SIRAP-GEMA

Purchase of Italian thermoformer Rosa Plast Due / Acquisition said to triple group presence in Italy's rigid packaging market

SIRAP-GEMA

Italian packaging producer calls EU Commission's fine "disproportionate" / Mulling legal action

PACKAGING MARKET

European Commission fines group of eight plastic tray producers and two distributors EUR 116m for anticompetitive behaviour / Cartels spanned 16 countries / Accused referred to themselves as “Mafia”

SIRAP GEMA

Italian group acquires insolvent French packaging producer Vitembal / Need to restructure own operations