Outlook Group completed the acquisition and integration of the Pewaukee, Wisconsin, flexible packaging facility of ABX Innovative Packaging Solutions, adding flexible packaging and film-printing capacity.
Intertape Polymer Group acquired Clysar, which will operate as Clysar, an IPG Company, alongside its Exlfilm brand in the shrink film category.
Butterfly Equity has signed a definitive agreement to acquire Sayreville, New Jersey-based Sabert, a plastic, paper and molded-fiber food packaging maker with 13 manufacturing facilities, for undisclosed terms.
Boca Raton-based New Water Capital acquired LidWorks, a family-owned maker of custom food and beverage lids in Plant City, Florida, and plans plastic packaging add-ons.
Gerresheimer agreed to sell Centor US Holding and its global Primary Packaging Plastics business, with 15 plants in nine countries plus Centor's US site, to Apax Funds at an enterprise value of about EUR 1.5 billion. Closings are expected by the end of FY2026 for Centor and in H1 FY2027 for the plastics business.
Shore Capital-backed FirmaPak, a Chicago-based maker of blow molded packaging, has acquired Easy Plastic Containers Corp.
Sterling-backed Precision Concepts International (PCI) acquired Comar, a Voorhees, New Jersey producer of consumer and healthcare rigid packaging and plastic medical products. No financial terms were disclosed.
ProAmpac has signed a definitive agreement to acquire flexible packaging provider PAC Worldwide, headquartered in Redmond, WA. Terms of the transaction were not disclosed.
Shore Capital-backed FirmaPak, a manufacturer of blow molded packaging solutions, has acquired Lighthouse Packaging. The article gives no deal value or location.
Berry Global Group acquired CMG Plastics, a North American producer of containers, bottles, closures and specialty packaging with about 170 employees. PMCF Investment Banking served as exclusive financial advisor to CMG.
Novolex agreed to acquire Pactiv Evergreen for $18 per share in cash, a deal valued at about $6.7 billion, creating a larger North American packaging company. Apollo Funds and CPP Investment Board will contribute about $1 billion, and closing is expected in mid-2025.
Berry Global has acquired CMG Plastics, a maker of injection- and blow-molded rigid plastic packaging with production sites in Somerville, New Jersey and Brantford, Ontario and over 170 staff. CMG says the deal expands its resources and capabilities.
Amcor announced in November 2024 that it would acquire Berry Global in an all-stock transaction valued at $8.43 billion, combining consumer and healthcare packaging operations.
Trelleborg Sealing Solutions signed an agreement to acquire CRC Distribution, a US specialist distributor of polymer seals based in Robertsdale, Alabama, with annual external sales of about SEK 170 million. Completion is expected in Q1 2025.
Aliaxis signed a definitive agreement on August 13, 2024 to acquire the manufacturing assets of Johnson Controls' CPVC pipe and fittings business for residential and light commercial sprinkler systems, located in Huntsville, Alabama, with annual revenue of about $100 million. Financial terms were not disclosed.
Berry Global agreed to spin off and merge its Health, Hygiene and Specialties Global Nonwovens and Films business with Glatfelter in a Reverse Morris Trust deal valuing the combined company at $3.6 billion enterprise value. Berry shareholders will own 90% of the combined company and Berry will receive about $1 billion in cash.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
HCI Equity Partners-backed AmerCareRoyal acquired Thermosource Tooling and Manufacturing (TTM), a maker of thermoformed and flexible packaging in El Segundo, California. Financial terms were not disclosed.
LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.
Sharps Technology signed an asset purchase agreement to acquire Nephron Pharmaceuticals' InjectEZ specialty syringe manufacturing facility for $50 million, backed by a term sheet for up to $75 million in debt financing.
Sealed Air (NYSE: SEE) signed a definitive agreement to acquire Liquibox, a manufacturer of Bag-in-Box sustainable packaging and dispensing solutions, for $1.15 billion on a cash-free, debt-free basis. Liquibox had estimated 2022 revenue of $362 million.
IPACKCHEM, backed by SK Capital, acquired a majority stake in TPG Plastics from Beaconhouse Capital Management. IPACKCHEM plans to support TPG's expansion and bring its in-mould fluorination technology to North America.
Sinclair & Rush, Inc. completed its acquisition of Indepak Corporation, a Portland, Oregon thermoform manufacturer of custom trays, blisters and clamshell packaging. The deal adds thermoforming capacity and a west coast manufacturing footprint.
Brook + Whittle has acquired Diamond Flexible Packaging, a family-owned flexible packaging and converting company in Northbrook, Illinois, adding five pouch lines and bag-making capabilities.
good natured Products Inc. entered a definitive agreement to acquire the business and operating assets of FormTex Plastics Corporation, a Houston custom plastic packaging manufacturer, for $4.8 million USD cash, subject to closing adjustments.
Novvia Group acquired Southern Container, a Dalton, Georgia distributor of intermediate bulk containers, plastic and steel pails and drums, and other rigid packaging. The terms were not disclosed. The deal closed on April 25, 2022.
Mississippi-based Summit Plastics Inc. is acquiring Clear View Bag Co. Inc., expanding its geographic presence and product line.
IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.
Saint-Gobain acquired HyComp, a US aerospace manufacturer established in 1886 with about 120 employees, which supplies composite components. The announcement was made on March 12, 2018.
Evergreen acquired the Albany, New York (formerly UltrePET) and Amherst, Nova Scotia (formerly Novapet) rPET facilities from wTe Corp. in November 2021.
Silgan Holdings acquired Unicep Packaging, a precision dosing dispensing packaging maker with two plants in Spokane, Washington and Sandpoint, Idaho, for $237 million, with projected 2021 sales of about $45 million.
Irving Place Capital has agreed to sell Alpha Packaging, a St. Louis-based blow molder of bottles and jars, to Pretium Packaging, a Clearlake Capital portfolio company. Financial terms were not disclosed.
C-P Flexible Packaging announced its acquisition of privately held Fruth Custom Packaging and affiliated Cleanroom Film and Bag, both making flexible rollstock and pouches for cleanroom use in Placentia, California. Terms were not disclosed.
Indorama Ventures completed its acquisition of CarbonLite Holdings' Dallas, Texas PET recycling facility, bought for nearly $64 million in a bankruptcy auction. The site, renamed Indorama Ventures Sustainable Recycling, has combined capacity of 92,000 tons a year of food-grade rPET pellets and supports more than 130 jobs.
SEI Group LLC of Doraville, Georgia announced the acquisition of Tailored Foam of Florida, Inc. in Sanford, Florida. The deal value was not disclosed.
Amcor has made a strategic investment in US flexible packaging firm ePac, its first corporate venture-type investment, valued at around $10m to $15m, and is also providing financing for one or more ePac sites.
Loews Corporation has agreed to sell a 47 percent stake in Altium Packaging to GIC, the Singapore sovereign wealth fund.
Loews Corporation signed a definitive agreement to sell a 47% interest in Altium Packaging, a North American rigid plastic packaging and recycled resin company, to Singapore's sovereign wealth fund GIC, with closing expected within 30 days.
ABX announced its acquisition of the U.S. flexible packaging converter business of Berry Global Group. The business makes co-extruded multi-layer films, mainly for food applications.
Private investment firm Graham Partners acquired Berry Global's North American extrusion, converting and coating business. It will combine with Graham's Advanced Barrier Extrusions (ABX) and operate under the ABX name.
Altium Packaging has acquired the assets of SFB Plastics, Inc., a Wichita, Kansas maker of HDPE blow-molded industrial containers. The deal was announced on November 16, 2020.
Advanced Barrier Extrusions, owned by Graham Partners, agreed in October 2020 to acquire Berry Global's U.S. flexible packaging converter business for $140 million. The business comprises six printing and laminating facilities and will operate under the ABX name.
Harrington Industrial Plastics completed its acquisition of Aetna Plastics, a Cleveland, Ohio distributor of plastics and process piping systems, in partnership with Aetna management. Aetna's president Gary Davis is joining Harrington.
Canada's Transcontinental made a $1.32 billion offer to purchase Coveris Americas, which operates 21 facilities producing labels and shrink films, to become a major North American packaging company.
Tank Holding, North America's largest rotational molder, acquired Meese Inc., a maker of bulk laundry carts and material handling bins, from parent Tingue Brown & Co. The deal includes rotational molding facilities in Madison, Indiana and Ashtabula, Ohio.
Argand Partners, LP acquired Midwest Can Company and Container Specialties, Inc., makers of portable fuel containers and blow-molded plastic containers, based in Franklin Park, Illinois. No financial terms were disclosed.
Nautic Partners completed its acquisition of Harrington Industrial Plastics, a distributor of corrosion-resistant fluid conveyance, control and measurement products, in partnership with its management. Harrington was founded in 1959.
TriMas signed an agreement to acquire the Rapak brand, bag-in-box product lines and assets from Liqui-Box after Liqui-Box completes its purchase of DS Smith's Plastics Division, including facilities in Indianapolis, Union City and the Chicago area.
Gryphon Investors signed a definitive agreement to make a strategic investment in Pacur LLC, a supplier of extruded PETG sheet for medical device packaging based in Oshkosh, Wisconsin. Terms were not disclosed and the founding family and management will remain owners.