European household packaging group SPHERE acquired SARPAK Ltd, based in Port Talbot, Wales, strengthening its position in the United Kingdom. The deal value was not disclosed.
Berlin Packaging acquired Glass Line, a Savona-based Italian maker of glass and metal packaging for wine and olive oil with about EUR 6 million turnover in 2019. The price was undisclosed.
Oliver Inc., a Pfingsten portfolio company, acquired Boutwell, Owens & Co., a folding carton and blister card packaging manufacturer serving several markets. The transaction closed on March 31, 2021 and was announced April 6, 2021. Boutwell continues operating from Fitchburg, Massachusetts.
SK Capital Partners, LP completed its previously announced acquisition of IPACKCHEM Group SAS, a Paris-headquartered supplier of barrier packaging for crop protection and specialty chemicals. The deal value was not disclosed.
Schur Flexibles Group acquired Sidac SpA, a flexible packaging manufacturer based in Forlì near Bologna, to expand its presence in the Italian market. Sidac has about EUR 34 million in annual revenue and 120 employees; the deal value was not stated.
Sonoco has closed the sale of its U.S. Display and Packaging business, based in Winston-Salem, N.C., to Hood Container Corporation for $80 million in cash.
Graphic Packaging agreed to acquire AR Packaging Group, Europe's second largest fiber-based consumer packaging producer, from CVC Capital Partners funds for approximately $1.45 billion in cash, announced May 14, 2021.
SupplyOne, the largest independent supplier of corrugated packaging in the U.S., has acquired Bell Container Corp., a custom corrugated manufacturer headquartered in Newark, New Jersey. The acquisition was announced on April 1, 2021.
Macfarlane Group has acquired Carters Packaging, a protective packaging distributor operating from a 25,000 sq ft facility in Redruth, Cornwall, in a £4.5m deal. The announcement was reported on 2021-04-01.
PACCOR signed a purchase agreement on 30 March 2021 to acquire Miko Pac, the packaging division of Belgian firm Miko N.V. Miko Pac makes plastic packaging at sites in Belgium, Poland and Indonesia, and completion is expected in Q2 2021 pending approval.
Ardagh Group agreed to buy Anheuser-Busch's Longhorn Glass manufacturing facility in Houston, which supplies bottles to A-B's Houston brewery, with a long-term supply agreement and planned furnace modernisation. Parcrest Advisors acted as exclusive advisor to the seller.
Loews Corporation has agreed to sell a 47 percent stake in Altium Packaging to GIC, the Singapore sovereign wealth fund.
Loews Corporation signed a definitive agreement to sell a 47% interest in Altium Packaging, a North American rigid plastic packaging and recycled resin company, to Singapore's sovereign wealth fund GIC, with closing expected within 30 days.
TricorBraun has acquired Quebec-based rigid packaging distributor RODA Packaging, and will also acquire Rada Industries. Terms of the agreement were not disclosed.
Mercian Labels acquired a portion of the business of label technology firm Computype Europe, reported on March 5, 2021.
Coveris acquired specialty bag manufacturer Initial Packaging, reported on March 4, 2021.
Berlin Packaging announced the acquisition of Roma International PLC, a supplier of bottles, jars and closures for high-end cosmetics and personal care products. It is Berlin Packaging's twelfth acquisition in Europe since 2016.
Italian luxury packaging company Pusterla 1880 announced the acquisition of Leicester-based Pollard Boxes, the largest rigid box producer in the UK. The deal expands Pusterla's design, development and production resources in the UK market.
Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board completed the acquisition of a majority interest in packaging distributor TricorBraun, from former majority owner AEA Investors, which retains a significant stake.
US paper manufacturer Neenah signed a definitive agreement to acquire Global Release Liners, the parent of Spanish release liner maker ITASA, for a cash consideration of EUR 205 million ($247 million), with closing expected the following month.
UI Investissement has entered exclusive negotiations to sell packaging maker Gault & Fremont, based in Saint-Pierre-des-Corps, France, to the listed packaging group Guillin.
Groupe Guillin has entered exclusive negotiations with UI Investissement to acquire Groupe Gault & Fremont, a French and Belgian maker of paper bags, cardboard boxes and baking paper with 270 employees across four sites. The announcement is dated March 2, 2021.
Macfarlane Group agreed to acquire protective packaging maker GWP Group in a £15 million deal, reported on March 1, 2021.
Latour Capital acquired a majority stake in Omni-Pac Group, an ecological moulded fibre packaging maker with over 600 employees at sites in the UK, France and Germany, from Motion Equity Partners, with management reinvesting.
Italian packaging group Grifal agreed to acquire 100% of a newco receiving the operating division of Cornelli, which makes corrugated cardboard boxes and branding for packaging, in a deal stated as EUR 1.257 billion.
SIG completed the acquisition of the remaining 50% of its Middle East and Africa joint venture, SIG Combibloc Obeikan, from Obeikan Investment Group. The business is fully consolidated from end-February 2021.
International Paper acquired the Molded Fiber division of Berkley International, Berkley MF LLC, which operates a molded fiber plant near Reno, Nevada. The purchase price was undisclosed.
Ardagh Group agreed to combine its metal packaging business, Ardagh Metal Packaging, with special purpose acquisition company Gores Holdings V, with the new company to list on the NYSE under AMBP. Ardagh will keep about 80% and receive up to $3.4 billion in cash.
POLIFILM EXTRUSION GmbH acquired 100% of SAXA Packaging GmbH, which operates a blown film plant in Neukirchen/Pleiße, Germany. The deal adds broad and barrier films to POLIFILM's portfolio. The purchase price was not disclosed.
Mill Rock Packaging Partners, backed by Mill Rock Capital, has acquired All Packaging Company, a custom paperboard packaging manufacturer with facilities in Utah and Colorado. Terms were not disclosed.
Berlin Packaging announced the acquisition of French glass and metal packaging companies Sodis-Uhart and Audoubert, adding more than 9,000 square meters of warehouse space in southern France. It is Berlin Packaging's eleventh European acquisition since 2016.
Harwood Private Equity completed a management buyout of UK pharmaceutical and healthcare packaging maker Medica Packaging from Sullivan Street Partners. Managing director Gerard Harford and finance director Mark Stokes led the buyout.
UK packaging manufacturer Robinson acquired Danish company Schela Plast, reported on February 12, 2021.
MM Group agreed to acquire International Paper (Poland) Holding, owner of the Kwidzyn integrated pulp and paper mill in Poland, for about EUR 670 million debt- and cash-free, with closing expected in Q3 2021.
Irish packaging group Zeus Packaging acquired Austrian food packaging solutions business Petruzalek from Italmobiliare, completing a three-year acquisition strategy. The price was undisclosed; Petruzalek reportedly had 2020 revenues of about €58 million.
An affiliate of Peak Rock Capital has acquired a majority holding in AMB, an Italian maker of food packaging films, as announced on February 5, 2021.
Netherlands-headquartered Solidus Solutions acquired Heathpak, a UK producer of solid board packaging with about 16,000 tons annual output, from owners Alan Heath and Lyndon Whitlock. Gambit Corporate Finance advised the sellers.
The Pusterla 1880 group finalized the acquisition of the Adine Group, which includes box maker Adine, printer Chiffoleau and plastic thermoformer Thermoform, in France. The deal aims to strengthen its luxury packaging offer.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
Südpack has acquired LPF Flexible Packaging, a Grootegast, Netherlands flexible packaging maker, from Clondalkin Group. MP Corporate Finance acted as exclusive M&A advisor to the seller.
Anheuser-Busch agreed to sell its Houston-based Longhorn Glass manufacturing facility, which supplies bottles to its Houston brewery, to Ardagh Group. Ardagh plans to invest in modernizing the facility, and the transaction is expected to be followed by a long-term supply agreement.
Apollo Global Management has agreed to acquire the aluminum can and aluminum rolling businesses of Showa Denko.
Mexico's Envases Universales Group agreed to buy the HUBER Packaging Group, a European tinplate packaging maker with about 900 employees and plants in Germany, Austria, Switzerland, UK and Hungary. VIRETUM CONSULT acted as sole financial advisor to the shareholders.
AR Packaging acquired folding cartons specialist Firstan Holdings, reported on January 18, 2021.
Wuppertal-based MIB Industriebeteiligungen acquired Verpackungstechnik Frielinghaus GmbH, a plastic hollow-body maker, in a succession arrangement. Ebner Stolz advised the buyer on financial and tax due diligence.
Rengo's joint venture Thai Containers Group acquired 94.11% of Bien Hoa Packaging, a listed Vietnamese corrugated packaging and folding carton maker near Ho Chi Minh City. After the deal Rengo will have six corrugated and two folding carton plants in Vietnam.
Jabil Inc. acquired Ecologic Brands, a provider of paper bottles and paper-based packaging, adding it to Jabil Packaging Solutions. Ecologic's operation in Manteca, California will join the division.
Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.
Siam Cement's SCG Packaging has closed its acquisition of Go-Pak UK Limited. The article provides no deal value or further details.
Sagard-backed Sterimed has entered exclusive talks to acquire Amcor's European hospital packaging business. No deal value was given and the deal is not yet signed.