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Enters into Restructuring Support Agreement with Key Financial Stakeholders
Initiates Voluntary Chapter 11 Proceedings to Implement Terms of the Agreement
Secures Commitment for $912.5 Million in Debtor-in-Possession Financing to Support Ongoing
Operations
Company Intends to Continue Serving Customers with High-Quality Food Products on an Uninterrupted
Basis

Let the events begin!
With the opening of IPACK-IMA 2025 putting Milan at the very pulse of innovation, the city is set to host the event that celebrates state-of-the-art technologies for processing, packaging, and new materials.

The German Packaging Institute e. V. (dvi) is extending the deadline for submissions to the German Packaging Award 2025. Companies, institutions and individuals from Germany and abroad now have until 11 June to register their products and prototypes across all materials. There are a total of ten innovation categories to choose from, each with transparent criteria, at Europe’s largest showcase for packaging.

There is a vital port of call for those seeking to gain a foothold in Asia: the Shanghai World of Packaging (swop). This is the ideal meeting-point for all those looking to make their entry into one of the world’s most exciting areas of economic activity. Once again, in November, swop – the central hub of the Asian packaging industry – will provide first-class conditions for market entry, doing business and targeted exchange.

Companies, organisations and individuals from Germany and abroad still have until 31 May 2025 to submit their innovations and best solutions to Europe’s largest showcase for packaging. The German Packaging Award, organised by the German Packaging Institute (dvi), is decided by an independent jury of experts across all materials and sectors in 10 categories. The festive award ceremony takes place as part of a special industry event on the first day of the FACHPACK trade fair in Nuremberg.

The sustainable packaging industry is coming together: The merger between palm leaf specialist LEEF from Potsdam and full-range supplier wisefood from Garching is now officially completed. With the dissolution of wisefood GmbH and its full integration into LEEF Blattwerk GmbH, the merger has been finalized.

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