Russian beverage producer Bochkari completed the purchase of 100% of two Russian aluminium can companies from Tapon France and Canpack S.A., which operate can plants in Volokolamsk and Novocherkassk. The assets now sit under a new entity called Dom Pak.
Russian packaging manufacturer Kappa Rus has acquired Okulovskaya Paper Mill LLC, which produces corrugated base paper and packaging in the Novgorod region.
Huhtamaki is selling its four Russian production sites, which employ 724 people, to Russian buyer Espetina Ltd for 151 million euros. Huhtamaki expects a profit of about 15 million euros in the third quarter of 2022.
Austria's Prinzhorn Group has signed an agreement to buy a 50% stake in Russian paper and corrugated packaging maker SFT Group, which will become a joint venture. The deal is subject to regulatory approval and its value was not disclosed.
Austria-based Constantia Flexibles has agreed to acquire a major stake in TT-print, a Russian maker of aluminium blister foil and coldform pharmaceutical packaging, for an undisclosed sum. Completion was scheduled for Q1 2019.
Emsur, the flexible packaging division of Grupo Lantero, has acquired a majority of Russian shrink sleeve producer Eximpack, which it had partly owned for over two years.
Smurfit Kappa has acquired Soyuz, a Moscow-based corrugated packaging company with about 300 employees, strengthening its position in Russia. No financial terms were disclosed.