Kimberly-Clark Completes Acquisition of Softex Indonesia

Norske Skog has so far received support from a clear majority of both the secured and the unsecured noteholders for the proposed recapitalization solution. Norske Skog has now likely surpassed the thresholds required to implement the transaction by way of Schemes of Arrangement. However, the transaction is also contingent upon support from the majority holder of the EUR 100 million NSF and the 2115 Perpetual Notes. The consent solicitation deadline is extended until Friday 3 November at 17:00 CET to allow sufficient time to allow for further discussions with the holders of NSF and Perpetual Notes. Click Read More below for additional information.

Drytac, the leading international manufacturer of self-adhesive materials for the large-format print and signage markets, is delighted to announce France’s ID Numérique as its latest branded dealer partner. A specialist distributor of materials and consumables for large-format digital printing, ID Numérique is a highly trusted and reputable name in the French market, working with customers across the country on all manner of projects. As a Drytac branded dealer partner, ID Numérique will offer a wide range of Drytac’s market-leading products to both new and existing customers in France.

Huhtamaki has acquired the majority of Cup Print Unlimited Company, a privately-owned paper cup manufacturer based in the Republic of Ireland. With the acquisition Huhtamaki improves its access to the growing market of short run custom-printed cups and boosts its on-line commercial activity. The short run capability also allows Huhtamaki to even better support its current customers' promotional activities. CupPrint is specialized in short run custom printed cups with quick delivery time. It has an on-line service model which allows efficient design and delivery of small volumes. CupPrint's annual net sales are approximately EUR 14 million and it employs altogether approximately 110 people in its manufacturing unit in Ireland and sales office in Germany. Click Read More below for additional information.