Japan Pulp & Paper Co, Ltd. agreed to take over the operations of the insolvent German paper companies Inapa Deutschland, Inapa ComPlott and Inapa Packaging in a reorganised form. Integration is planned for 1 December 2024.
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.
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.
Brazil's competition authority CADE approved Tredegar's sale of its Terphane flexible packaging film business to Oben Group. The deal, agreed in September 2023 for $116 million base consideration, is expected to close on November 1, 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.
UK water management provider Dutypoint has acquired Flowtech Water Solutions, a designer and manufacturer of water booster sets. The deal strengthens Dutypoint's water solutions offering in the UK market.
Nabors Industries has signed a definitive agreement to acquire all shares of Parker Wellbore in exchange for 4.8 million Nabors common shares, subject to a share price collar. Parker provides downhole tubular rentals and drilling services, including 17 drilling rigs.
Flowserve has completed its acquisition of MOGAS Industries, adding severe service valves and aftermarket services to its Flow Control Division. The purchase price was approximately $305 million including the potential earnout.
General Pump Company, a Southern California pump and water well services provider, is merging with Water Well Solutions of Wisconsin and Illinois. The deal was led by Sylmar Group, and both companies will keep their brands and locations.
WTR Group has bought Pumpteknik AB, a Gothenburg-based supplier of pumps, blowers, vacuum units, compressors and LPS pump stations. All staff, including the owner and CEO Stefan Ström, will stay on.
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.
Enjay Converters, a portfolio company of Champlain Financial, has acquired Toronto-based protective packaging manufacturer Corner Edge Products; financial terms were not disclosed.
Mpac Group has acquired CSi Palletising from Elstar International in a deal worth £46 million, announced on October 7, 2024.
EPS Group has acquired Flowmech, a Leicester-based manufacturer and distributor of water, wastewater and pumping products including booster sets and pressurisation units. The purchase price was not disclosed.
Atlas Copco Group has acquired Arlógica Máquinas e Equipamentos, a compressor distributor and service provider in Vila do Conde, Portugal, with 9 employees. The purchase price was not disclosed.
Atlas Copco Group has acquired Easy Filtration SRL, a Milan-based distributor of process filters with 9 employees, joining its Medical Gas Solutions division. The purchase price was not disclosed.
Atlas Copco Group has acquired Kinder-Janes Engineers Ltd, an industrial pump distributor headquartered in St. Albans, UK, which has 20 employees and 2023 revenues of about GBP 12.5 million. The purchase price was not disclosed.
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.
Ingersoll Rand has acquired Blutek s.r.l., an Italian designer and producer of engineered compressed air and nitrogen generation solutions, as part of three bolt-on deals totaling about $135 million.
Ingersoll Rand has acquired Air Power Systems Co. (APSCO), a US provider of hydraulic and pneumatic products for specialty work trucks, as part of three bolt-on deals totaling about $135 million.
Nomo Group, a Power Transmission Solutions company within Axel Johnson International, is acquiring a majority stake in Finnish seals specialist Top-Osa of Tampere. The deal expands Nomo's sealing offering across the Nordics.
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.
Ingersoll Rand completed its acquisition of UT Pumps & Systems Pvt. Ltd on October 1, 2024, for $11.7 million. UT Pumps joins the Precision and Science Technologies segment; the company also bought Blutek and APSCO in a combined deal of about $135 million.
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.
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.
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.
Vestum has agreed to sell 100% of Flowa Technology AB to private equity investor Nordic Capital for SEK 6.5 billion cash on a cash- and debt-free basis. Completion is expected in the second half of 2026, subject to approvals.
Elgi Compressors USA, a subsidiary of Elgi Equipments, decided to sell its entire stake in the Compressed Air Solutions of Texas joint venture to its partner for $154,586, with closure expected by October 31, 2024.
Atlas Copco finalized the acquisition of Generator Rental Services Ltd., a specialty power and temperature control rental company in Auckland, New Zealand, with revenues of EUR 23 million.
Verder Liquids BV, part of Verder Group, has acquired Sauermann's pump technologies and monitoring instruments, including HVAC-R condensate removal pumps and air quality instruments.
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.
Ireland-based Schivo has acquired ParMed, a fluid handling firm in Berlin, Connecticut, that makes intelligent electronic rotary valves, layered manifolds and pumps. ParMed will operate within Schivo's Life and Analytical Sciences segment. The announcement was made on September 24, 2024.
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.
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.
Verder announced the acquisition of Sauermann, a HVACR market provider of condensate pumps and air quality measurement instruments. Sauermann's CEO Serge Bohyn commented on the deal; no value was stated.
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.
FLSmidth signed an agreement to acquire TIPCO Tudeshki Industrial Process Control GmbH of Aachen, Germany, adding particle-size sensor technology to its mining PCV solutions. Terms were not disclosed.
Verder announced the acquisition of Sauermann, a supplier of HVAC-R technologies including condensate removal pumps, to expand its pump and equipment portfolio.
WEG agreed to acquire Volt Electric Motors, a Turkish maker of industrial and commercial electric motors and a subsidiary of Saya Group, for an enterprise value of US$88 million.
JOST Werke signed an exclusivity agreement with Unitas Capital and NWS Holdings to buy all shares of Hyva, a hydraulic cylinder supplier with 14 production facilities. A definitive agreement is targeted for Q4 2024.
Atlas Copco announced it will acquire Perslucht Wilda, a Woudenberg-based compressor distributor with 9 employees, to extend its aftersales presence in the Netherlands. The purchase price was not disclosed and closing is expected in Q4 2024.
Kelso-backed Novvia Group, a rigid container and life sciences packaging distributor, has acquired container supplier Liquid Bottles.
Novolex agreed to acquire Pactiv Evergreen for $18.00 per share in an all-cash deal valued at $6.7 billion, combining the two into a leading food and beverage packaging manufacturer.
Amiblu has acquired RPC Pipe Systems, its long-term Flowtite licensee in Australia and New Zealand, expanding its operations into the Asia-Pacific region. No value was disclosed.
FFL Partners agreed to sell its investment in Ovarro, a critical infrastructure technology specialist, to Indicor LLC, a diversified industrial company.
Mondi agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging, including two mega-box plants in Germany at Ebersdorf and Greven. The enterprise value is €634 million, financed from existing facilities.
Isem Packaging Group completed the industrial integration of Bartoli Packaging Srl, a Tuscan maker of rigid luxury boxes for fashion brands, through its subsidiary Industrial Pack Srl. The article does not state a deal value.
Belgian packaging manufacturer Van Genechten Packaging has acquired all shares of Polish premium folding carton maker Dot2Dot Group, which has plants in Gdansk and Warsaw. The deal is still subject to anti-monopoly approval.
Berlin Packaging has acquired Osaka-based packaging supplier Nissho Jitsugyo, expanding its presence in Asia-Pacific. All Nissho employees, management and locations will be retained; financial terms were not disclosed.