AST Kunststoffverarbeitung GmbH of Erndtebrück, Germany, has acquired a majority stake in Dutch plastic drum and canister maker Euromouldings in Nijverdal from Wadinko NV, effective retroactively from December.
Flexible packaging manufacturer ProAmpac has acquired paper packaging products manufacturer Bonita Packaging Products, which will operate as a unit of ProAmpac's US Flexibles Division. The deal value was not disclosed.
Graphic Packaging has closed its $6 billion deal to buy International Paper's North American Consumer Packaging business, merging it with Graphic's existing operations. The closing took place in early January 2018.
Packaging manufacturer Wipak Group invested in four Comexi S1 DT double-turret slitting machines to automate its slitting section. Three units will be installed at the Wipak plant in Walsrode, Germany, and one at the Wipak facility in Poland.
Brookfield Asset Management's private equity group agreed to acquire a 75% interest in Dutch returnable plastic packaging maker Schoeller Allibert Group for about EUR 205 million (about USD 245 million), buying it from JPMorgan Chase. The Schoeller family keeps 25%.
PaperWorks Industries invested $3 million in a 44,500 sq ft warehouse adjoining its Wabash, Indiana paperboard mill, able to store up to 7,000 tons of coated recycled board rolls, expected operational in Q1 2018.
Brookfield Business Partners and partners agreed to acquire a 75% controlling stake in Schoeller Allibert, a European returnable plastic packaging maker, for €205 million from a J.P. Morgan subsidiary.
Sunderland-based Pakway, which turns waste plastic bottles into packaging sheet, plans to double its capacity, with a second production line arriving in April 2018 and full capacity expected by end-2018.
Packaging supplier Houweling Group developed 10-litre jerrycans made from 100% post-consumer recycled HDPE for Uzin Utz Nederland, cutting CO2 by up to 75% versus virgin HDPE.
HOCHTIEF Polska's Krakow branch won a design and build contract from Alupol Films to erect a building of over 5,500 square metres for packaging material production in Oswiecim, due for completion in summer 2019. The contract value is confidential.
Aegg is investing 2 million pounds in a new 60,000 sq ft UK food packaging manufacturing facility in Eye, Suffolk, making PS, PET and PP food pots and bowls, with first production planned for 2018.
Reliance Packaging invested about 4 million dollars in equipment and 1.5 million dollars in building improvements to add a new extruder and printing press at its Aberdeen, North Carolina plant, roughly doubling daily production capacity.
TricorBraun Inc. acquired Package All Corp., a 33-year-old healthcare packaging distributor based in Bayport, New York, which becomes a wholly-owned subsidiary and operates seven locations.
BillerudKorsnas is investing 5.7 billion SEK in a new board machine KM7 at its Grums mill in Varmland, Sweden, with 550,000 tonnes annual capacity expected to start in early 2019.
Sahi Rasa's supply chain department secured a contract to supply primary and secondary packaging components for the Awamedica pharmaceutical factory in Erbil, Kurdistan Region of Iraq, later expanded to auxiliary materials and chemical inputs.
Wenzhou Xifa Industrial won a bid to supply 40 million bags to Hubei Dayukou Chemical Company, a branch of CNOOC, and will be its only bag supplier for the next three years. No monetary value was given.
Wipak Group has acquired 4 Comexi S1 DT slitters from Comexi, reinforcing their strategic alliance. Three will be installed in Walsrode, Germany, and one in Poland.
In 2018, Advent International acquired a 77% stake in Indian rigid plastic packaging maker Manjushree Technopack from Kedaara Capital and the promoters. The deal value was not disclosed.
Japan's Rengo acquired a 25% stake in United Packaging Malaysia Pte Ltd, a corrugated box maker in Shah Alam near Kuala Lumpur, in early 2018.
Tosca agreed to supply Hollar & Greene with pooled reusable plastic containers for shipping cabbage from farm to retail stores. The agreement was reported on 2018-01-01.
Inline Plastics is adding three thermoforming production lines and expanding its facilities in Shelton, Connecticut, Salt Lake City and McDonough, Georgia, creating 60 new jobs. The article's dates are inconsistent and may be older than the stated article date.
Placon completed the acquisition of privately held rigid plastic container maker Plastic Packaging Corp. The target has a 100,000 sq ft plant in West Springfield, Massachusetts, and 141 employees.
Germany's Schütz signed an agreement to acquire Mexican rigid industrial packaging company Envases y Laminados (ELSA) for an undisclosed sum, with completion expected in early 2018.
Eurocrane received Stora Enso's 2016-2017 Excellent Supplier Award for supplying lifting cranes for Stora Enso's EUR 800 million Beihai, China plant, which started polyethylene coated paper production on December 19, 2017.
Oji Holdings will install a new containerboard machine with 450,000 tons per year capacity at GS Paperboard & Packaging in Malaysia, investing about JPY 35 billion for the machine and energy and water treatment equipment. Start-up is expected in April 2021.
Stone Canyon Industries recapitalized SCI PH Inc., parent of BWAY and Mauser, issuing $850 million of preferred stock to Canyon Capital, PSP Investments, Ontario Teachers' Pension Plan and Arcadia Investment Partners.
Willmeng Construction completed a full renovation of a 650,000 sq ft manufacturing plant in Goodyear, Arizona for Huhtamaki North America, which will make paper cups, food containers and plastic cups and lids and add hundreds of jobs.
Oji Holdings plans to spend about 35 billion yen ($308 million) to more than double production of corrugated-cardboard materials in Malaysia.
And&Or S.A. successfully supplied a 55,000 bph empty bottle packing line for HDPE containers to Southern Packaging in Changzhou, China. The line includes bottle unscrambler, rotary leak tester, vision system, servo bottle divider, automatic bagging machine and palletizing system.
Schütz GmbH & Co. signed an agreement to acquire 100% of Envases y Laminados, S.A. de C.V. (ELSA), Mexico's leading supplier of rigid industrial packaging. The deal is expected to close in early 2018, subject to antitrust approval. Financial terms were not disclosed.
German packaging machines manufacturer A+F Automation + Fördertechnik has been acquired by CGS, an independent investment adviser, from Mutares.
Bunzl has completed the acquisition of Lightning Packaging, an industrial packaging products supplier based in the UK. Financial details were not disclosed.
Mondi Group signed an agreement to acquire 100% of Powerflute Group Holdings from NPAC Holdings for €365 million on an enterprise value basis. The Kuopio, Finland mill makes 285,000 tons a year of semi-chemical fluting and completion is expected in the first half of 2018.
Stora Enso has opened a €31m polyethylene (PE) coating plant at its consumer board mill in Beihai, China. The plant has an annual capacity of 80,000 tonnes of PE coated products for food service packaging.
Tetra Pak will invest EUR 1 million to increase storage space and enhance logistics processes at its plant in Gornji Milanovac, Serbia. The works should be completed by March 2018.
Versa Pak plans a 37,000-square-foot manufacturing addition to its Celina plant in the Grand Lake Industrial Park, a more than $11 million investment expected to create 22 full-time jobs. Planning commissioners approved the proposal, with construction planned for spring.
Transpaco will acquire Future Packaging and Machinery (FPM) for up to R105 million. FPM supplies industrial and general packaging products through distribution centers in South Africa.
Sacmi has won a major contract from a Chinese dairy manufacturer for its Compression Blow Forming (CBF) technology for pasteurized products. The order doubles the number of CBF machines at the customer to four.
Norway's Bewi has acquired Trondheim-based packaging supplier Tommen Gram Holding, which has about 60 employees and roughly NOK 320 million in annual revenue; the price was not disclosed.
Schütz GmbH & Co. KGaA signed a purchase agreement for 100% of the shares of Envases y Laminados SA de CV (ELSA), an industrial packaging firm based in Tultitlán, Mexico.
Sipack installed a Royal VB DD flexo folder gluer at Sada Group's Catania, Sicily facility. The machine is the largest casemaker in the Sada Group and will serve the Mediterranean market with four-color printed cases.
Crown has agreed to buy an unnamed global company that provides industrial and transit packaging systems. The article gives no target name, value or closing details.
Rusken Packaging plans a $20 million expansion of its corrugated fiber box lines in Harrisburg, Arkansas, expected to create about 50 new jobs and double its workforce by spring 2018.
WestRock has entered into agreements to acquire substantially all assets of Plymouth Packaging, a corrugated packaging company, including its Box on Demand systems and its equity interest in Panotec. The announcement was made on December 19, 2017.
Winpak's subsidiary has started work on an expansion adding 11,000 to 14,000 metric tonnes of annual BOPA film capacity for sale in North America, with over $40 million to be invested. The additional production is expected to be available in the second half of 2019.
BillerudKorsnäs announced that investment costs for its new board machine at Gruvön mill may increase by approximately 20% from the previously announced SEK 5.7 billion, mainly due to higher construction costs. Production start is still expected in Q1 2019.
Laminacorr began a 3-year expansion including a 20,000 sq ft addition in the Cornwall Business Park, Ontario, and an upgrade of one extrusion line. Equipment investment is over $1.5 million and building investment is $1.7 million.
Ningbo Lehui International Engineering Equipment Co plans to acquire NSM Packtec GmbH, a German dairy packaging equipment manufacturer, from NSM Magnettechnik GmbH for EUR 4 million. Packtec will continue operations under the same brand and management.
Sappi Limited signed an agreement to acquire the speciality paper business of Cham Paper Group for CHF146.5 million (about $149 million), including mills in Carmignano and Condino, Italy and a digital imaging business in Cham, Switzerland. Completion is expected in Q1 2018, subject to competition approvals.
Polinas Plastik, owned by Ulker Group, acquired flexible packaging solutions producer Propak from Southeast Europe Equity Fund II for an undisclosed sum.