Alesayi Beverage Corporation will use a SIG SureFill 42 aseptic bag-in-box filling system and 10L SIG bags at its new Jeddah production facility to launch products for the HoReCa channel. The partnership was announced on 8 August 2024; no value was disclosed.
Arkema agreed to acquire Dow's flexible packaging laminating adhesives business, with annual sales of about $250 million, at an enterprise value of $150 million. Bostik will combine the business with its existing flexible packaging presence; the business has manufacturing sites in Italy, the United States and Mexico.
Alesayi Beverage Corporation is partnering with SIG to launch bag-in-box products using a SureFill 42 aseptic filling system at its new Jeddah production facility. SIG will supply the filling line and 10-litre bags for hotel, restaurant and cafe customers.
Alesayi Beverage Corporation has partnered with SIG to install an aseptic bag-in-box filling system at its new production facility in Jeddah, Saudi Arabia. The system includes a SureFill 42 filling line and 10-litre SIG bags, marking Alesayi's entry into the bag-in-box market.
South Africa's Competition Commission approved Guala Closures' proposed acquisition of Astir Vitogiannis, whose subsidiary Coleus Packaging is a major crown cork supplier in Southern Africa. The approval comes with specific conditions.
Tetra Pak will invest an additional €97 million in its beverage carton plant in Binh Duong province, Vietnam, bringing total investment there since 2019 to over €217 million. A new production line is expected to be fully operational in Q3 2025.
Adami Group has commissioned Voith to build a complete OCC BlueLine stock preparation plant with 4.0 technology for its Santa Catarina mill in Brazil. Commissioning is scheduled for October 2025.
Sustainable packaging maker Meyers has agreed to acquire substantially all assets of Johnson Printing and Packaging Corporation (JPP) to expand its folding carton business. Financial terms were not disclosed.
Family-owned corrugated packaging maker Welch Packaging has started up a new corrugator facility, OHCorr, in Wooster, Ohio, to produce corrugated sheets for its box plants. The site is in Wooster's Innovation Park.
The DUBAG-managed LEO III fund acquired Ampack GmbH and Osgood Industries from Syntegon, a CVC portfolio company. Ampack and Osgood make form, fill and seal machines for cups and bottles used in food packaging.
Amtech Software will deploy its EnCore ERP platform across five Opus Packaging manufacturing facilities in the US to improve efficiency and productivity. The system adds cloud-based access and automation.
deSter, a gategroup member, extended its supply partnership with Discover Airlines for another four years, through 2028. deSter provides design, production and supply chain services for the airline's onboard items.
Seven cArtù, a joint venture of the José Neves group and Italy's Grifal, announced a €4 million investment in a production unit in Guimarães, Portugal, for its cArtù corrugated board. The investment funds greener production lines and is partly supported by the Portugal 2030 program.
Wepoba Wellpappenfabrik, part of the Panther Group, has bought an adjacent property in Wustermark and plans a double-digit million euro investment to expand its logistics center. The planned automated high-bay warehouse would raise storage capacity from about 15,000 to 30,000 pallets.
Packaging Corporation of America is replacing its existing corrugated products plant in Phoenix with a new greenfield facility expected to be operational in spring 2025. The new plant will more than double the site's capacity to over 2 billion square feet of production per year.
deSter will make a multi-million investment in production equipment at its Prachinburi, Thailand site to double its wet molded fiber capacity to 250 million trays and bowls per year. The investment was announced on July 25, 2024.
Silgan Holdings has signed a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a producer of dispensing solutions, for an enterprise value of €838 million. Weener operates 19 facilities mainly in Europe and the Americas and had sales of about €450 million.
DS Smith has invested more than €50 million in its packaging facilities in Portugal over the last three years. Investments include new fluting machines for Oporto and Leiria, and a corrugator upgrade at Lisbon.
UK packaging maker Cepac has completed a phase of its £20m three-year investment plan, adding corrugating capacity and equipment for its Flutepac food packaging at its Darlington site.
US packaging maker Plastipak will supply Kraft Heinz with containers made from 100% food-grade recycled PET. The article is paywalled, so only the headline details are confirmed.
Stora Enso is investing €30m to upgrade and grow its corrugated packaging production in Ostrołęka, Poland, including a new 2.8m-wide corrugator. Construction is scheduled to start in Q3 2024 and finish by the end of 2025.
Crown Holdings is investing in its plant in the El Agba region near Tunis, doubling its annual capacity to more than 1.2 billion beverage cans.
Saica Group has reached an agreement to acquire Schumacher Packaging's Polish subsidiary, including two corrugated board plants, two paper mills and three service centres. Completion is pending Polish antitrust clearance; the price was not stated.
Axium Packaging has opened a $36 million, 130,000-square-foot plastic packaging plant in Archdale, North Carolina, its first in the Carolinas. The plant is about 15 miles southwest of Greensboro and will bring new jobs, though no number is given.
Abris Capital Partners is set to sell its stake in Dot2Dot, a premium packaging producer, according to Private Equity International. No buyer, deal value or location was given.
Kartontara, 100% owned by SFT Group, will commission a second corrugated packaging plant in Maykop, Adygea, by late 2024, with total investment of about 2.8 billion rubles. The plant will have capacity up to 130 million square meters per year and create over 134 jobs.
Smolensk governor Vasily Anokhin announced an investment project at the Rudnya container plant to raise tin can production from 30 million to 50 million units per year, with investment exceeding 800 million rubles. Construction of a warehouse and production building has begun, and two new can lines will be installed.
Nightfood Holdings has signed a letter of intent to acquire SWC Group, doing business as Carryoutsupplies.com, a US wholesaler of custom takeout packaging for foodservice, in an all-stock transaction through its subsidiary Future Hospitality Ventures Holdings.
Van Genechten Packaging has signed a deal to acquire 100% of Poland-based DOT2DOT Group, which operates plants in Gdańsk and Warsaw and has annual turnover above 50 million euros. The deal is subject to anti-trust approvals.
PSB Industries will acquire 100 percent of ALQP's share capital at €32 per share to merge Quadpack with its Texen business into one group. The combined group, with sales of €350 million, will have industrial presence in six countries.
Antalis GmbH bought Hein Verpackungen GmbH, a family-owned packaging company in Traunfeld, Germany, and assigned it to its Antalis Verpackungen unit. The move is intended to secure the site and existing jobs.
Shandong Furuida Pharmaceutical Group awarded contracts for pharmaceutical composite films (lot 1) and bags (lot 2) to several Chinese packaging suppliers, as announced on 17 July 2024 under tender number lszb202405270821.
Smurfit Kappa invested USD23.5 million to upgrade its Nuevo Laredo sheet plant in Tamaulipas, Mexico, into a fully integrated corrugated plant with a new corrugator. The new machine began operating in July 2024 and doubles production capacity.
Baosteel Packaging plans an aluminium two-piece can production facility in Long An province, Vietnam, with an investment of about CNY 525 million. The plant is slated to produce 800 million cans per year.
Isem Packaging Group, backed by Peninsula Capital, finalized the industrial integration of Tuscan luxury rigid box maker Bartoli Packaging through subsidiary Industrial Pack. The closing took place in June 2024 and was announced on July 15, 2024.
Newry, Mourne and Down District Council's planning committee approved Saica Pack Ltd's plan to relocate from Warrenpoint Harbour and build a corrugated fibreboard factory at Invest NI's Carnbane Industrial Estate in Newry.
Corrugated packaging specialist Twinplast invested £1.5 million (US$1.9 million) in a new extrusion line made by Omipa Extrusion Machinery in Milan, Italy, which will increase extrusion capacity three to four times while cutting energy use per ton by 40%.
Green Bay Packaging broke ground on July 9, 2024 on a new 270,000 square foot facility for its Great Lakes Packaging Division in Germantown, Wisconsin, with operations expected in fall 2025 and 20 additional jobs planned.
Private equity firm Agile Capital has acquired a significant minority stake in Berry Astrapak, a South African manufacturer of rigid moulded and thermoformed plastic packaging. The article does not state the deal value.
Xi'an Jingxi Shuangding Pharmaceutical published the tender result for its carton packaging project, splitting the award 70% and 30%. Xi'an Zhentao Packaging Materials won the 30% share with a bid of about 19.13 million yuan.
Macfarlane Group agreed to acquire foam protective packaging specialist Polyformes in a £11.5 million deal, reported on 8 July 2024.
Smurfit Kappa completed its acquisition of WestRock, forming Smurfit Westrock, which began trading on the NYSE on 8 July 2024. The deal was valued at nearly $12.7 billion when agreed in April 2024.
Hood Container Corporation agreed to buy the packaging assets of Independent II, LLC, including its corrugated, design and manufacturing operations in Louisville, Kentucky. The transaction is expected to close in the near future.
Alupol Packaging Kęty signed supply contracts for two 10-colour flexo printing presses with GPS systems, two laminators and ancillary equipment. The machines are to be commissioned at its Kęty plants within several months.
Tetra Pak signed agreements with Ektifa, the commercial arm of Sharjah's Department of Agriculture and Livestock, to install a Tetra Top filling line and provide utilities at the Meliha Dairy Factory in the UAE. Financial terms were not disclosed.
Valmet will supply a Valmet IQ quality control system for a corrugator at Thai Containers Group's corrugated containers plant in Rayong, Thailand, to reduce warped board and waste. Delivery is due in Q4 2024 with start-up in Q1 2025.
Trioworld Group signed an agreement on June 25, 2024 to acquire Sopal SAS, owner of French food packaging companies Palamy and Beaudet et René Jean Emballage (BRJ), through a purchase of all shares. The deal is subject to closing conditions and French regulatory approvals.
WestRock broke ground on a highly automated corrugated box plant in Pleasant Prairie, Wisconsin, a $140 million project with more than 580,000 square feet, expected to open in April 2025. The plant is one of WestRock's superplants and will lead to the closure of a North Chicago, Illinois facility.
DS Smith began supplying its carbon-reducing DS Smith Round Wrap multipack to Carlsberg Poland for selected product lines. The solution is expected to save up to 224 metric tons of CO2 a year for Carlsberg Poland.
Tetra Pak signed an agreement with Sharjah's Ektifa to install a Tetra Top filling line at the Meliha Dairy Factory in the UAE, worth USD 3.5 million for packaging. A separate USD 8 million utilities deal was also signed.