IMA-Hassia event, 22 July’15

IMA CEOs arrive in Pune

July 2, 2015

On 22 July 2015, Andrea Malagoli, CEO, IMA S.p.A, Markus Ehl, CEO, IMA Dairy & Food Holding along with K Ravi, managing director of Hassia India, will be addressing a press conference at Hotel Hyatt Regency in Pune to announce the formal acquisition of the Oystar Group of companies by IMA (Industria Macchine Automatiche) with a turnover in excess of 1 billion Euro. The press conference will be held from 11.30 am to 12.30 pm followed by lunch and a networking session for those attending the event.

In December 2014, the Bologna (Italy) based international Industria Macchine Automatiche (IMA Group) acquired the Oystar Group of companies, a major player in packaging of dairy products and foods. The merger created one of the largest global packaging companies in this segment with combined revenues of 1.25 billion Euros. The Oystar Group of companies includes the five top packaging machinery brands of Germany and France namely, Benhill, Erca, Gasti, Hamba and Hassia and was owned by private equity investor Odewald prior to the merger.

“Our product portfolio starts from simple cup fillers to highly sophisticated servo-controlled multilane auger fillers in the filling systems says Bhakti Dakwale, assistant manager – marketing of Hassia Packaging India. “In the bagging segment we have an entire range of modular solutions to suit different requirements of the clients. We have a wide range of applications that range from packing milk powder, food, snacks, chemicals, cosmetics, detergents, grains, seeds and rice.”

The IMA Group of companies, a major global player in the processing and packaging of food, dairy products, beverages, pharmaceuticals and cosmetics is listed on the Milan Stock Exchange. The company has operations in more than 80 countries and has over 30 manufacturing centres in Italy, Germany, France, Spain, UK, Switzerland, China and the US. The Group also has a presence in India since 1995 and has manufacturing operations in Thane, Mumbai under the name IMA Pharma, that produces blister pack machines, thermoforming machines for blisters and trays, cartoning and tube filling machines. The press conference to be held in Pune will be followed by a networking session where the visiting dignitaries will meet industry leaders, clients and partners of Hassia Packaging India.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now

As 2023 begins and FY 23-24 unfolds, will you support us?

What lies in store for the packaging industry in India and South Asia this coming year? Inflation, disruption of supply chains or environmental regulation? Or the resumption of high rural demand, continued investment and industry consolidation? Whatever happens, Packaging South Asia will be there, providing clarity and independent technical and business information in India and South Asia and around the world. We are a compact Indian organization bringing a window of fair and rigorous technical and business information that the industry can access this year and beyond. Please support us with your advertising and subscriptions, to keep us going and growing.

Thank you.