Propak member companies in Austria prove robust enough to weather the crisis

British Macfarlane Group has announced the acquisition of A & G Holdings Limited, owner of Gottlieb Packaging Materials, for a cash consideration of £3.6m (€4.1m) including an earn-out of up to £800,000 (€900,000) based on agreed profit growth targets over two years. A further adjustment is due for net assets in excess...

Antalis has acquired the Spanish packaging distribution company Gosuma, based in Burgos. Gosuma has annual sales of €5m and sells packaging products such as cardboard boxes, plastic containers, adhesive tapes and machines to customers in the automotive sector, but also in the food and pharmaceutical industries. With...

Biolutions, a German start-up company operating in the area of fibre-based packaging solutions, is “seeking a transferring reorganisation in self-administration.” The competent local court approved a corresponding application filed by the management and opened preliminary insolvency proceedings under the company’s own...