H.I.G. Capital portfolio company Cadica Group has acquired the majority of Scatolificio Cartotecnica Giorgi, a Tolentino packaging box maker producing over 70,000 boxes daily, announced January 21, 2020.
IG Design Group agreed a merger to acquire US consumer product maker CSS Industries for $9.40 per share in an all-cash deal valued at about $88 million, announced January 21, 2020.
Fosber confirms the sale of a 2.8m S/Line 420 corrugator to PCM for their Ciudad Juarez factory.
NewPort Capital has invested in Bliston Packaging, a manufacturer of packaging trays, to support its growth strategy. The investment will enable Bliston to accelerate its growth and strengthen its market position.
AAR Mobility Systems has been awarded a sole-source IDIQ contract valued at $90 million by the Defense Logistics Agency Troop Support to produce specialized shipping/storage containers and accessories. The containers will be manufactured in Cadillac, Michigan.
Dunapack Packaging, part of Austria's Prinzhorn group, will invest €52 million in a new corrugated packaging plant in Dunavarsány, about 15 km south of Budapest, with capacity of 240 million m². Production start-up is scheduled for summer 2021.
Bobst Group SA and CITO-SYSTEM GmbH have entered exclusive negotiations regarding a potential joint venture, with Bobst planning to acquire a majority holding in CITO. The transaction is expected to close in Q1 2020.
German plastic container maker Auer Packaging received its first order from Rolls-Royce, for Euro containers with hinged lids and closed big boxes used in engine production logistics. The order was received in December 2019 and reported on January 16, 2020.
Colombier is installing a new state-of-the-art cut-size sheet cutter at its Zeebrugge seaport site in Belgium.
Colombier Group has announced the launch of EasyCup, a product in its sustainable packaging range.
Clearlake Capital Group, in partnership with management, has acquired rigid packaging maker Pretium Packaging from Genstar Capital. Pretium operates 19 automated plants in the US; financial terms were not disclosed.
Canpack has launched its aluminum beverage can factory in Tocancipá, Cundinamarca, Colombia, with an investment of US$150 million. The 75,000 m2 plant can produce about 1.3 billion cans a year, expandable to 1.9 billion, and will serve Peru, Ecuador and the Caribbean.
Prepack Thailand has installed Vetaphone corona treatment units on two extrusion lines at its plant in Amphawa Samutsongkram, Thailand, replacing existing equipment.
Packaging Corporation of America has built a $26 million corrugated cardboard box plant on a 42-acre Richland site bought from the city for $1.7 million. The plant opened with an estimated 65 workers, with the workforce expected to grow to 100-150.
Ball Corporation broke ground in Rome, Georgia on a new aluminum cups manufacturing facility next to its existing can plant, a multi-year investment of about $200 million that plans to hire approximately 145 employees.
MYS signed an investment agreement with the People's government of Xishui county to jointly invest RMB 300 million in an intelligent manufacturing project for high-end packaging in Xishui, Guizhou province. The first phase will lease a factory in Xishui Economic Development Zone.
Douglas Machine is planning a $3.8 million addition to its facility at 3404 Iowa Street in Alexandria, Minnesota, adding about 45,900 square feet of warehouse, manufacturing and office space. The expansion is expected to add 15 full-time employees within two years.
Bunzl Distribution announced the acquisition of Joshen Paper & Packaging, a distributor of packaging supplies with locations in 11 US states and about 450 employees.
Private equity firm Industrial Opportunity Partners has acquired Midwest Paper Group, a recycled containerboard mill in Combined Locks, Wisconsin. Terms were not disclosed.
Polish group CANPACK is building an aluminium beverage can plant in Stribro with an investment of about CZK 2.5 billion, employing up to 160 people, with production planned to start in July 2020.
Amcor Flexibles North America partnered with Moda vacuum packaging systems to combine Amcor shrink bag and rollstock film with Moda equipment for meat and cheese producers.
Trivium Packaging and Dutch dairy company Ausnutria B.V. are jointly building a can manufacturing plant in the Netherlands. The facility will be a 'wall to wall' operation.
Guala Closures consolidated its position in the beverage and water market by acquiring the assets of Closurelogic. No value was disclosed.
Amcor Flexibles North America partnered with Moda vacuum packaging systems, combining Amcor shrink bag and rollstock film with Moda equipment for meat and cheese producers.
Walki Group signed a license agreement with Smart Planet Technologies to use its Earth Coating plastic reduction technology in packaging applications for the European market. The license covers seven product application verticals.
Manchester-based Weedon Corrugating Products ordered RMM Dasong B flute corrugating rolls from Jarshire to replace existing equipment, with delivery due in February or March 2020.
Fabbri Group announced the acquisition of CAVECO, an Italian company specializing in tray-sealing packaging machines and lines for fresh food. The acquisition strengthens Fabbri Group's position in the tray-sealing machine segment.
i2i Europe, part of the Weedon Group, was appointed for an initial two years to update the Co-op's own-brand corrugated store delivery packaging and retail ready packaging. The work includes reducing packaging and replacing single-trip plastic with paper-based materials.
Gruppo Fabbri announced that CAVECO has officially joined the Modena-based group, adding thermosealing machines and packaging lines to its portfolio. The deal's value was not disclosed.
Arglass Yamamura, a joint venture between Cambium and Nihon Yamamura Glass, is constructing a $123 million glass container manufacturing plant in Valdosta, Georgia. The plant is expected to start production by November 2020.
Packaging company Albéa is to open a new plant in Huai'an, China, which will manufacture metal tubes.
Mondi Kalenobel developed a recyclable polypropylene mono-material film replacing a multi-material laminate for Unilever's Knorr dry soup powder in Turkey. The packaging has been introduced to the Turkish market for selected Knorr designs.
TricorBraun, a North American primary packaging supplier, acquired Minneapolis-based Packaging Solutions Inc (PSI), a rigid packaging supplier with 25 years of experience, adding a Minneapolis warehouse. Financial terms were not disclosed.
Bobst Group SA has entered into exclusive negotiations to acquire a majority participation in CITO-SYSTEM GmbH, a tooling company for packaging production. The closing is expected in Q1 2020.
Evergreen Packaging announced a partnership under which Oatly Frozen switched to its fully renewable Sentinel ice cream board, converted by Stanpac Packaging, with no change to existing converting equipment.
MSI Express, backed by HCI Equity Partners, acquired contract packager Power Packaging on December 31, 2019, and announced it on January 7, 2020. Power has four facilities in the Chicago area, Wisconsin and Texas, and takes the combined platform to 12 production facilities.
Shanghai Eternal Machinery Co., Ltd (Eterna), a member of Bobst Group, acquired 70% of the equity of Yancheng Hongjing Machinery Technology Co., Ltd on January 6, 2020. Hongjing will become the competence center for folder-gluers of Eterna.
Beta Glass Plc plans to complete a $30 million furnace capacity expansion at its Guinea Plant in Agbara, Ogun State, Nigeria by June 2020. The new furnace will add 35,000 tons per annum of glass bottle capacity and introduce NNPB technology.
CVC Capital Partners completed the acquisition of Bosch Packaging Technology on January 2, 2020, and renamed it Syntegon Technology. The business employs 6,100 people at over 30 locations and posted EUR 1.3 billion in sales in 2019.
Oji Holdings Corporation and Ishizuka Glass Co., Ltd. concluded a basic joint venture agreement on paper container-related business to strengthen their foundation, develop new products, and expand overseas.
In early 2020 CANPACK announced an increase of production capacity at its Colombian can plant to 1.9 billion cans per year.
DS Smith opened a new 550,000-square-foot corrugated box manufacturing plant in Lebanon, Indiana, on January 24, 2020, capable of producing about 30,000 boxes an hour.
NCI Packaging invested $35 million in a new Auckland factory producing milk powder cans, with production starting at the beginning of 2020. The site includes a Metal Star 3 printing press, the only one in New Zealand.
Nissin Foods Co Ltd completed the acquisition of all equity in Zhuhai Lianzhi Technology Co Ltd, which was renamed Zhuhai Nissin Packaging Co Ltd, on December 30, 2019.
ND Paper plans to invest about $49 million to open a corrugated cardboard box plant in Racine County, Wisconsin, creating 88 jobs. The Wisconsin Economic Development Corp disclosed the plan.
Manohar Packaging, a Mumbai-based liquor packaging specialist, has invested in a greenfield factory in Punjab. The company ordered six Bobst machines (three Novacut E die-cutters and three Expertfold folder-gluers) at PrintPack India 2019.
Yishunda Intelligent Packaging Machinery is building a new plant in Zhangzhou High-tech Zone, Fujian. The 32-mu facility will produce 40,000 intelligent strapping machines and 20,000 packaging machine parts annually, with an output value of CNY 200 million. Construction started on November 10, 2019, and the first phase (Building 3) is expected to be completed and operational by May 2020.
Precise Packaging opened a new 15,000 square-foot aerosol and liquid contract manufacturing facility in Fall River, Massachusetts, near its headquarters. The site has two custom liquid filling lines and a new shrink sleever, and the company hired several new staff.
Rengo's Thai joint venture Thai Containers Group, through subsidiary TCG Solutions, acquired 94.11% of Bien Hoa Packaging, a corrugated cardboard and paper packaging maker near Ho Chi Minh City, Vietnam. The deal was announced on December 23.
Juniper opened a container glass plant in Debre Birhan, about 130 km from Addis Ababa, with capacity of 200 million glass bottles a year. Construction and equipment cost about $100 million, and Rama Construction built the factory.