# Xano Industri completes acquisition of Integrated Packaging Solutions

Xano Industri completed its acquisition of Integrated Packaging Solutions, a Denver-based canning-industry packaging company with about $16 million turnover, for $21 million in cash, announced August 22, 2023.

- Type: Acquisition
- Announced: 2023-08-22
- Where: Denver, Colorado, United States
- Value: $21.0M
- Status: completed
- Products: canning industry packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Integrated Packaging Solutions](https://endata.com/companies/10919.md) (target)
- [Xano Industri](https://endata.com/companies/11059.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/XANO-INDUSTRI-AB-59717479/news/Xano-completes-acquisition-of-Integrated-Packaging-Solutions-announced-in-August-47201105/), 2023-09-28: "The purchase price of USD 21 million is paid in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.