06.24.23
Mark Andy has announced an agreement with Maxcess International to offer its recently introduced Tidland RD AutoScore to the narrow web label and packaging industry. For a limited time, Mark Andy is the preferred integrator of Tidland RD AutoScore for new flexographic presses.
The new Tidland RD AutoScore was designed by Maxcess to deliver automatic and repeatable trim width and cut depth positioning for score blades to further optimize job setup, improve safety, reduce pressroom downtime, and increase running speeds across more types of material. The customer needs addressed by this new product have been a long-standing pain point of press operators.
“At Mark Andy, we are both humbled and excited to work together with Maxcess to bring the new RD AutoScore to market globally. The productivity improvements for setup and quick blade changes, combined with added safety and faster running speeds, aligns with our mission to help converters drive productivity and profitability on their presses and in their overall operations. It is a truly a pleasure to work with a global leader like Maxcess and find synergies where it makes good sense for label and converting businesses,” remarks Greg Palm, senior vice president for Mark Andy.
Plus, CCL Industries has announced it has signed a binding agreement today to acquire Pouch Partners s.r.l., Italy, from Pouch Partners AG, Switzerland, a company owned by Swiss headquartered Capri-Sun Group.
Pouch Partners supplies highly specialized, gravure printed and laminated flexible film materials for pouch forming, including recyclable solutions, with 2022 sales of $104 million and adjusted EBITDA of $6.8 million. The debt-free, all cash purchase consideration is $44 million, subject to customary adjustments at closing, scheduled for the 2023 third quarter.
The new business will then trade as CCL Specialty Pouches and become an integral part of CCL Label’s Food & Beverage unit in Europe.
“Pouches are a packaging format we’ve looked at for a long time as an adjacency to our label and sleeve decorating technologies with a similar modus operandi,” says Guenther Birkner, president of CCL Label Food & Beverage. “Our common customers see them as an interesting alternative to rigid containers with labels. Pouch Partners has highly focused, deep know-how for these materials, a solid foundation to enter this market.”
Here are the highest-trafficked news items for the week ending on June 23:
1. Mark Andy announces new partnership with Maxcess
2. CCL grows flexible packaging capabilities with acquisition
3. Bobst to open new Competence Center in Atlanta
4. Gallus debuts new Experience Center during 100-year celebration
5. Avery Dennison innovates to meet growing shrink sleeve demand
The new Tidland RD AutoScore was designed by Maxcess to deliver automatic and repeatable trim width and cut depth positioning for score blades to further optimize job setup, improve safety, reduce pressroom downtime, and increase running speeds across more types of material. The customer needs addressed by this new product have been a long-standing pain point of press operators.
“At Mark Andy, we are both humbled and excited to work together with Maxcess to bring the new RD AutoScore to market globally. The productivity improvements for setup and quick blade changes, combined with added safety and faster running speeds, aligns with our mission to help converters drive productivity and profitability on their presses and in their overall operations. It is a truly a pleasure to work with a global leader like Maxcess and find synergies where it makes good sense for label and converting businesses,” remarks Greg Palm, senior vice president for Mark Andy.
Plus, CCL Industries has announced it has signed a binding agreement today to acquire Pouch Partners s.r.l., Italy, from Pouch Partners AG, Switzerland, a company owned by Swiss headquartered Capri-Sun Group.
Pouch Partners supplies highly specialized, gravure printed and laminated flexible film materials for pouch forming, including recyclable solutions, with 2022 sales of $104 million and adjusted EBITDA of $6.8 million. The debt-free, all cash purchase consideration is $44 million, subject to customary adjustments at closing, scheduled for the 2023 third quarter.
The new business will then trade as CCL Specialty Pouches and become an integral part of CCL Label’s Food & Beverage unit in Europe.
“Pouches are a packaging format we’ve looked at for a long time as an adjacency to our label and sleeve decorating technologies with a similar modus operandi,” says Guenther Birkner, president of CCL Label Food & Beverage. “Our common customers see them as an interesting alternative to rigid containers with labels. Pouch Partners has highly focused, deep know-how for these materials, a solid foundation to enter this market.”
Here are the highest-trafficked news items for the week ending on June 23:
1. Mark Andy announces new partnership with Maxcess
2. CCL grows flexible packaging capabilities with acquisition
3. Bobst to open new Competence Center in Atlanta
4. Gallus debuts new Experience Center during 100-year celebration
5. Avery Dennison innovates to meet growing shrink sleeve demand