We Help Companies Find New Sales Opportunities
Molins is to acquire Sasib, the Italian manufacturer of cigarette packing machinery, for £11m.
Molins has acquired the smoke constituent analytical business of LGC for £1m, and will rename the business Arista Laboratories Europe and occupy LGC's laboratories in Teddington while a new site is established.
Molins is looking to spend up to £20m on acquisitions to expand its packaging machinery business.
Molins is to acquire Arista Laboratories, the US analytical company with a smoke testing facility in Virginia, for up to £3m.
Molins is setting up a property subsidiary to develop 300,000 sq ft of offices on 17 acres of land at its Saunderton site near High Wycombe.
Molins has bought Rose Forgrove, the manufacturer of horizontal flow-wrapping machines, out of receivership, and production is being moved from Wakefield to Nottingham.
Molins is planning to acquire Filtrona Instruments & Automation from Bunzl for £12m, in order to expand its packaging equipment business.
Molins is selling its Langston corrugated board machinery business in the US to a portfolio company of BankBoston Capital for £30m.
Molins is acquiring a cartoning and case packing machinery group comprising HJ Langen of Canada and Langenpac of the Netherlands, for about £23m.