Kush Bottles signed an agreement to acquire Summit Innovations for 1.28 million shares and $3.2 million in cash, with closing expected in May 2018 subject to regulatory approvals.
Swiss packaging maker Hoffmann Neopac's US subsidiary has selected Wilson County, North Carolina for its first US manufacturing plant and new North American headquarters. The investment is reported at $31 million.
Mpact officially opened its new corrugated packaging factory in Port Elizabeth on 11 April 2018. The R150 million project centers on a new corrugator supplied by German machine maker BHS and more than doubles the plant's capacity.
ProAmpac, a portfolio company of PPC Partners, acquired Pactech Packaging, which manufactures flexible packaging such as pouches, bags and liners with zippers and spouts. Its products serve government, military, aerospace and automotive supplies.
Consolidated Container Co. acquired the assets of PolyCycle Solutions, a manufacturer of large-format plastic water containers in Irwindale, California, from DS Services of Lakeland, Florida. The deal expands CCC's large-format water production.
According to Reuters sources, SIG Combibloc is preparing an autumn 2018 stock market listing in Zurich that could value it at about 4.5 billion euros, with Onex having hired Goldman Sachs, Credit Suisse and Bank of America as global coordinators.
Funds managed by CapMan Buyout agreed to sell their holdings in Walki Group, a producer of fibre-based laminates and packaging materials, to private equity firm One Equity Partners. Financial terms were not disclosed.
Neopac US, a subsidiary of Swiss Hoffmann Neopac AG, will build its first US plant and new North American headquarters at Wilson Corporate Park in Wilson County, North Carolina, investing over $30.8 million and creating up to 44 jobs.
Alliance Packaging purchased an EFI Nozomi C18000 single-pass digital corrugated press for installation at its Seattle headquarters facility, with installation scheduled for completion in May 2018.
Minneapolis-based Liberty Diversified International acquired Phoenix-based Preferred Packaging and Crating, a manufacturer of corrugated, wood and foam packaging; the price was not disclosed.
Kala, a Utah-based converter, added an HP Indigo 6900 Digital Press to its fleet, expanding its digital printing capabilities for labels and packaging. The press offers higher speed and performance.
Greek food processor Provil selected RPC Corby's 900g Euro Squeeze multi-layer polypropylene bottle for its new Sandwich Creams sauce range.
Valmet secured an order to deliver a warp control system to Stora Enso Packaging's corrugated board plant in Ostroleka, Poland, to improve performance and reduce product warp.
ATG Investments agreed to acquire a 100% stake in Jebel Ali Container Glass Factory from Frigoglass for $12.5 million; the UAE-based plant makes glass containers.
Hengan subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY 145 million ($23.05 million).
US packaging manufacturer Orbis has completed the acquisition of custom solutions provider Response Packaging, which will operate as an Orbis brand.
Crown Food Europe opened a new easy-open end manufacturing facility at its Nagykorös plant near Budapest, Hungary. The opening was reported on April 5, 2018.
Weedon PSC completed a major restructuring of its factory at Hednesford, Staffordshire, to improve efficiency and increase capacity for e-commerce. The update was published on April 4, 2018.
Crown Food Europe opened a new can ends manufacturing facility in Nagykörös, about 100km south of Budapest, Hungary. The site has two lines producing 65mm and 73mm ends for customers across Europe.
Bain Capital Private Equity announced the acquisition of World Wide Packaging LLC, a provider of cosmetic packaging components and plastic tubes. Bain also agreed to buy a Chinese cosmetics packaging maker and plans to merge the two companies.
Rengo resolved to subscribe to 2,150,000 new shares in Toppan Containers and buy 340,000 shares from Toppan Printing, making Toppan Containers its subsidiary. The deal is subject to antitrust approvals in Japan and China.
Starlinger delivered the 100th lamiTEC coating and laminating machine to Fatima Packaging Limited in Pakistan in April 2018. The machine is used for coating woven plastic sacks.
Yorkshire Packaging Systems Ltd installed a fully automatic side feed sleeve wrapper and shrink tunnel at MH Foods' factory in Erith, UK, for packaging Frylight cooking oil spray bottles. The installation was completed in March 2018.
Packaging Corporation of America renewed leases on 82,356 sq ft at 4510 Steelway Blvd and 40,066 sq ft at 4530 Steelway Blvd in Clay, New York, used for warehousing and distribution. Lease terms were not disclosed.
F.M. Howell & Company is expanding at its Elmira, New York sites, installing new manufacturing and printing equipment for its Howell Packaging division and buying a thermoformer for Howell Plastics. The project, supported by an $800,000 capital grant from the Southern Tier REDC, will create 14 jobs and retain 182.
Constantia Flexibles Group agreed to acquire a majority shareholding in India's film-based laminates producer Creative Polypack for an undisclosed fee, as reported on 28 March 2018.
Austrian flexible packaging group Schur Flexibles reached a general acquisition agreement with France's UNI Packaging, which has seven production sites in France, the UK and Austria.
Sonoco signed a definitive agreement to acquire privately owned Highland Packaging Solutions, a thermoformed plastic packaging producer in Plant City, Florida, for about $150 million in cash, expected to close in Q2 2018.
A UFP Industries subsidiary signed an agreement to buy substantially all operating assets of North American Container Corp., a Marietta, Georgia maker of structural packaging with nine plants and about $71 million in 2017 sales. Closing is scheduled by June 1, 2018.
Tower Growth Management acquired Nottingham-based packaging firm Visual Packaging for an undisclosed sum, planning to grow its turnover from £2.6m to £3.3m with biodegradable plastic packaging.
PT Pelangi Indah Canindo (PICO) is set to realize its fourth factory in Cikupa, Tangerang, producing plastic drum packaging, with German machinery being installed, funded by about Rp 60 billion capex from loans and internal cash.
Valmet will supply an automatic warp control system to Stora Enso Packaging's corrugated board plant in Ostroleka, Poland, for delivery in late spring 2018. The order value was not disclosed.
Worldwide Dispensers of North America, a part of DS Smith's Plastics division, completed a $4 million expansion of its injection moulding factory in Lester Prairie, Minnesota, US. The expansion added 25,000 sq ft and includes a new product development laboratory.
BA Glass announced a EUR 45 million investment in its glass factory at Villafranca de los Barros, Spain, including a new furnace, plus EUR 20 million to modernize two existing furnaces, expanding workforce from 300 to 380.
Model Group will take delivery of a corrugator by the end of 2019 for its Nowa Sol site, a brownfield facility in Poland acquired in 2016 from Funai where TVs were previously made.
Reynolds Consumer Products is investing $3.2 million to purchase equipment for a new plastic film production line at its Temple, Texas facility, creating 10 new jobs.
Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. The item is dated March 20, 2018.
Spanish packaging machinery maker Boix Maquinaria agreed on 20 March 2018 to buy the remaining 50% of Boix Europe B.V. from Gremio Vitalis, making it the sole owner of its European distributor. Boix Europe's management stays in place.
French group Autajon acquired Thoro, a Corona, California maker of folding cartons and displays in solid board with 175 employees and 2017 sales of $37 million. Thoro joins Autajon's Packaging Division and its president stays on.
Kjastepsa, an independent corrugated converter in Puebla, Mexico, installed a Macarbox FFG 1300/2800 line, which has been in production since January 2018, increasing plant production efficiency.
MAUSER USA acquired the manufacturing assets of MaschioPack North America in Atlanta, Georgia, expanding its North American intermediate bulk container footprint. MAUSER will keep supplying former MaschioPack customers and invest in the facility.
KapStone announced a $25 to $30 million expansion of its Twin Falls, Idaho packaging plant, including new machinery and at least seven new jobs. The upgrades are expected to be completed by the end of June 2018.
Newark, New York flexible packaging maker Maco PKG became the third North American licensee of Dow's PacXpert stand-up pouch technology, to manufacture, sell and co-pack it in North America.
Pratt Industries opened a $60 million corrugated box factory in Beloit, Wisconsin, capable of producing about 600 tonnes of recycled boxes a day. The project was announced in December 2014, built from April 2015 and opened in March 2017, employing 140 full-time staff.
Dongwon Systems completed a $10 million expansion of its Bac Ninh factory in Vietnam, adding about 4,500 pyeong of space to produce flexible packaging and PET for customers including Unilever, P&G and PepsiCo.
Tissue Machine Company (TMC) and Valley Tissue Packaging (VTP) entered into a joint partnership on March 5, 2018 to offer enhanced packaging solutions to the global tissue industry, combining their product ranges and services.
Max Automation has completed the sale of its subsidiary NSM Packtec GmbH, based in Ahaus, to Chinese company Ningbo Lehui International. NSM Packtec makes filling and packaging machines for dairy and non-alcoholic beverages and employs about 50 people. The closing was reported on 2018-03-14.
Gebo Cermex installed a wrap-around case packer and bottle line divider at FrieslandCampina's Samrong site in Thailand, enabling a vertical start-up within a week and reducing secondary packaging costs by over 30%.
RPC is buying Nordfolien GmbH, a maker of flexible packaging such as the NordiPure bag-in-bag, to build its flexible packaging platform. The article reports the deal on 2018-03-13 without stating a value.
Protek Pharma Worldwide has officially opened a new 2,300 square meter production facility in Verona, Italy, for insulated temperature-protection shipping products. A fully automated extruder with capacity of over 20 million square meters annually was commissioned in January.