Graphic Packaging Holding Company (NYSE: GPK), today announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has completed the previously announced acquisition of substantially all the assets of Carton Craft Corporation and its affiliate Lithocraft, Inc.
http://investors.graphicpkg.com/investor-relations/press-releases/press-release-details/2017/Graphic-Packaging-Completes-Acquisition-of-Carton-Craft-Corporation/default.aspx
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Flexible packaging paper Koehler NexPlus® Seal is used for secondary packaging. In this way, Ritter is taking up the changed consumer behavior as a pioneer. The switch to paper stand-up pouches was made without any large investment in packaging machines. Alfred Ritter GmbH & Co. KG aims to create packaging solutions from renewable raw materials that are in harmony with both humans and nature and recyclable. With a view to achieving this goal, the company actively monitors changes in consumer behavior, changes which have grown exponentially in recent months. The concept of sustainability is becoming a key criterion in shoppers’ purchase decisions, with packaging an increasingly important factor as shoppers no longer take the individual product into sole consideration. Ritter focuses on the first secondary packaging made of paper.
Q1 2023 in brief • Net sales stable at EUR 1,047 million (EUR 1,050 million) • Comparable net sales growth was 2% at Group level and 0% in emerging markets • The impact of currency movements was EUR -0 million on the Group’s net sales and EUR 1 million on EBIT
Dermody Properties—a diversified private equity investment management company focused exclusively on the national logistics real estate sector—is pleased to announce that WestRock, a global leader in sustainable packaging, has signed a build-to-suit lease at LogistiCenter℠ at Pleasant Prairie. WestRock is establishing a Great Lakes regional corrugated operations hub and will require more than 580,000 square feet within Wisconsin’s newest rail-served logistics park. “We are pleased that WestRock is entrusting Dermody Properties to build its advanced manufacturing facility in southeast Wisconsin,” said Neal Driscoll, Midwest Region Partner at Dermody Properties. “We could not have scripted a better partner to kick off the park, and we look forward to working closely with WestRock and the Village of Pleasant Prairie to complete what we believe will be a best-in-class project.” The Village of Pleasant Prairie sits at the southern doorstep of Wisconsin and has witnessed considerable expansion in the past decade as local companies have grown. Businesses have been attracted to the state’s friendly business climate, availability of labor and high quality of living. LogistiCenter℠ at Pleasant Prairie—Wisconsin’s only rail-served, build-to-suit logistics park—is part of Dermody Properties’ growing portfolio in the thriving Midwest market.