Page 49 - Plastics News July 2018

Business news

Haver & Boecker and Windmoller & Holscher form JV at Achema

aver & Boecker and Windmoller & Holscher presented and load securing technology. “With access to products
Ha new joint venture Aventus at the Achema Trade of both Haver & Boecker and Windmoller & Holscher and
Fair on 12 June 2018. Aventus is specialised on solutions Windmoller & Holscher, Aventus covers the entire value-
for the packing of free-flowing loose goods up to finished creation chain. With this broad product range, we are
pallets. The joint company was officially founded in June able to very specifically fulfil customer requirements:
with each party holding a 50% share. Newtec, the Haver from standard to special applications, from low-speed
& Boecker subsidiary specialised in palletising, is now a to high-speed systems. The customer has one contact
100% subsidiary of Aventus. Once under full operation, person and receives everything from a single source.”The
Aventus portfolio is especially interesting for customers
from chemicals, food and animal feed markets.

Carolina Color acquires Chroma
Corporation

arolina Color Corporation has acquired Chroma
CCorporation (Chroma), a specialty colour and
additive concentrate business serving packaging,

Aventus will employ over 300 employees and reach sales electronics, based in McHenry, Illinois.Chroma
of approximately 80 million euros. With the joint company, produces custom formulated masterbatch colours,
the market leaders bundle their strengths to shape the dry colours, additive concentrates, and pre-colour
future of filling and palletising together. compounds for multiple industries.The company says
“Today’s megatrends of globalisation and digitalisation with this acquisition, Carolina Color continues to
are impacting the filling and palletising markets,” Florian grow its manufacturing footprint throughout the U.S.,
Festge, managing partner at Haver & Boecker, explains the leveraging its growing suite of colorant and additive
motives behind the joint venture at the press conference. technologies to better serve existing and prospective
“Rapidly increasing innovation cycles, linked production
processes worldwide along with higher demands for
flexibility are only some of the challenges the market
faces. In order to optimally fulfil the customer needs of
today and tomorrow, we need a strong and focused team.
With Aventus this is precisely what we will create,” says
Festge.
The name Aventus is derived from the names of both
parent companies. “Avena means Hafer (the German
word for oats), and ventus means wind. The new name customers. We are pleased to see Chroma, with its solid
symbolises the unification of the best of both companies,” reputation in the Midwest, join our incredibly strong
said Jürgen Vutz, CEO at W&H. Appointed as managing colour businesses, Carolina Color, Breen, and Hudson,
director of Aventus is Kai Lammers. The graduate engineer which were combined last year into Carolina Color,”
worked at W&H for the last 16 years, most recently as said George Abd, Chair of the Board of the company.“By
division manager service-sales. “With Kai Lammers we combining these businesses that bring great product
have an experienced manager who possesses technical technology and reputations in the industry, we continue
expertise as well as production and international to execute our strategy of building the finest colorant
experience,” says Vutz. company serving our markets.”Tom Bolger, Chroma
The portfolio of Aventus will include filling technology for CEO.
open bags, FFS bags and big bags as well as palletising

49 July 2018 Plastics News