Green Bay Packaging Inc. acquired Third Dimension Inc., a corrugated and molded foam packaging maker headquartered in Geneva, Ohio, effective October 1, 2020. Third Dimension will continue to be led by its co-founders.
PiovanGroup has signed an agreement to acquire 100% of the share capital of Doteco SpA, a Modena-based maker of dosing technologies for plastic films. Doteco reported 2019 consolidated turnover of EUR 19.7 million.
Advanced Barrier Extrusions, owned by Graham Partners, agreed in October 2020 to acquire Berry Global's U.S. flexible packaging converter business for $140 million. The business comprises six printing and laminating facilities and will operate under the ABX name.
Packaging converter ALPLA has acquired an Amcor facility in Alandi, near Pune in Western India, that produces PET bottle preforms, and will take over all 50 employees. The site becomes ALPLA's ninth location in India.
Shareholders of Montreal-based sustainable packaging provider IPL Plastics agreed to the company's sale to an affiliate of Madison Dearborn Partners, reported September 29, 2020.
UK paper board maker PALLITE announced a joint venture with Madison Polymeric Engineering of Connecticut to manufacture and distribute its paper honeycomb storage products, pallets and crates in the US and Mexico.
Switzerland's Aluflexpack acquired a majority stake in Top System, a Polish maker of aluminium lids, PET lids and lidding foil for the dairy industry. The reported stake is 80%, and financial terms were not disclosed.
Frankston Packaging Company completed its acquisition of Paco Label Systems, a Tyler, Texas maker of flexible packaging and pressure sensitive labels, announced on 16 September 2020.
Mauser Packaging Solutions, through its joint venture NCG-Maider, acquired Italian reconditioning firm EuroVeneta Fusti (EVF), expanding its IBC and plastic packaging services in Italy, as announced September 10, 2020.
Mpac Group acquired Switchback Group, a US maker of packaging equipment such as cartoners, case packers and labeling machines, for $15.36 million on September 9, 2020.
Atar Capital has completed the acquisition of WinCup, a Georgia-headquartered maker of foodservice packaging, from funds managed by BlackRock. WinCup operates eight manufacturing facilities and employs nearly 1,000 people; financial terms were not disclosed.
Mauser Packaging Solutions acquired EuroVeneta Fusti Srl through joint venture NCG-Maider, adding reconditioning sites near Turin and Venice and extending its Italian industrial packaging offering.
HCP Group acquired the remaining 50% stake in Hetian Packaging (Huai'an), making it a wholly owned subsidiary. Hetian is an aluminium parts forming and anodising factory in China that has supplied HCP since 2013.
TricorBraun agreed to acquire Price Container and Packaging, a rigid packaging distributor serving industrial and food markets with facilities in Utah and Washington. The transaction was expected to close in September 2020.
Bunzl agreed to acquire Abco Kovex, a Dublin-based distributor of flexible packaging with UK operations and 2019 revenue of EUR 23 million. Completion is subject to clearance by the Irish competition authority.
BEWiSynbra Group AB acquired BEWi Drift Holding AS for NOK 400 million, paid NOK 100 million in shares and NOK 300 million in cash. The deal was announced on August 17, 2020.
Friesens Corporation of Altona, Manitoba merged its Friesens Packaging and think4D subsidiaries into a new company, Think 4D Inc., which will offer custom rigid boxes from an 80,000 sq ft building.
Rengo's subsidiary Triwall, through TW Mexico Packaging Solutions, acquired a 99.99% stake in Tim Packaging Systems, the Mexican unit of Germany's Tim Group, which makes heavy-duty corrugated packaging for the automotive industry. The article is dated 13 August 2020 and gives the announcement as 12 October.
Pipeline Packaging, a US rigid industrial container distributor, acquired Houston-based hazmat packaging maker HAZMATPAC, which becomes a wholly owned subsidiary. Financial terms were not disclosed.
Muda Holdings, through subsidiary Federal Packages, agreed to acquire a 60% equity stake in Quantum Total Packages, which runs a corrugated carton factory in Parit Buntar, Perak, for RM15 million. The purchase price was based on net asset value and projected profit.
Nippon Paper Group agreed to acquire Orora's paperboard fibre-based packaging business in Australia and New Zealand for an enterprise value of A$1.72bn (US$1.15bn), entering integrated corrugated paperboard manufacturing in Oceania.
Soudronic AG has bought Can Man AG, together with its latest acquisition Frei AG, from the Umbricht family. Can Man will operate independently as an innovation and manufacturing platform focused on 3-piece metal cans.
All4Labels Global Packaging Group closed an agreement to acquire Rotomet, Italy's leading shrink sleeve supplier, and the roll-fed activities of GPS Label, which together have about €50 million turnover from two facilities in Schio, Italy. Terms were not disclosed. The announcement is dated August 6, 2020.
Waterland Private Equity Investments is acquiring Joh. Leupold, a German folding carton producer, including its subsidiary Schneller, as part of a succession plan. The article is dated 5 August 2020 and no value was disclosed.
WestRock announced its acquisition of Hanna Group Pty Ltd (Hannapak), an Australian folding carton provider serving beverage, food, confectionery and healthcare markets, to expand its consumer packaging business in the region. The announcement is dated 5 August 2020 and no deal value was disclosed.
Sonoco acquired Can Packaging, which makes paper cans and packaging machines at two French facilities in Habsheim, for a transaction valued at EUR 41.7 million. The deal was announced on August 4, 2020.
U.S. Corrugated Inc and McKinley Paper Co, a subsidiary of Bio PAPPEL, have been amalgamated to form a vertically integrated paper and packaging company with mills and box plants in the US and Mexico.
De Jong Packaging completed its acquisition of a majority stake in Bangma Verpakking, adding an erecting center in Dronten, the Netherlands, after Dutch competition approval.
De Jong Verpakking Holding, a Dutch corrugated board manufacturer, took over Bangma Verpakking in Dronten, gaining a presence in Flevoland. The Dutch competition authority approved the deal; the amount was not disclosed.
Waterland Private Equity is acquiring all shares of folding carton producer Leupold and its subsidiary Schneller, based in Schwabach, Germany, as part of a family succession plan. The deal is subject to German competition approval and terms were not disclosed.
Lumson, a cosmetic packaging maker, agreed to acquire packaging company Pibiplast from private equity firm Ambienta for €350 million. The deal creates a large European packaging group.
Madison Dearborn Partners funds agreed to acquire IPL Plastics Inc. from shareholders including CDPQ for approximately CAD 550 million on 28 July 2020. CDPQ will keep a minority stake of about 24.9%.
Kokusai Pulp & Paper completed on 21 July 2020 the purchase of Sequana's and Bpifrance Participations' Antalis shares, giving it 83.7% and majority control, and plans a simplified cash tender offer at EUR 0.73 per share.
Cadman Capital Group acquired specialist printing and packaging firms Norpol Packaging and its sister company Burbridge Packaging. The deal was reported on 21 July 2020 and no value was disclosed.
Visy agreed to buy O-I ANZ, the largest glass bottle and container maker in Australia and New Zealand, for US$652 million ($932 million), with completion expected by the end of July 2020. O-I will use the proceeds to reduce its debt.
Netherlands-based De Jong Packaging Holding has acquired a majority shareholding in eCorrugated Ltd, a UK independent corrugated packaging manufacturer. eCorrugated will continue operating under its own name with a high level of independence.
Luxempart acquired a minority stake in Enoflex, a wine and spirits closure producer formed by combining Enoplastic and Sparflex, alongside the Moglia family and Cobepa. The group operates 13 production sites in 6 countries.
VPK Group increased its shareholding in corrugated board producer CorrBoard UK to 50% through new shares and the purchase of former shareholder Garthwest's stake. CorrBoard operates a plant in North Lincolnshire.
CCL Industries acquired InTouch Label and Packaging, a short-run digital label converter near Boston, Massachusetts, for an enterprise value of about $10.9 million. The business will join Avery's WePrint direct-to-consumer label business.
In July 2020 SÜDPACK entered a joint venture with India-based Kamakshi Flexiprints to develop a new flexible packaging facility near Ahmedabad. The plant will serve barrier, aesthetics and convenience packaging needs.
Cincinnati packaging company BGR acquired Louisville-based Laise Packaging to expand into Central Kentucky and Northern Tennessee. The deal was reported June 24, 2020.
Brazil's Klabin agreed to sell its packaging paper unit in Nova Campina, São Paulo, to Klingele Paper & Packaging for R$196 million, with R$132 million paid at closing. The unit has nominal capacity of 162,000 tonnes per year of kraftliner and is subject to CADE approval.
C-P Flexible Packaging, a First Atlantic Capital portfolio company, acquired Genpak Flexible, a North American compostable and flexible packaging supplier with plants in Aurora, Ontario and Lakeville, Minnesota. The deal was announced on 2020-06-19 and no value was disclosed.
Brook & Whittle Holdings has acquired Label Impressions, Inc., an Orange County, California label manufacturer serving household, beverage, beauty and food brands, expanding its US manufacturing network to the West Coast.
Montreal-based TC Transcontinental bought the assets of Enviroplast, an insolvent LDPE film recycler with plants in Quebec and Ontario, for 16.1 million Canadian dollars. The purchase was announced June 16, 2020, and the equipment will supply recycled resin for its packaging production.
Fulcrum Capital Partners acquired contract packaging provider Belvika Trade & Packaging in Mississauga, Ontario, marking the eleventh platform investment from its Private Equity Fund V. The management team led by President Mario Golias will continue to run the business. The deal value was not disclosed.
Intertape Polymer Group agreed to acquire Schaumburg, Illinois-based Nortech Packaging and Tishma Technologies, makers of automated packaging machines. XLCS Partners advised the sellers.
Silgan Holdings has completed the acquisition of Albéa's pump manufacturing, metal conversion (Covit in Europe and the US) and Brazil operations. Albéa retains its tubes, rigid cosmetic packaging and beauty solutions businesses, and a transition services agreement was signed.
Southern Champion Tray, a paperboard packaging maker for the bakery and food service industry, acquired substantially all assets of Honeymoon Paper Products, Inc. of Fairfield, Ohio, effective June 29, 2020. Honeymoon provides packaging to supermarket bakeries, delis and food service companies.
Coastal Group, a Holland, Michigan investment management company, acquired Louisiana-based honeycomb packaging manufacturer Veecor and launched Coastal Honeycomb LLC, which will produce honeycomb packaging in Holland with an initial 12 jobs.