Thursday, 05 May 2016

Potato Europe: 40 Traders in the Commercial Village

Potato Europe: 40 Traders in the Commercial Villag...

 Most attending traders can be found in the "Commercial Village" at Potato Europe, under...

Experts from IRI, Geometry Global and Integer provide the latest trends at Sweets & Snack Expo

Experts from IRI, Geometry Global and Integer prov...

 Executives from Information Resources, Geometry Global and Integer will deliver presentations on ...

The 100th Annual Meeting of the Potato Association of America to Be Held in Michigan This Year

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Potato Processing International and Potato Storage International Welcome New Editor

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Cambridge Engineered Solutions Expands International Network

Cambridge Engineered Solutions Expands International Ne...

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tna Appoints New Chief Sales Officer

tna Appoints New Chief Sales Officer

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Key Technology Introduces New Iso-Flo Vibratory Conveyors with Monobeam Construction

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BetterFRY, a Technology Shortlisted for the Final of the International European MRW Awards

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    Canadian company Eco Friendly Chef Corp has developed a patented technology named “BetterFRY” whi...

tna Helps Snack Manufacturer to Increase Production Capacity

tna Helps Snack Manufacturer to Increase Production Cap...

Algerian snack manufacturer Maravilla increased production capacity by 25 per cent by installing high p...

Americans Were Asked which Lay's Flavors Stay and which Go

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TOMRA Sorting Food: steam peeling can reduce the waste within the potato industry

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 The manufacturer of sensor-based food sorting systems, TO...

Australian Company Makes Potatoes Melt When Exposed to High Temperatures

Australian Company M...

  The Australian Research and Development company Potato ...

Heat and Control Releases Unitized Vacuum Fryer

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  Heat and Control, a global manufacturer and supplier of...

Using Nature to Create

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Search Begins for Scottish Strategic Potato Farm

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£150K potato storage fellowship cultivates cutting edge research

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  Capitalizing on work from the horticulture sector, Dr R...

Company launches new formulation of biofungicide

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Welsh potato growers get latest know-how on Potato Day

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Chile considered robust market for American agricultural equipment

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LINPAC Group Limited, the international packaging manufacturer, has successfully completed its debt restructuring following approval from shareholders and lenders.

LINPAC has emerged from this process as a stronger company with a balance sheet restructured on terms more suited to today's economic environment. Debt has been halved and ownership has transferred to the pre-existing banking syndicate, which has also injected additional cash into the group.

The restructuring has only affected the holding companies and not the operating companies of the group. As far as the operations are concerned, it has been business as usual. Under its new ownership LINPAC will continue to invest in the business and support customers with innovative high-quality products and services.

Mike Arrowsmith, Group CEO, said: "LINPAC is a company with a first class customer base, multiple market-leading positions, and a highly dedicated and skilled workforce. The board is confident that, as the global economic outlook starts to improve and with more appropriate financial arrangements in place, we will continue to be a global leader in our markets.

"We are delighted that this process has been successfully concluded and that LINPAC is now so well placed for the future. We have an enviable position as a leader in our markets, and the loyalty of our customers throughout 2009 reflects the quality of our products and services. This restructuring has put the company on a strong footing from which we can maintain our competitive edge and create new opportunities for growth. "

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