Latest news with #Ranpak
Yahoo
13-05-2025
- Business
- Yahoo
Book retailer Thalia selects Ranpak's automated packaging systems
Thalia, a book retailer in the Germany, Austria, and Switzerland region, has selected Ranpak's technology to improve its fulfilment capabilities and commitment to sustainability. The alliance also allows Ranpak to expand its international presence. In the first phase of this collaboration, Ranpak will install 12 automated packaging systems at Thalia's fulfilment and production centre, scheduled to open in 2026. The solutions comprise three Cut'It! EVO systems, three Form'It! systems, and six Flap'it! systems. The Flap'it! system is designed to optimise the packing process for small, flat items, whereas the Form'it! system is an automated box-forming system engineered to enhance the initial stage of the packaging process by erecting corrugated boxes. Cut'it! EVO, meanwhile, is an automated right-sizing system designed to optimise the height of shipping boxes after items have been picked and packed. This solution minimises empty space and waste, and automatically closes and seals the boxes. This installation marks the initial phase of a broader strategy, with Thalia exploring the addition of further Ranpak systems as it expands its operations. Ranpak's automated solutions are anticipated to integrate smoothly into Thalia's fulfilment environments. Ranpak chair and CEO Omar Asali said: 'At Ranpak, we are committed to helping companies transition to smarter, more sustainable packaging processes. 'Our partnership with Thalia represents a shared vision for automation that not only delivers operational excellence but also reduces environmental impact. 'We are proud to support Thalia's fulfilment network with our innovative, paper-based automation solutions.' The integration will improve packaging processes across Thalia's e-commerce platform and its network of more than 500 physical stores. Element Logic will manage the deployment of Ranpak's solutions, utilising its expertise in optimising warehouse operations with new technologies. Thalia supply chain and logistics managing director Marco Rebohm said: 'Partnering with Ranpak for our new omnichannel hub, which will be an outstanding fulfilment and production facility, marks a key milestone in our mission to make book distribution smarter, greener, and more efficient. 'These new systems will enhance our fulfilment capabilities, support our sustainability goals, and position us for scalable growth. This is just the beginning of a powerful transformation and exciting partnership ahead.' In March this year, Ranpak posted a net revenue of $105m for the fourth quarter (Q4) of 2024, a 16% increase compared to $90.4m in Q4 2023. "Book retailer Thalia selects Ranpak's automated packaging systems" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
13-05-2025
- Business
- Yahoo
Ranpak Expands its Global Footprint Through Large-Scale Sustainable Packaging Partnership with Thalia
Leading international book retailer partners with Ranpak to boost efficiency and reduce environmental impact across its more than 500 stores and ecommerce operations. CONCORD TOWNSHIP, Ohio & HAGEN, Germany, May 13, 2025--(BUSINESS WIRE)--Ranpak Holdings Corp. ("Ranpak") (NYSE: PACK), a global leader in sustainable packaging automation technology and solutions, today announced a strategic partnership with Thalia, the largest book retail chain in the DACH region (Germany, Austria, and Switzerland). The partnership marks a significant advancement in Thalia's fulfillment capabilities and commitment to sustainability. As part of the first stage of this collaboration, Thalia will install at its fulfillment and production facility, that will be opened in 2026, a total of 12 Ranpak automated packaging systems, including 3 Cut'It!™ EVO, 3 Form'It!™ packers, and 6 Flap'it!™ systems. Flap'it! – an automated right-sizing solution developed to streamline the packing process and protection for small, flat items. Form'it! – an automated box-forming system designed to improve the first step in the packaging process by automatically erecting corrugated boxes. Cut'it! EVO – an advanced automated right-sizing system that optimizes the height of shipping boxes after items have been picked and packed to minimize void and automatically closes and seals them – all with zero waste. Ranpak's automation portfolio integrates seamlessly into modern fulfillment environments, allowing Thalia to optimize its packaging process across both its robust ecommerce platform and network of more than 500 brick-and-mortar stores, significantly enhancing throughput, package protection, and environmental performance. "At Ranpak, we are committed to helping companies transition to smarter, more sustainable packaging processes," said Omar Asali, Chairman and CEO of Ranpak. "Our partnership with Thalia represents a shared vision for automation that not only delivers operational excellence but also reduces environmental impact. We are proud to support Thalia's fulfillment network with our innovative, paper-based automation solutions." This installation represents Phase One of a broader initiative, with additional Ranpak systems under consideration as Thalia scales its operations to meet increasing customer demand across its digital and retail channels. "Partnering with Ranpak for our new omni-channel-hub, which will be an outstanding fulfillment and production facility, marks a key milestone in our mission to make book distribution smarter, greener, and more efficient," said Marco Rebohm, Managing Director Supply Chain and Logistics at Thalia. "These new systems will enhance our fulfillment capabilities, support our sustainability goals, and position us for scalable growth. This is just the beginning of a powerful transformation and exciting partnership ahead." The integration of Ranpak's solutions will be implemented by Element Logic, known for optimizing warehouse operations using AutoStore and other smart technologies. About RanpakFounded in 1972, Ranpak's mission is to deliver sustainable packaging solutions that improve supply chain performance and reduce environmental impact. With a global footprint and a reputation for innovation, Ranpak helps businesses transition away from plastic packaging through its extensive line of paper-based products and advanced automation systems. For more information, visit About ThaliaThalia is the market-leading omni-channel-book retailer in Germany, Austria, and Switzerland, with a turnover of 1,9 bn. Euros in FY 2023/24 and approx. 6,800 employees. More than 500 bookshops make up the Thalia store network, combined with a strong presence in eCommerce to create a unique customer experience. Thalia stands for literacy, culture, and sustainable development across the DACH region. For more information, visit About Element LogicElement Logic is a technology company specializing in optimizing warehouse operations through intelligent automation systems such as AutoStore. With deep expertise in logistics processes and software integration, Element Logic ensures future-ready solutions that drive efficiency and scalability for customers across Europe. View source version on Contacts EMEA Media Inquiries: Vivianne Bongers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
13-05-2025
- Business
- Business Wire
Ranpak Expands its Global Footprint Through Large-Scale Sustainable Packaging Partnership with Thalia
CONCORD TOWNSHIP, Ohio & HAGEN, Germany--(BUSINESS WIRE)--Ranpak Holdings Corp. ('Ranpak') (NYSE: PACK), a global leader in sustainable packaging automation technology and solutions, today announced a strategic partnership with Thalia, the largest book retail chain in the DACH region (Germany, Austria, and Switzerland). The partnership marks a significant advancement in Thalia's fulfillment capabilities and commitment to sustainability. As part of the first stage of this collaboration, Thalia will install at its fulfillment and production facility, that will be opened in 2026, a total of 12 Ranpak automated packaging systems, including 3 Cut'It!™ EVO, 3 Form'It!™ packers, and 6 Flap'it!™ systems. Flap'it! – an automated right-sizing solution developed to streamline the packing process and protection for small, flat items. Form'it! – an automated box-forming system designed to improve the first step in the packaging process by automatically erecting corrugated boxes. Cut'it! EVO – an advanced automated right-sizing system that optimizes the height of shipping boxes after items have been picked and packed to minimize void and automatically closes and seals them – all with zero waste. Ranpak's automation portfolio integrates seamlessly into modern fulfillment environments, allowing Thalia to optimize its packaging process across both its robust ecommerce platform and network of more than 500 brick-and-mortar stores, significantly enhancing throughput, package protection, and environmental performance. 'At Ranpak, we are committed to helping companies transition to smarter, more sustainable packaging processes,' said Omar Asali, Chairman and CEO of Ranpak. 'Our partnership with Thalia represents a shared vision for automation that not only delivers operational excellence but also reduces environmental impact. We are proud to support Thalia's fulfillment network with our innovative, paper-based automation solutions.' This installation represents Phase One of a broader initiative, with additional Ranpak systems under consideration as Thalia scales its operations to meet increasing customer demand across its digital and retail channels. 'Partnering with Ranpak for our new omni-channel-hub, which will be an outstanding fulfillment and production facility, marks a key milestone in our mission to make book distribution smarter, greener, and more efficient,' said Marco Rebohm, Managing Director Supply Chain and Logistics at Thalia. 'These new systems will enhance our fulfillment capabilities, support our sustainability goals, and position us for scalable growth. This is just the beginning of a powerful transformation and exciting partnership ahead.' The integration of Ranpak's solutions will be implemented by Element Logic, known for optimizing warehouse operations using AutoStore and other smart technologies. About Ranpak Founded in 1972, Ranpak's mission is to deliver sustainable packaging solutions that improve supply chain performance and reduce environmental impact. With a global footprint and a reputation for innovation, Ranpak helps businesses transition away from plastic packaging through its extensive line of paper-based products and advanced automation systems. For more information, visit About Thalia Thalia is the market-leading omni-channel-book retailer in Germany, Austria, and Switzerland, with a turnover of 1,9 bn. Euros in FY 2023/24 and approx. 6,800 employees. More than 500 bookshops make up the Thalia store network, combined with a strong presence in eCommerce to create a unique customer experience. Thalia stands for literacy, culture, and sustainable development across the DACH region. For more information, visit About Element Logic Element Logic is a technology company specializing in optimizing warehouse operations through intelligent automation systems such as AutoStore. With deep expertise in logistics processes and software integration, Element Logic ensures future-ready solutions that drive efficiency and scalability for customers across Europe.
Yahoo
13-05-2025
- Business
- Yahoo
Ranpak Expands its Global Footprint Through Large-Scale Sustainable Packaging Partnership with Thalia
Leading international book retailer partners with Ranpak to boost efficiency and reduce environmental impact across its more than 500 stores and ecommerce operations. CONCORD TOWNSHIP, Ohio & HAGEN, Germany, May 13, 2025--(BUSINESS WIRE)--Ranpak Holdings Corp. ("Ranpak") (NYSE: PACK), a global leader in sustainable packaging automation technology and solutions, today announced a strategic partnership with Thalia, the largest book retail chain in the DACH region (Germany, Austria, and Switzerland). The partnership marks a significant advancement in Thalia's fulfillment capabilities and commitment to sustainability. As part of the first stage of this collaboration, Thalia will install at its fulfillment and production facility, that will be opened in 2026, a total of 12 Ranpak automated packaging systems, including 3 Cut'It!™ EVO, 3 Form'It!™ packers, and 6 Flap'it!™ systems. Flap'it! – an automated right-sizing solution developed to streamline the packing process and protection for small, flat items. Form'it! – an automated box-forming system designed to improve the first step in the packaging process by automatically erecting corrugated boxes. Cut'it! EVO – an advanced automated right-sizing system that optimizes the height of shipping boxes after items have been picked and packed to minimize void and automatically closes and seals them – all with zero waste. Ranpak's automation portfolio integrates seamlessly into modern fulfillment environments, allowing Thalia to optimize its packaging process across both its robust ecommerce platform and network of more than 500 brick-and-mortar stores, significantly enhancing throughput, package protection, and environmental performance. "At Ranpak, we are committed to helping companies transition to smarter, more sustainable packaging processes," said Omar Asali, Chairman and CEO of Ranpak. "Our partnership with Thalia represents a shared vision for automation that not only delivers operational excellence but also reduces environmental impact. We are proud to support Thalia's fulfillment network with our innovative, paper-based automation solutions." This installation represents Phase One of a broader initiative, with additional Ranpak systems under consideration as Thalia scales its operations to meet increasing customer demand across its digital and retail channels. "Partnering with Ranpak for our new omni-channel-hub, which will be an outstanding fulfillment and production facility, marks a key milestone in our mission to make book distribution smarter, greener, and more efficient," said Marco Rebohm, Managing Director Supply Chain and Logistics at Thalia. "These new systems will enhance our fulfillment capabilities, support our sustainability goals, and position us for scalable growth. This is just the beginning of a powerful transformation and exciting partnership ahead." The integration of Ranpak's solutions will be implemented by Element Logic, known for optimizing warehouse operations using AutoStore and other smart technologies. About RanpakFounded in 1972, Ranpak's mission is to deliver sustainable packaging solutions that improve supply chain performance and reduce environmental impact. With a global footprint and a reputation for innovation, Ranpak helps businesses transition away from plastic packaging through its extensive line of paper-based products and advanced automation systems. For more information, visit About ThaliaThalia is the market-leading omni-channel-book retailer in Germany, Austria, and Switzerland, with a turnover of 1,9 bn. Euros in FY 2023/24 and approx. 6,800 employees. More than 500 bookshops make up the Thalia store network, combined with a strong presence in eCommerce to create a unique customer experience. Thalia stands for literacy, culture, and sustainable development across the DACH region. For more information, visit About Element LogicElement Logic is a technology company specializing in optimizing warehouse operations through intelligent automation systems such as AutoStore. With deep expertise in logistics processes and software integration, Element Logic ensures future-ready solutions that drive efficiency and scalability for customers across Europe. View source version on Contacts EMEA Media Inquiries: Vivianne Bongers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
Ranpak Holdings Corp (PACK) Q1 2025 Earnings Call Highlights: Strong North America Growth Amid ...
Q : Can you provide more color on the performance in different geographies, particularly in EMEA and APAC regions? A : Omar Asali, Chairman and CEO, explained that North America showed robust growth driven by large enterprise accounts. In Europe, Southern Europe performed better than Northern Europe, with Germany showing some weakness due to cautious consumer and business sentiment. Asia Pacific had mixed results, with Japan showing strong momentum, while Southeast Asia and Australia were more varied. Overall, the company expects continued growth, particularly in automation, despite some regional challenges. The company faced temporary production inefficiencies due to longer lead times at mills and invested in more inventory to protect against further disruption. Gross profit declined by 2.5% due to lower volumes in Europe and APAC, combined with higher input costs and unfavorable mix in North America. The company maintains a strong liquidity position with a cash balance of $65.5 million and no drawings on its revolving credit facility. Ranpak Holdings Corp ( NYSE:PACK ) is confident in achieving 50% growth in its automation business, supported by a strong value proposition for high-volume customers. The company is deepening relationships with major players in e-commerce and retail, positioning itself for further growth in 2025. North America was a key driver of growth, with sales up 33% and volumes up more than 40% over Q1 of 2024, driven by strong e-commerce activity. For the complete transcript of the earnings call, please refer to the full earnings call transcript . Story continues Q: Regarding automation, do you expect the projects pushed from Q1 to Q2 to be completed in Q2, and are you confident in achieving the 50% growth rate? A: Omar Asali expressed confidence in achieving the 50% growth rate for automation, noting that while some projects may shift between quarters due to their complexity, the overall pipeline remains strong. The company is working with both new and existing accounts, and despite macroeconomic uncertainties, large accounts are continuing with automation projects due to their ROI and labor-saving benefits. Q: How should we think about the benefits of pricing and cost management initiatives on gross margins in the coming quarters? A: William Drew, CFO, stated that gross margins are expected to improve from Q1 to Q2, with further improvements in Q3 and Q4 as cost initiatives take hold. The company is implementing price increases and operational efficiencies to enhance margins. Q: Can you provide details on the cost reduction actions being taken? A: Omar Asali mentioned that the company is focusing on better planning and forecasting to reduce inefficiencies related to freight and warehousing. They are also evaluating organizational redundancies and investing in operational efficiencies in automation. William Drew added that headcount reductions, improved logistics, and tight control on discretionary spending are key areas of focus. Q: How are tariffs impacting your business, particularly in terms of capital expenditures and sourcing? A: Omar Asali explained that tariffs primarily affect capital expenditures for PPS converters sourced from China and other Asian countries. The company is exploring alternative sourcing and refurbishment of existing machines to mitigate impacts. Automation equipment sourced from Europe is less affected by Asian tariffs, and the company is focused on minimizing costs while maintaining a strong value proposition for customers. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
