Romanian packaging maker Evopack will open a branch and a 1,200 square meter warehouse in Budapest in December as a delivery hub for Austria, Germany and Hungary. The investment is EUR 1.1 million.
Violeta group opened the Corspack corrugated cardboard packaging factory in Grude, Bosnia and Herzegovina, on 29 October 2024. The investment is reported at over EUR 40 million, with capacity of about 60,000 tonnes per year on one shift.
FEMSA reached a definitive agreement to sell its plastics solutions operations to AMMI, an affiliate of Milenio Capital, for 3,165 million Mexican pesos on a cash-free, debt-free basis. Closing is subject to regulatory approvals.
TC Transcontinental agreed to sell its industrial packaging operations to Hood Packaging Corporation for US$95 million, subject to working capital adjustments. The Thomasville, North Carolina operations and 138 employees are transferred, and Hood also acquires the industrial packaging business of the Ontario, California plant.
TCPL Packaging plans to establish a greenfield packaging facility near Chennai in Southern India, close to major industrial manufacturing hubs. No investment value or timeline was given.
Ondupack SAU, part of CL Grupo Industrial, launched a new corrugated board factory in Navalmoral de la Mata, Cáceres, Spain, with an initial capacity of 60 million m² per year and a planned 200 million m² project capacity. The 60,000 m² plant is equipped with Fosber, BOBST and Emmepi machinery.
2M Group of Companies has signed a multi-year commercial supply agreement with Transcend Packaging to supply its plastic-free Morro Coating for paper board packaging across the UK. The coating will be manufactured at scale at 2M's Milton Keynes facility under its Sustainable Packaging Technologies venture.
Rumopak plans to double aerosol can production to 288 million cans a year by building a new production complex with three technology lines in Vyazma, Smolensk region, with an investment of nearly 500 million rubles. The investor has received a construction permit and is preparing to start building, according to the governor.
Huhtamäki Oyj is expanding its fiber lid production capacity at its Lurgan site in Northern Ireland. The article provides few details beyond the headline.
Germany's Federal Ministry for Economic Affairs awarded Schumacher Packaging a climate protection contract worth over €51 million for its Schwarzenberg plant. The funding over 15 years will convert site heat generation to climate-neutral biomass and generate green electricity.
Graham Packaging is investing $35 million to expand and modernize its Hammond production facility in Tangipahoa Parish, Louisiana, acquiring advanced equipment and upskilling its workforce. The company expects to retain more than 100 positions, with all enhancements completed by 2027.
Shareholders of both International Paper and DS Smith approved the all-share combination of the two companies, which is expected to close in Q4 2024 subject to regulatory clearance. The combination aims to create a corrugated packaging company focused on Europe and North America.
2M Group of Companies signed a multi-year commercial supply agreement with Transcend Packaging to supply Xampla's plastic-free Morro Coating across the UK. The coating will be manufactured at scale at 2M's Milton Keynes facility under its Sustainable Packaging Technologies venture.
Tripak Ltd has recently acquired Hadrian Packaging, a supplier of customised packaging solutions for food, beverage and industrial goods. The announcement was published on October 16, 2024.
Silgan has completed its acquisition of Weener Packaging, according to the article headline. The article body contains no further details on deal value or sites.
Uzbekistan's Ministry of Investment, Industry and Trade signed an investment agreement with JSC Arnest Packaging Solutions to build a beverage aluminum can plant in the Navoi Industrial Development Complex. The investment is about $100 million, capacity over 1.5 billion cans per year, with launch planned for autumn 2025.
TekniPlex held a grand opening for its new $17.5 million, 200,000 sq ft egg carton plant in Van Wert's Vision Industrial Park, which is expected to employ about 100 workers. Construction began in June 2023.
Mondi completed a €95 million investment at its Świecie containerboard mill in Poland, rebuilding paper machines PM2 and PM5 and adding 55,000 tonnes per annum of kraftliner capacity, with the project finished in June 2024.
Avantium N.V. and Plastipak signed a conditional offtake agreement for Plastipak to purchase PEF polymer from Avantium's FDCA Flagship Plant for food and beverage packaging in the United States.
Avantium N.V. signed a conditional offtake agreement under which Plastipak Packaging will buy bio-based PEF polymer from Avantium's FDCA Flagship Plant for beverage and food packaging in the United States.
Graphic Packaging International is building a recycled paperboard manufacturing facility in Waco, Texas, with machine installation underway. The site is on track to ramp up in late 2025.
SupplyOne, a North American packaging distributor, has acquired Gulf Packaging, a corrugated box converter with production facilities in Bay Minette and Tallassee, Alabama. The deal strengthens SupplyOne's presence in the Southeast.
Twellium Industrial Company has commissioned a greenfield beverage production site in Kumasi, Ghana, with two complete PET packaging lines installed by Sidel. The plant's water line produces 80,000 bottles per hour.
Atlantic Packaging Products opened a new manufacturing plant in Hamilton, Ontario, to increase capacity for packaging customers and create local jobs. The company is hiring for the site.
Enjay Converters, a portfolio company of Champlain Financial, has acquired Toronto-based protective packaging manufacturer Corner Edge Products; financial terms were not disclosed.
Orora plans to invest $130 million to increase can production at its Rocklea site in Queensland by more than 30%, following its planned divestment of Orora Packaging Solutions.
French group PSB Industries, owner of Texen, finalized its acquisition of Spain-based Quadpack in October 2024, creating a beauty packaging group with combined sales of €360m and 12 wholly owned factories.
DS Smith Hellas has completed a €17.6 million upgrade of its Korinthos corrugated packaging factory in Greece, including a new Fosber corrugator and printing equipment. The upgrade raises the plant's production capacity by 30%.
Modern Ambalaj is investing $100 million in a new corrugated cardboard factory in Sakarya, Turkey, with annual capacity of 200,000 tonnes. It will be the group's eighth plant and bring its total capacity to 1 million tonnes per year.
Coveris is investing £5 million in its St Neots packaging facility in Cambridgeshire, UK, to scale up recyclable food-to-go packaging production. The expansion starts in October 2024 and is due for completion in Q1 2025.
Suzano completed its $110 million cash purchase of a paper mill in Pine Bluff, Arkansas and an extrusion facility in Waynesville, North Carolina from Pactiv Evergreen on October 1, 2024. A long-term supply agreement has Suzano supplying liquid packaging board and cupstock to Pactiv.
kdc/one agreed to acquire Laffon S.r.l., an Italian make-up packaging manufacturer founded in 1982, with an automated plant north of Milan. The deal strengthens kdc/one's packaging capabilities in Europe.
Arnest Packaging Solutions launched a new aluminium can-lid production line at its Naro-Fominsk plant in Moscow Oblast, with investment above 1.4 billion rubles. The line will let the plant produce more than 7 billion aluminium lids per year.
VPK Group acquired a minority stake of about 28% in Fencor Packaging Group, which wholly owns the Cambridgeshire corrugated sheet plant Manor Packaging. Fencor announced the deal on 26 September 2024.
Coveris announced a £5 million investment to triple the production space of its St Neots, Cambridgeshire, food-to-go packaging site from 1,000 to 3,158 square metres. The project starts this month and is expected to complete in Q1 2025.
Arnest Packaging Solutions has started expanding its Ulyanovsk beverage-can plant in the Zavolzhye industrial park, with a third line due by end-2025 and a possible fourth in 2026. The investment will exceed 20 billion rubles and double capacity to 3 billion aluminum cans a year.
Easypack POP/Displays Group, a maker of temporary point-of-sale displays, was acquired by Easypack Holdings from Fencor Packaging Group on 30 August 2024 as the businesses were demerged. Fencor announced the transaction on 26 September 2024.
Valmet will supply its Valmet IQ Quality Control System for a corrugator at Inter Eastern Container's Prachinburi mill in Thailand. The order value was not disclosed and delivery is due in December 2024.
Coca-Cola Consolidated has announced a $25 million expansion at its West Memphis, Arkansas production facility, adding in-house blow molding of bottles and more than 25 jobs. Output is to rise from 26 million to 29 million cases a year.
Valmet will supply its IQ Quality Control System for a corrugator to Inter Eastern Container Co. in Prachinburi, Thailand, with delivery due in December 2024; the value was not disclosed.
Carton Service is expanding its liquid packaging production facility in Shelby, Ohio, with over $10 million in new printing, sealing and lab equipment and plans to add 20% more staff.
Plastics specialist Auer GmbH plans a fourth production hall with an attached picking hall at its headquarters technology park in Amerang, Germany, with construction possibly starting in 2026.
German folding carton producer Faller Packaging will expand its folding carton and packaging insert production capacity and has taken over the real property of the former All4Labels plant in Gebesee near Erfurt. The article is dated September 25, 2024.
Japan Pulp and Paper submitted a binding proposal on September 24, 2024 to buy 100% of Inapa France from its insolvency administrator for EUR 25 million, based on an enterprise value of EUR 73.1 million. The offer competes with a EUR 20 million bid from Next Pack for the packaging business.
Family-owned corrugated packaging maker Welch Packaging has joined forces with Capitol City Container Corp (Cap City Container) in Indianapolis to strengthen its Midwest position. Specific terms were not disclosed.
Cryopak, a North American maker of temperature-sensitive packaging, has been selected as a contracted cold chain packaging partner for Vizient Pharmacy Aggregation Groups members.
Platinum Equity is reportedly negotiating to buy metal packaging maker Trivium Packaging from owners Ardagh Group and the Ontario Teachers' Pension Plan for more than $3.5 billion, according to Bloomberg sources. The deal is not yet guaranteed.
The Punto Pack Group, controlled by Roberto Nisica's holding Nice Do, acquired the majority of Printingpack S.r.l., a Barberino Tavarnelle printing and paper converting firm serving pharmaceutical, cosmetics and food industries. No value was disclosed.
CARBIOS and French label maker SLEEVER signed an exclusive long-term contract to jointly develop Home Compost biodegradable shrinksleeve films, including a master supply agreement for CARBIOS Active enzyme for PLA biodegradation.
Evolem acquired the industrial packaging division of ALIPA Group, comprising NO-NAIL BOXES, WALUPACK SERVICES and Allpack Services, which make folding plywood and steel packaging boxes. Eight Advisory provided due diligence.