The Mark Allen Group is delighted to announce with immediate effect that it has acquired the shares of Lewis Business Media which hold the assets relating to the following agricultural brands: Pig World, Poultry Business, Agronomist & Arable Farmer, Farm Contractor & Large Scale Farmer, Weekly Tribune and the newly launched event, Women in Agriculture. The consideration has not been disclosed.

Group sales: around 5.4 billion euros, organic sales growth of +2.8 percent
Organic sales increase driven by both business units:
Adhesive Technologies: positive organic sales growth of +0.8 percent
Consumer Brands: very strong organic sales growth of +6.2 percent
Adhesive Technologies underpins more pronounced focus on growth through M&A with the acquisition of Critica Infrastructure
Consumer Brands: integration significantly ahead of plan – more than 80 percent of savings expected by the end of 2023
Outlook for fiscal 2023 raised:
Organic sales growth: 3.5 to 4.5 percent (previously: 2.5 to 4.5 percent)
Adjusted return on sales (EBIT margin): 11.5 to 12.5 percent (previously: 11.0 to 12.5 percent)
Adjusted earnings per preferred share (EPS): increase in the range of +15 to +25 percent at constant exchange rates (previously: +5 to +20 percent)

Sales and incoming orders: Half-year figures adjusted for exchange rate movements match previous year

Adjusted EBITDA margin: Increase to 9.2 percent after first half-year
New technologies: Growth in packaging printing / Successful market launch of Gallus One and Boardmaster
Operating cash flow: Improvement on same period of previous year

2023 expected to be weaker than previously assumed, with EBIT of €25 – 35m and revenue of around €1.3bn

Medium-term targets underpinned by strategic growth areas in the expansionary packaging printing market
Order intake of €831.3m after 9 months (previous year: €1,025.9m); Q3 order intake disparate in the individual segments
Revenue growth of 10.6% after 9 months in all segments; Q3 revenue down 6.1%
EBIT improved by 30.0% to €-2.1m after 9 months; decline in EBIT in Q3 from €10.8m to €3.3m but with intra-year improvement
€500m refinancing successfully completed

As a high-quality, open AM platform provider, HAGE3D ideally complements the BigRep portfolio towards becoming a full-solution provider also for high-temperature applications. The acquisition is founded on extensive technological synergies on the one hand, and strategically expanded market reach on the other.

Acquisition will add high-speed extrusion technology to Nexa3D product offering, broaden material development capabilities, and expand customer reach to military and defense applications.

Nexa3D, the ultrafast 3D printing leader, has taken a significant step in staking its leadership position in the industrial additive manufacturing space by signing a letter of intent to acquire Essentium, a prominent manufacturer of HSE 3D printers and materials, widely adopted for high requirement, precision applications in aerospace, military, and defense. With this acquisition, Nexa3D would add high-speed extrusion (HSE) to its current product portfolio.

Significant expansion of maintenance, repair and overhaul (MRO) portfolio with adjacent business offering platform for further growth

Strengthen position in sustainability driven, fast-growing and highly profitable market
Access to leading maintenance service providers & contractors as well as certified composite repair and reinforcement technologies

Valmet has completed the acquisition of Körber’s Business Area Tissue, the provider of innovative process technologies and related services for converting tissue jumbo reels into final tissue products. The closing of the transaction follows the agreement that was announced on July 7, 2023.

• After-work special: "Yesterday, today, tomorrow – the role of women at Arburg"

• Huge interest in company-wide network "Women@Arburg"
• Around one fifth of the Arburg workforce are women

Existing syndicated loan refinanced ahead of schedule

Removal of restrictions pursuant to the previous KfW facility
Long-term maturity until at least October 2028
Syndicate of excellent bank addresses

The acquisition adds proprietary technology for processing titanium and refractory metals in addition to high-purity chromium powder manufacturing to 6K Additive’s business lines.

6K Additive, a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing and metal alloys, today announced it has acquired Global Metal Powders (GMP) for an undisclosed amount.

Billerud has been named one of Sweden's most attractive employers in 2023, according to the Young Professional Attraction Index (YPAI), a survey conducted by Academic Work in collaboration with Kantar Sifo.