ProMach, Inc. acquired Weiler Labeling Systems, a New Jersey-based provider of high-speed rotary labeling, serialization and coding solutions, to expand its pharmaceutical packaging capabilities.
German rigid plastic packaging manufacturer Jokey Group acquired Treplas, an injection molding company based in Molina del Segura, Murcia, Spain, to strengthen its position in the Iberian Peninsula. The deal was announced in May 2017.
Tunisian group UTIC merged its subsidiary STEM with the Tunisian subsidiaries of Austria's Mayr-Melnhof Packaging (TEC MMP and MMP Tunisia), creating a leader in folding carton and fluting paper in Tunisia. MCF advised UTIC on the deal, announced in May 2017.
Amcor is investing in a new flexo press at its Alzira business in Spain to meet increased demand for blister foils and sachets in Iberia. No investment value was given.
SC Johnson has broken ground on a multi-million dollar expansion of its Bay City plant in Bangor Township, Michigan, adding a roughly 50,000 square foot building with new production lines. The project is expected to create 25 full-time jobs within two years.
Metsä Board started up a new extrusion coating line at its Husum mill in Sweden in April 2017, following a €38 million investment. The line adds 100,000 tons per year of PE-coated board capacity for food and food service packaging.
Viscofan is investing €40 million in a new fibrous casing plant in Cáseda, Navarra, Spain. The plant will start operations in the second half of 2017, create 55 jobs, and supply European and Asian markets.
Graphic Packaging International and DHL Supply Chain announced a combined $274 million investment to develop a 1.27 million-square-foot folding carton plant and logistics center in Monroe, Louisiana, creating 93 direct jobs.
GCP Applied Technologies countersigned a Stock and Asset Purchase Agreement with Henkel on April 27, 2017, for Henkel to acquire its Darex Packaging Technologies business for approximately $1.05 billion. Completion is expected in mid-2017, subject to regulatory approvals.
The European Bank for Reconstruction and Development (EBRD) and Esas Holding venture capital firm have acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging manufacturer. The company is also building a new facility in Çorlu, Tekirdağ province.
Kian Joo Can Factory is building two manufacturing plants in the Thilawa Special Economic Zone, one for cans and one for corrugated containers via subsidiary Box-Pak, requiring US$23.5 million, with commercial production targeted for Q4 2018.
Crown Đà Nẵng is installing a second production line at its Da Nang aluminum can plant, with total investment of USD 70 million and operations expected from September 2017, raising capacity to 1.6 billion cans per year.
Noida-based Innovative Tech Pack Ltd signed a five-year agreement to supply caps for Bisleri's still water and carbonated beverage bottles, entering the carbonated beverage closure market.
The EBRD, private equity firm Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer that is building a new facility in Corlu, Tekirdag.
The EBRD, Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, Turkey's leading flexible packaging producer. The deal includes a US$1 million Clean Technology Fund loan, and Korozo is building a new plant in Çorlu, Tekirdağ.
Korozo Ambalaj is currently building a state-of-the-art facility in Çorlu, Tekirdağ province, to expand production and boost exports.
SCG acquired an 80% stake in PT Indocorr Packaging Cikarang for a transaction value of Rp 145 billion, expanding its ASEAN corrugated container capacity to 1,045,000 tons per year.
Aphena Pharma Solutions will expand its Browns Mill Road facility in Cookeville, Tennessee, with a $7 million capital investment that will create 150 new jobs over five years.
The EBRD, private equity investor Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, Turkey's leading flexible packaging producer. The deal includes a US$1 million Clean Technology Fund loan, and Korozo is building a new plant in Çorlu, Tekirdağ.
Amcor Rigid Plastics has invested $7 million to open a PET bottle manufacturing plant in Paris, Texas, for Campbell Soup Co. The plant is expected to produce about 50 million hot-fillable PET bottles a year for V8 products.
MPI Label Systems acquired Label Gallery, Inc., a flexographic and digital printer in Norwich, NY specializing in the wine/spirits and food industries.
Tetra Pak is building a new plant at its Rayong site in Thailand dedicated to producing closures for carton packaging. The €24 million investment will create around 60 jobs and produce more than 3 billion closures annually when it opens early in 2018.
Indiana Carton Company ordered a seven-color, 65-inch wide Heidelberg Intro flexo press for large-format folding carton production. The press will be installed in Bremen, Indiana and start production in July 2017.
Owens Illinois inaugurated the renovated Furnace 3 at its glass plant in Rosario, Argentina, after a $15 million investment that increases production capacity by 12.5%.
Thai Containers Group, a joint venture of Rengo and SCG Packaging, completed the acquisition of an 80% stake in PT Indocorr Packaging Cikarang, a corrugated packaging maker in eastern Jakarta, Indonesia.
Vina Kraft opened its second paper and packaging mill in Mỹ Phước 3 Industrial Park, Bình Dương, on April 24, 2017. The two Binh Duong plants now have combined capacity of 500,000 tonnes per year.
Amcor Rigid Plastics opened an in-line operation at Campbell Soup's Paris, Texas plant to produce about 50 million hot-fill PET bottles a year for V8 products. Amcor invested $7 million to repurpose 6,000 sq ft of the facility.
Progroup subsidiary Prowell plans a corrugated sheet mega plant in Ellesmere Port near Liverpool, UK, investing EUR 75 million. It will produce up to 235,000 tpy and is planned to start by Q3 2018.
Progroup subsidiary Prowell is founding Prowell S.r.l. to build a corrugated board plant in Drizzona, Northern Italy, next to Imbal Carton. The machine will have 100,000 tpy capacity, create about 40 jobs, and start up in Q1 2018.
Austrian packaging manufacturer ALPLA agreed to acquire a 100% stake in Star East Pet SRL, a PET preform producer based in Brasov, Romania. Completion is expected in mid-2017, subject to antitrust approval; financial terms were not disclosed.
Portco Packaging completed a 3-year, multimillion dollar expansion of its two Washington plants. The Woodland facility nearly doubled in size with new converting lines, and the Toppenish plant added 50,000 sq. ft. and robotics for palletization.
The Wilkins Group has invested more than £600,000 in a new Bobst Expertfold gluing machine at its Nottingham head office to increase capacity for food packaging production. The machine runs at up to 100,000 cartons per hour.
Folmeg Engineering of Eschwege has taken over Schuy, an insolvent maker of filling and packaging machines in Hünfeld, Germany. Schuy will remain independent and its site will stay open.
Argentine food group Arcor, through Cartocor S.A., is acquiring 100% of Zucamor S.A., which runs seven industrial plants in Argentina making virgin fibre paper, sack kraft and corrugated board. The deal is subject to government approval.
Endoline Machinery launched the new slimline 251 Case Erector at PPMA 2017, which is 40% narrower than standard models and designed for integration with egg packing equipment.
Grupo Phoenix will invest $48.7 million to expand its Phoenix Packaging Operations plant in Dublin, Pulaski County, Virginia, creating 145 new jobs. It is the company's third expansion there.
Solidus Solutions has invested £1 million in a Tanabe JD BoxR machine at its Corby, Northamptonshire facility, enabling production of a wider range of solid board and corrugated packaging.
Sources say Bedminster Capital has authorized the sale of its 80% stake in Turkish packaging company Propak Ambalaj, with Constantia Flexibles among four interested bidders. Propak did not comment.
Scholle IPN opened a 6,000 square meter flexible packaging plant in Palghar, India, which began operations on December 14, 2016. The facility makes aseptic bag-in-box packaging, drum bags and fitments for the local tropical fruit juice industry.
Loews Corporation has agreed to acquire Consolidated Container Company, a rigid plastic packaging manufacturer, from Bain Capital Private Equity for approximately $1.2 billion, with closing expected in the second quarter of 2017.
UK-based Wavegrip and US-based Palmer Canning formed a strategic alliance to produce and launch Wavegrip's G1 and G2 can multi-packing applicators in the US. The G2 unit will be launched at the Brewers' Association Craft Beer Conference in Washington, D.C. in April 2017.
ProAmpac has acquired Trinity Packaging, which operates manufacturing sites in Rocky Mount, Virginia and Buffalo, New York, with headquarters in Armonk, New York.
SouthCorr, a corrugated packaging manufacturer owned by Interstate Resources, plans to invest $6.7 million to expand its plant in Asheboro, Randolph County, North Carolina, creating 22 new jobs.
SWF Companies, a wholly-owned subsidiary of Dover Corporation, acquired Tisma Machinery Corporation of Elk Grove Village, Illinois, a maker of high-speed cartoning machinery.
Cosmo Films announced plans to install a new specialty polyester (BOPET) film production line at its Waluj plant in Aurangabad, Maharashtra, with a capacity of 36,000 MT per annum and an investment of Rs. 250 crores.
Yorkshire Packaging Systems installed a fourth fully automatic side feed sleeve wrapper at Wilkin & Sons' Tiptree factory. The first line was ordered, followed by two more within six months, and the fourth less than a year later.
The European Commission received notice on 7 April 2017 that WestRock will acquire sole control of Multi Packaging Solutions International through a share purchase. The commission is reviewing the deal as case M.8421.
Klöckner Pentaplast (KP) signed a binding agreement to acquire Linpac Senior Holdings for an undisclosed sum, creating a global rigid and flexible film producer with combined revenues above $2 billion, expected to close in summer 2017.
Toppan Printing and ITOCHU entered into a capital and business alliance agreement to purchase a 10.7% stake in Thailand's TPN Food Packaging for an undisclosed sum, entering the flexible packaging market in Thailand.
Toppan Printing and ITOCHU agreed a capital and business alliance to acquire a 10.7% stake in TPN Food Packaging, a Thai flexible packaging company set up by the TPN Group, targeting food and toiletry packaging.