Probiotic expands manufacturing with packaging buy

Pharmaceutical company Probiotic (ASX: PBP) has increased its manufacturing footprint with the purchase of Sydney packaging company ABS, formally Australian Blister Sealing. Probiotic paid $23 million for the 40-year-old Seven Hills company which provides contract packaging services for the pharmaceutical and food sectors, including bottle filling, labeling and blister packaging. Probiotic managing director, Wes Stringer…

Bombardier wins new Adelaide train order

Bombardier Transportation’s Dandenong, Victoria factory will produce another 12 train sets for Adelaide’s ongoing rail network electrification project. The company, which provided 22 A-City train sets for the city’s first electrified suburban line to Seaford, has won a contract variation to add another 12 of the three-car sets from the state government. The A-City trains…