Latest Issue
Where are the great minds?
Financial and strategic investors are increasingly dabbling in the PET sector. It happened to Sidel with its sale to Tetra Pak; or Husky, sold off to financial investors; Krupp/SIG, now broken up into separate divisions. Netstal was one of the last to succumb, but was finally absorbed by KraussMaffei. KraussMaffei in turn was acquired by the former owner of Husky. Now Mold-Masters and Milacron are also in the hands of a single investor.
Who still remembers the great minds that made these companies big names? Francis Olivier of Sidel, Werner Fielmann of Krupp, Dieter Klug of Netstal or the Gellert family at Mold-Masters. Robert Schad seems to be the last surviving member of this pioneering group, with his new venture, Athena.
Increasingly, professional managers are heading up these companies, not necessarily managing less well but using a distinctly different managerial style. What is lacking are the rough edges that give the individual firms their distinctive profile. ... [ Read issue ]
Pulse
PETplanet Pulse, the PET price index, is e-mailed on a monthly basis to all subscribers of the PETplanet Insider magazine as a complementary service to the beverage industry. The archive stretches back more than three years. [ Full archive ]
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