Welcome to our dedicated page for Ranpak Holdings news (Ticker: PACK), a resource for investors and traders seeking the latest updates and insights on Ranpak Holdings stock.
Ranpak Holdings Corp. (NYSE: PACK) is a manufacturing company focused on environmentally sustainable, systems-based product protection and end-of-line automation solutions for e-commerce and industrial supply chains. This news page aggregates announcements and updates directly related to Ranpak’s operations, partnerships, product launches, and financial performance.
Readers can expect coverage of quarterly and annual financial results, where Ranpak reports trends in net revenue, adjusted EBITDA, packaging system placements, and the performance of its cushioning, void-fill, wrapping, and automation product lines. Earnings releases often include management commentary on regional performance across North America and Europe/Asia, as well as updates on cost initiatives and margin improvement efforts.
The news feed also highlights strategic partnerships and commercial agreements. Recent examples include collaborations with large retailers and distributors to deploy Ranpak’s AutoFill, Cut’it! EVO, Form’it!, Flap’it!, and related automation systems in high-volume fulfillment and distribution centers. These stories describe how automation and paper-based packaging solutions are used to improve throughput, reduce packaging waste, and support sustainability goals.
Product and technology announcements form another key category of Ranpak news. The company has introduced systems such as the FillPak Mini compact void-fill converter and showcased integrated end-to-end packaging solutions that combine paper packaging with automation, machine vision, and AI-driven technologies like DecisionTower and AutoFill.
Investors and industry professionals can use this page to follow Ranpak’s evolving role in e-commerce and industrial logistics, track its automation growth, and monitor developments in its sustainable packaging portfolio. For those interested in PACK stock, the news feed complements SEC filings and financial data by providing narrative context around Ranpak’s strategic direction and operational milestones.
Ranpak Holdings Corp. (NYSE: PACK) will release its fourth quarter and full year 2021 results on February 25, 2022, at approximately 7:30 a.m. (ET). A conference call and webcast will follow at 8:30 a.m. (ET). Investors can access the live webcast at this link or join via telephone at 844-200-6205 (US) or 929-526-1599. A replay will be available from 11:30 a.m. (ET) on February 25 until 11:59 p.m. (ET) on March 4.
Plenty Unlimited Inc. has successfully raised $400 million in a Series E financing round, marking the largest investment for an indoor farming company. The round was led by new investors One Madison Group and JS Capital, with contributions from Walmart and SoftBank Vision Fund. The funds will facilitate the company’s strategy to sell complete farms directly to partners. Furthermore, Plenty has partnered with Walmart to provide pesticide-free produce, starting with leafy greens sourced from its Compton farm in 2022.
Ranpak Holdings Corp (NYSE: PACK) has acquired Recycold Cool Solutions BV, a manufacturer of sustainable cool packs. This acquisition enhances Ranpak's Cold Chain packaging solutions with environmentally friendly options, expanding market offerings across 14 European countries. Ranpak plans to integrate Recycold's operations into its new facility in the Netherlands by the end of 2022, aiming for international growth. The acquisition reflects Ranpak's commitment to sustainable product development and improves its competitive stance in the thermal protection market.
Ranpak Holdings reported a 26.4% increase in third-quarter net revenue, reaching $97.1 million, driven by strong growth in North America and Europe/APAC. The net loss decreased to $1.4 million from $6.1 million year over year. Adjusted EBITDA rose 20.3% to $28.5 million, with a 29.8% margin. Packaging systems placed increased by 14.2% to approximately 129,200 machines. The year-to-date revenue surged 28.5%, and the company maintains a strong liquidity position with $110.4 million in cash.
Ranpak Holdings Corp (NYSE: PACK) is establishing an 80,000 square foot innovation and automation center in Shelton, Connecticut, projected to employ 100 workers by 2024. Initially, 35 jobs will be created. The facility will include a showroom for automation products, a research center for AI applications, and 50,000 square feet for manufacturing. Construction is set to finish in Q4 2022. The company has been recognized as one of the most innovative logistics firms in 2021 for its eco-friendly packaging solutions. This move underscores Ranpak's commitment to advancing sustainable packaging technology.
Ranpak Holdings Corp. (NYSE: PACK) will release its third quarter 2021 results on Thursday, October 28, 2021, at approximately 7:30 a.m. ET. A conference call and webcast will follow at 8:30 a.m. ET. Investors can access the call via this link or by dialing 844-200-6205. A replay will be available from 11:30 a.m. ET on the same day until November 4, 2021. Founded in 1972, Ranpak focuses on environmentally friendly packaging solutions for e-commerce and industrial supply chains.
Ranpak Holdings Corp. (NYSE: PACK) has made a strategic investment in Creapaper GmbH, innovator of grasspaper products. This investment aims to enhance sustainable, paper-based packaging solutions amidst growing global demand. Creapaper's patented process for producing grasspaper significantly lowers CO2 emissions and water usage. Their products are rapidly gaining traction across Europe, including in Germany and Italy. Ranpak's CEO emphasizes commitment to sustainability, aiming to replace plastic packaging, while Creapaper's founder expresses confidence in their environmental impact.
Ranpak Holdings Corp (NYSE: PACK) has launched AutoFill™, a fully automated end-of-line packaging solution designed to enhance throughput and reduce labor costs in North America. This innovative system utilizes smart sensors to determine box size and optimally dispense paper void fill, achieving cost reductions of up to 20%. Capable of processing 1200 boxes per hour, AutoFill™ addresses shipping damage and waste while improving packaging efficiency. CEO Omar Asali emphasizes the solution's alignment with sustainability and operational efficiency goals.
Ranpak Holdings Corp. (NYSE: PACK) reported strong Q2 2021 results with net revenue of $87.5 million, a 29.1% increase year-over-year. Adjusted EBITDA grew 34.7% to $25.6 million. The growth was driven by heightened demand across protective packaging products due to rising e-Commerce activity and a focus on sustainability. Year-to-date, net revenue increased 30.1% with a decrease in net loss to $5.2 million. With $125.3 million in cash and no debt, Ranpak is well-positioned for future investments.
Ranpak Holdings Corp. (NYSE: PACK) will announce its second quarter 2021 financial results on July 29, 2021, at 7:30 a.m. ET. A conference call will be held at 8:30 a.m. ET, which will be available via webcast at the provided link. A telephonic replay will be accessible from 11:30 a.m. ET on the same day until August 5, 2021. Ranpak, established in 1972, focuses on environmentally responsible packaging solutions, serving e-commerce and industrial supply chains with approximately 650 employees.