Spanish private equity firm Clave Mayor has acquired a majority stake in Coalza Systems, a manufacturer of high-performance packaging machinery based in Massanasa, Valencia.
Dunes Point Capital made a controlling investment in Vanguard Packaging, Advanced Logistics & Fulfillment and Great Plains Packaging, makers of corrugated displays and industrial packaging based in Kansas City, Missouri. Vanguard employs about 200 people.
SMI S.p.A. installed a new bottling and packaging line for Al Etihad Refreshment's Doha Water brand in Qatar. The line currently produces 20,000 bottles per hour and can be doubled to 40,000 by adding one integrated system.
Arglass Yamamura will invest $123 million to build its first U.S. glass container manufacturing plant in Valdosta, Lowndes County, Georgia, creating more than 150 jobs.
Rengo announced that its subsidiary Tri-Wall Limited will acquire Germany-based TRICOR Packaging and Logistics AG, a heavy-duty corrugated packaging producer. Completion was expected before the end of August 2019.
Pollard Group has invested £200,000 in a Lamina 1116 Blackline fully-auto litho sheet laminator for its Leicestershire factory to meet a significant new order from a high street retailer.
The US Defense Logistics Agency awarded Global Direct Marketing dba Paramount Packaging a contract for collapsible reusable bulk packing systems, with a two-year estimate of about $3.43 million. Place of performance is the Defense Distribution Supply Center Susquehanna in New Cumberland, Pennsylvania.
Graphic Packaging's board approved a $600 million investment in a new coated recycled board machine with about 500,000 tons annual capacity, to be built in Ohio or Michigan subject to permitting and incentives. The company expects $100 million incremental annualized EBITDA upon full ramp-up in 2022.
Schur International takes over Emballagegruppen A/S, a carton packaging and label maker with two sites in Vejle, from Maj Invest Equity, effective 14 August 2019. Emballagegruppen has about DKK 180m turnover and 130 employees.
TOP Packaging, a joint venture of Thimm Group and Saica, is taking over United Packaging SA's plant in Skarbimierz near Wroclaw, Poland, pending approval by the Polish cartel office. The plant has over 100 employees.
Sofina has subscribed to approximately 25% of shares in Drylock Technologies, a hygiene manufacturer. The funds will support Drylock's business plan.
Ondulys completed construction of a €20 million automated high-bay warehouse for corrugated packaging in Saint-Quentin, France. The 37m-high facility doubles storage capacity to 20,000 pallets and will enter service in autumn 2019.
Euro Packaging Group subsidiary Coppice Alupack acquired UK-based aluminium foil manufacturer Nicholl Food Packaging out of administration. The deal saved all 92 jobs; the amount was undisclosed.
Dukane acquired all assets and intellectual property of Aurizon LLC in Kimberly, Wis., a developer of high-power rotary ultrasonic systems for nonwoven materials, textiles and packaging. Aurizon will continue operations at its Wisconsin facility.
ABG International and Kocher & Beck acquired the productive unit of Enprom Packaging, a manufacturer of packaging and labeling machinery in Sant Julià de Ramis, Spain, through a joint venture.
Puyallup-based SeaTac Packaging will finance a new 102,000-square-foot manufacturing facility in the Frederickson Industrial Area with a $10 million Industrial Development Revenue Bond, creating 50 permanent jobs.
Arkema's adhesives subsidiary Bostik is buying Prochimir, a French producer of thermobonding adhesive films, for an undisclosed sum. Prochimir has annual sales of about $33 million and 85 employees. The deal is expected to close by year-end 2019.
Iron Heart Canning purchased its 50th canning line from Wild Goose Filling Systems to expand its mobile beverage canning services. Iron Heart operates from 23 warehouses serving 22 US states.
Induplast SpA, a Bolgare-based maker of cosmetic packaging, acquired Vexel Srl, combining injection and blow molding capabilities and product catalogs. Vexel's founders keep a minority stake and their operational roles.
Weihai Longgang Paper invested 210 million yuan in 2019 in a new high-strength corrugated base paper production line with pulping and a wastewater treatment plant. Trial production started in August 2019.
Yunnan Hongta Plastic, a subsidiary of Enjie, will relocate its BOPP film production to Yuxi High-tech Zone and invest 360 million yuan to build a 70,000-ton BOPP film expansion project, adding one new production line.
EkoNiva and Tetra Pak signed an agreement for Tetra Pak to supply processing and packaging equipment, including automation, for a new dairy plant being built in Maslyaninsky District, Novosibirsk Region, Russia. The agreement was announced on July 31, 2019. Investment is 21 billion rubles, and commissioning is planned for 2020.
Smurfit Kappa has opened a new paper recycling plant in Marlia near Lucca, Italy, processing about 15,000 tonnes of recycled paper, rising to 25,000 tonnes next year. Six staff currently work at the site.
SIG will construct a €180 million second production plant in Suzhou, China, to meet growing demand for aseptic carton packaging in Asia-Pacific. The 120,000m² plant is expected to be operational in early 2021.
SIG announced a second production plant in Suzhou, China, with a total investment of EUR 180 million and a 120,000 square meter site at Suzhou Industrial Park. It is expected to be operational in early 2021.
Albea acquired Innovative Beauty Group, a full-service beauty packaging and turnkey solutions provider with a presence in China and Europe. MP Corporate Finance was exclusive M&A advisor to the shareholders and founders.
Coexpan opened a food packaging plant in Kotovo industrial park, Naro-Fominsk, Moscow region, with investments of about RUB 850 million. The plant produces polymer tape for dairy and food packaging, currently employs 57, with plans to expand to 120 jobs.
Nine Dragons Paper announced it will acquire equity in nine Hong Kong and mainland China packaging companies from their owners for about RMB 628 million, plus a 40% stake in a corrugated packaging joint venture. The deal is aimed at integrating upstream and downstream packaging operations.
Paccor acquired a majority stake in EDV Packaging, a Barcelona-founded maker of high-barrier rigid plastic packaging for food, with founders keeping a minority stake. DC Advisory was exclusive financial advisor to the shareholders. The deal was signed and completed in July 2019.
Weber Maschinenbau and Wipotec have expanded their strategic partnership to include quality control of end packaging, integrating Wipotec's inspection equipment into Weber's packaging machine technology for sliced meat and cheese products.
Progroup AG and packaging maker K2 Verpackungen are jointly investing around EUR 17 million to expand and modernise their adjacent plants in Offenbach an der Queich, Germany. Progroup is building a transport bridge and expanding its high-bay warehouse, while K2 adds an automated production line.
Rondo Ganahl, a corrugated board and packaging manufacturer, has opened a new digital print production plant in St. Ruprecht an der Raab, Austria, with a €25 million investment. The facility features a Koenig & Bauer Durst Delta SPC 130 single-pass press and started production in April 2022.
The UK Competition and Markets Authority found in its Phase 1 investigation that Liqui-Box's proposed takeover of DS Smith's rigid and flexible packaging business could reduce competition in Bag-in-Box packaging. The parties must address the concerns or face an in-depth Phase 2 investigation.
Clave Mayor Corp. Industrial SCR Pyme SA and executive Fernando Fernández Garcés have acquired a majority stake in Coalza Systems, a packaging machinery manufacturer based in Massanassa, Valencia. The founders' family retains a significant minority stake.
Genera secured more than $118 million in financing, anchored by WindSail Capital Group, for a manufacturing facility in Vonore, Tennessee, to produce Earthable compostable paper and packaging products. The facility is under construction and expected to start deliveries next year.
Sidel announced on July 18, 2019 that it acquired Cognac Moules Emballages Plastiques (COMEP), a French producer of PET bottle moulds based in Salles-d'Angles with around 60 employees and over 4,000 moulds produced per year. COMEP will operate as a separate sales channel for moulds and tooling.
Rand-Whitney Container LLC acquired Specialty Finance & Consulting Corporation (SF&C) of Red Lion, Pennsylvania, a corrugated sheet and packaging manufacturer, including its Specialty Industries, NuPak Printing and Krafcor Industries units. The deal expands Rand-Whitney into the Mid-Atlantic region.
Prowell, a subsidiary of Progroup AG, is opening a corrugated board factory in Drizzona, Italy, next to Imbal Carton, with a 100,000-tonne annual capacity and about 40 new jobs.
The Middleby Corporation acquired Packaging Progressions, Inc., a Souderton, Pennsylvania-based maker of automated packaging technologies for protein and bakery segments, with $30 million in annual revenues.
Plastipak Packaging signed a 96-month lease expansion of 233,770 square feet at Southern California Logistics Airport, bringing its total occupied space there to 530,230 square feet. The space supports a new bottled water business.
Standard-Knapp shareholders agreed to sell the Portland, Connecticut packaging machinery maker to EoL Packaging Experts, which includes Germany's A+F Automation. The merger creates an end-of-line packaging leader in America and Europe.
Ardagh Group agreed to combine its Food & Specialty Metal Packaging business with Exal Corporation to form Trivium Packaging, a metal packaging company with 57 facilities and about 7,800 employees, headquartered in the Netherlands. Ardagh will hold 43% and receive about $2.5 billion in cash, with completion expected later in 2019.
Italy's Guala Pack is opening a 14 million euro packaging film factory in Romania.
Tri-Wall Europe's UK arm has secured more than £700,000 of government funding towards a £1.18m project to set worldwide standards for transporting lithium-ion batteries, with a focus on eliminating thermal runaway. The company's UK headquarters and factory are in Monmouth, Wales.
The Absolut Company signed a 10-year supply agreement with Ardagh Glass Limmared AB for Absolut Vodka bottles, valued at more than SEK 5 billion and running to 2029. Ardagh Glass Limmared is the largest supplier of the bottle.
PFM has acquired the majority shares of ST2 ENGINEERING, renamed pfmtechlab, a new R&D center based in Volvera, Italy, dedicated to mechanical design and development of special solutions for handling and packaging.
Ludwig Paletten GmbH enlarged its second site in Baden-Baden Steinbach from 10,000 to 20,500 square metres, adding a production hall, office and storage halls for a total investment of just over EUR 4 million. Occupancy is planned for early 2020.
Pretium Packaging invested $2 million in new reheat stretch PET blow molding equipment and infrastructure at its Troy, Alabama plant. The lines can make cold- and hot-fill containers from 6 ounces to 2 liters.
3Epack Ltd has introduced the 3EPak paper bottle concept, which uses about 5 g of plastic and is up to 75% compostable, along with a prototype production line for the packaging.
Pusterla 1880 Group agreed to acquire Cavalieri & Amoretti and its subsidiaries, adding luxury round-box secondary packaging capacity. Founder Gianluca Cavalieri keeps a minority stake. The deal value was not disclosed.