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API Group is to acquire MEPA-S, the German distributor of foil products, for £1m. 26-Sep-2005 API, the packaging group, has received a preliminary takeover approach from an unnamed company. 18-Feb-2005 API Group is planning to sell its API Converted Products division, which includes 250 staff in Saxmundham, Cheltenham and Nelson, to a management buy-in for up to £12m. 05-Jan-2005 API Group has sold its Caerphilly-based Metallised Paper division to a management buy-in operating under the name of Metallised Products. 09-Dec-2004 API Group has sold Learoyd Packaging, the Burnley-based food packaging manufacturer, to a management buy-out, as part of a strategy to focus on coatings. 23-Dec-2003 API Group, the packaging and labels company, has announced plans to close its Lyme Green site near Macclesfield in June and transfer hot stamping foil production from Salford to Livingston, with the loss of 80 jobs. 29-May-2001 API is to close its metallised paper factory in Macclesfield and its laminates factory in Rochdale with the loss of 110 jobs, and production will be moved to sites in Caerphilly, Cheshire and Livingston. 24-Nov-2000 API, the Macclesfield-based foils and laminates group, has acquired Ohio-based Chromagen for £1.8m. 24-Mar-2000 API is planning to invest £5m in a 51% stake in a Chinese foil stamping joint venture. 15-Dec-1998 API is to acquire Astor Universal, the foil packaging company, from Markem Corporation of the US for £30m, in order to gain access to Astor's cold foil technology and improve its product range and geographical coverage. 11-Mar-1998 API is buying Learoyd Group, the specialist film and packaging producer, for up to £22m. 24-May-1996
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