialist in commercial online printing, is strengthening Dresden as a printing location: from the middle of the year large parts of the orders from the Berlin printing specialist LASERLINE are also to be printed at SAXOPRINT in the Saxon state capital.
Following customary closing conditions and local regulatory approvals, AR Packaging announces the completion of the acquisition of rlc packaging group, including indirectly a significant share in BSC Drukarnia Opakowań S.A., and Nampak Cartons Nigeria Limited.
With effect from 1.1.2020, Follmann has taken over the Russian adhesive manufacturer Chemical Alliance with headquarters in Moscow and around 20 employees. After the purchase of the British adhesive manufacturer Sealock (PSA hot melts, hot melts and dispersions) and the takeover of the majority shares of the Russian adhesive manufacturer ZAO Intermelt (hot melt adhesives for the packaging sector) in 2018, Follmann is expanding its adhesive production in the Russian Federation with polyurethane hot melt products with this acquisition. The company is thus expanding its international sales activities in various market segments, such as textile lamination, sandwich and panel production, the manufacture of filters, abrasives and mattresses, and in the automotive industry.
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