Reifenh¨user Group has acquired Nuova Protex, an Italian manufacturer of take-up winding systems for synthetic fibers including monofilaments, multifilaments, raffia, flat tape and strapping tape as well as supplementary components. The company, which had collaborated with Reifenh¨user for more than 25 years, will become part of Reifenh¨user’s Reimotech subsidiary.
Austria-based Constantia Flexibles Group has signed an agreement to take hold of 60% stake in Parikh Packaging located in India. The remaining shares will be with the Parikh family…more
PackSys Global, a member of the Brückner Group, has acquired the Swiss company MADAG Printing Systems AG, with effect from January 1, 2013. MADAG is a leading manufacturer of automatic hot stamping machines for the packaging, cosmetic and automotive industries. The closures and tube markets in particular provide interesting synergies with PackSys Global’s core business in terms of technology and customer environment.
MADAG will continue to operate independently, pursuing its long-standing relationships with customers, suppliers and business partners. The name as well as the management team and the well-appointed factory (located in Fahrweid near Zurich) will also remain unchanged.
PackSys Global (www.packsysglobal.com) is a market leader for machinery for the production of laminate and extruded tubes, plastic and metal closures, aluminium tubes and mono-bloc aerosol cans.
The German Brückner Group (www.brueckner.com) is a worldwide leading supplier of innovative machines, tailor-made engineering solutions and services for the plastics and packaging industry.