US packaging group Sonoco acquired the remaining 70% stake in Conitex from Texpack, giving it 100% of Conitex, the parent of Papertech in Tudela, Spain. The deal is valued at EUR 123 million and was notified to Spain's CNMC on 27 August 2018.
DS Smith has announced its acquisition of Spanish-listed integrated packaging company Europac in a £1.45 billion deal, which it plans to finance by raising £1 billion in new shares plus a new debt facility. The deal is friendly but subject to CNMV approval.
Aurelius Equity Opportunities completed its acquisition of Abelan Board Industrial S.L., a Southern European producer of core board and solid board packaging, effective January 31, 2018. Abelan will be combined with Aurelius portfolio company Solidus Solutions.
Crown Holdings announced it will build a new aluminum beverage can plant at Parc Sagunt near Valencia, Spain, with initial annual capacity of about 900 million cans, expected to be operational in Q4 2018.
Saica plans to invest EUR 29 million in a fully automated warehouse at its El Burgo de Ebro paper plant in Spain, with a total investment that could reach EUR 50 million. The warehouse is planned to be operational in 2019.
Mespack, a Duravant subsidiary making flexible packaging machinery, acquired Barcelona-based SR Innova, which makes secondary packaging and end-of-line machinery. The deal was announced on August 8, 2017; the value was not disclosed.
Crown Holdings will invest EUR 66 million to build an aluminium beverage can production plant on 60,000 square metres at Parc Sagunt in Valencia, Spain, creating more than 100 direct jobs. The approval was announced on 6 July 2017.
Crown Holdings plans a new plant at Parc Sagunt in Valencia, reported as a EUR 66 million investment creating 112 jobs. The company would occupy about 71,000 square metres for beverage can production, pending board approval.
Crown Holdings plans to invest about EUR 66 million and create 112 direct jobs on a 60,000-65,000 square metre plot at Parc Sagunt industrial park in Valencia to make beverage cans. Approval by the park's board was expected the following Friday.
LY Company chose MachinePoint Engineering to build its new factory in Malaga for packaging wine, water and oil in carton containers, with financing and a Tetra Pak partnership arranged through MachinePoint. The article is dated 2 May 2017.
German rigid plastic packaging manufacturer Jokey Group acquired Treplas, an injection molding company based in Molina del Segura, Murcia, Spain, to strengthen its position in the Iberian Peninsula. The deal was announced in May 2017.
Amcor is investing in a new flexo press at its Alzira business in Spain to meet increased demand for blister foils and sachets in Iberia. No investment value was given.
Europac announced a €10m investment plan at its Lucena packaging plant to increase production, buy new assets and expand installations, expected to create 25 direct jobs.
Europac Group bought two companies holding an integrated corrugated packaging plant in Lucena, Córdoba, Spain, at an enterprise value of €9.8 million. The plant had 2016 sales of €7.6 million and will operate as Europac Packaging Lucena, with a planned €10 million investment and 25 direct jobs.
Ball Beverage Packaging will install a new can factory in Cabanillas del Campo, Guadalajara, with an initial investment above EUR 100 million and more than 110 direct jobs. The plant will make about 1.2 billion aluminum cans a year, with a second line planned later.