Mondi held a groundbreaking in Duino, Italy, on 23 May 2024 for a €200 million investment converting an existing paper machine into a recycled containerboard machine with about 420,000 tonnes annual capacity. Start-up is expected in 2025.

Bangkok Glass, BG Container Glass and Singha acquired a combined 25.1% stake in Bangkok Can Manufacturing from Toyo Seikan in a deal valued at over THB 499 million.

Gores Holdings V entered a business combination with Ardagh Metal Packaging, which will become a standalone listed company. Ardagh Group will still own about 82% after the deal.

DS Smith is set to sell its De Hoop paper mill in the Netherlands to corrugated packaging supplier De Jong Packaging for GBP43m (US$59m).

Tetra Pak and Stora Enso are investing a combined EUR29.1m in a new carton repulping line in Poland that will triple used beverage carton capacity from 25,000 to 75,000 tonnes per year.

Mondi bought 90.38% of Turkish corrugated packaging company Olmuksan, following its earlier plan to acquire the shares from International Paper for US$80.6m.

Visy announced a US$500m investment to build a glass container manufacturing plant and recycling facility in Yatala, Queensland, with annual capacity of about 1bn glass containers. It expects to relocate its South Brisbane glass remanufacturing operations there by 2025.

Mondi decided to offload its Russian operations after its board considered all options, including legal separation. The company had already suspended operations and significant capital projects in Russia.

Kenya's Competition Authority approved Ramco Plexus's acquisition of Platinum Packaging, a flexible packaging film maker jointly owned by Ramco Group and Carton Manufacturers. Ramco Plexus will pay Carton about KES500m (US$4.27m) for its 50% stake.

Vancouver-headquartered Wildpack Beverage agreed to acquire Michigan-based Land & Sea Packaging for US$37.3 million, with all employees transferring to Wildpack. Land & Sea brokers about 90 million aluminium cans a year.

Zotefoams agreed with Südpack in Ochsenhausen, Germany, for Südpack to manufacture the extruded flexible polymer material used in ReZorce cartons, adding up to 100 million cartons of annual capacity. The initial agreement runs three years.

French packaging distributor Antalis signed a binding agreement to acquire Pakella, a packaging distributor and manufacturer in Latvia, Lithuania and Estonia with EUR 15 million turnover in 2023. The deal is subject to approval by the Latvian competition authority.

Imperial Dade Canada, backed by Advent International, acquired Canpaco, a custom packaging company based in Woodbridge, Ontario. The deal value was not disclosed.

Salinas Packaging Group opened a new sustainable printing and graphic arts facility in Spain, investing close to EUR 10 million. The plant serves its three rigid box plants near Alicante and its Barcelona plant, and is expected to raise capacity by 40% in 2025.

Imbal Carton spent about EUR 9.3 million on investments in 2023, of which EUR 5 million went to a new production line for large boxes. The company targets a 50% increase in transformed square metres by 2030.

US packaging provider TricorBraun acquired NSW-based UniquePak, a distributor of glass packaging for the spirits, wine, pharma and food industries, to expand its ANZ presence. The acquisition was reported on 17 May 2024.

Mondi partnered with Scan Sverige to supply its recyclable polypropylene mono-material WalletPack for the Pärsons brand's sliced ham, salami and plant-based products, in use since March 2024. The development was reported on 17 May 2024.

Genpak LLC expanded and reopened its renovated 400,000-square-foot Hope Hull manufacturing facility in Montgomery, Alabama, investing $22.8 million and adding 155 jobs to its existing 145 employees. The reopening was reported on 16 May 2024.

ATS Corporation signed a definitive agreement to acquire Paxiom Group, a Montreal-headquartered maker of primary, secondary and end-of-line packaging machines with about 200 employees and roughly $67 million revenue in 2023.

oceansix future paths, through subsidiary Oceansix S.L., bought the business of Finnish reusable packaging firm Original RePack Oy in exchange for shares and a cash payment, with total consideration of about CDN $2.39 million.

NOVAPOR is adding 2,000 square meters of warehouse and manufacturing area at its Kaltenkirchen, Germany facility, with completion scheduled for the end of 2024 to increase capacity and shorten delivery times.

EAM-Mosca opened its $20.6 million expansion of its Hazle Township, Luzerne County manufacturing operation, growing its footprint from 165,000 to 283,000 square feet and creating over 50 jobs.

Grifal aims to build about 14 new production sites for Cartù in main European countries, in partnership with local entities, with an assumed investment of about EUR 2 million per site.

Bergamo-based Grifal will inaugurate in September 2024 an expansion of its Cologno al Serio site, with four new production lines and a total investment of EUR 15 million, doubling Italian Cartù capacity.

Saica Group reached an agreement with the Bertoldo family to become the major shareholder of LIC Packaging, a corrugated board producer in the Brescia province of Lombardy, Italy. The Bertoldo family will remain in management. The announcement is dated May 14, 2024.

Plastipak Packaging and Kraft Heinz agreed to convert KRAFT Real Mayo and MIRACLE WHIP containers in the United States to 100% food-grade recycled PET, eliminating about 14 million pounds of virgin plastic. The announcement was made on May 13, 2024.

BAKO AS, part of Orkla Food Ingredients, signed and completed the purchase of 70% of Kartonage AS, a family-run cardboard packaging and serving solutions maker in Heimdal, Trondheim; the price was not disclosed.

CCL Industries signed a binding agreement to acquire the remaining 50% stake in its Middle East joint venture Pacman-CCL from partner Albwardy Investment, with closing expected in summer 2024.

Tetra Pak will invest an additional EUR 97 million in its beverage carton plant in Binh Duong, Vietnam, adding a production line expected to be fully operational in the third quarter of 2025 and increasing its workforce.

Tetra Pak will invest an additional €97 million ($104.3 million) in its packaging material plant in Binh Duong, southern Vietnam, adding a production line fully operational by Q3 2025 and raising total site investment above €217 million.

DS Smith agreed its second consecutive five-year exclusive corrugated packaging supply agreement in Europe with Mondelez International, extending an existing relationship with new projects and sustainable fibre-based packaging.

SACMI Group announced the sale of its Beverage Business Unit, a maker of beverage filling, stretch-blowing and labeling systems, to Omnia Technologies; the deal is expected to close by the end of summer 2024.

Mauser Packaging Solutions, through subsidiary BWAY Corporation, completed the acquisition of 100% of the voting shares of Taenza, S.A. de C.V., a Mexican manufacturer of tin-steel cans and steel pails.

Recyclable packaging maker PakTech has launched local manufacturing of multipack beverage can handles in Australia. PakTech and its partners have capacity to make up to 75 million recycled handles annually in Australia.

PakTech announced a collaboration with Endeavour Group to expand a closed-loop recycling scheme for PakTech handles at Dan Murphy's outlets in Australia. The scheme aims to collect used handles for recycling.

Volk Packaging and its contract packaging division Volk Paxit will implement Amtech Software's EnCore ERP with Scorekeeper, TopGun and Visual Analytics for an automated solution. The announcement was made on May 6, 2024 from Fort Washington, Pennsylvania.

JetCo Packaging Solutions, Ponderosa Packaging and Mil-Spec Packaging of GA will share a maximum $27,555,755 indefinite-delivery contract with the Defense Logistics Agency for fiberboard boxes and sheet material. The five-year contracts run to May 5, 2029.

Ascent Rift Valley Fund II acquired a minority equity stake in Dune Packaging Limited, a Kenyan packaging manufacturer, to support its expansion into new markets and operational capabilities.

Groupe Guillin acquired a 49% stake in WOBZ Industries and WOBZ Distribution, French makers of personalized reusable cups and containers with 2023 revenue of EUR 10 million and 60 employees.

Breck Partners has acquired food packaging manufacturer NPX One, which is led by CEO Rudy Cuellar. The article gives no deal value or location.

Dow signed an agreement to sell its flexible packaging laminating adhesives business to Arkema, covering five manufacturing sites in Italy, the United States and Mexico. The transaction value is $150 million, and closing is expected by the end of 2024 subject to regulatory approval.

Smurfit Kappa inaugurated a new corrugated cardboard packaging plant in Guarne, Antioquia, Colombia, investing over USD 50 million to expand capacity from its Medellin plant, which it describes as the group's most modern in Colombia.

DS Smith invested €6m in its La Chevrolière facility near Nantes, France, adding 4,000 square metres and a new 2,500m² workshop for Kaypal cardboard pallets. The workshop has capacity of 250,000 units and potential for up to 1.5 million pallets per year.

Investment company Lemnos Capital acquired 100% of Cartonajes Limousin, a corrugated cardboard packaging manufacturer in Tolosa, Gipuzkoa, Spain, and plans to expand its product range and regional markets.

Packaging maker Venturepak has invested £3m in a new manufacturing facility in Manchester to produce injection-moulded plastic containers for a household brand's ice cream products, previously imported.

A contract was signed between Azerbaijan Investment Company and Hell Energy for a beverage can factory in Alat, announced at the 10th Azerbaijan-Hungary Intergovernmental Commission in Baku.

Hell Energy of Hungary will open a factory in the Alat Free Economic Zone, Azerbaijan, next year with annual capacity of 700 million aluminum beverage cans, under a contract with Azerbaijan Investment Company. The investment is $211 million and more than 300 jobs are planned.

Labatt Breweries of Canada invested $9 million in new machinery at its Turning Point Brewery in Delta, British Columbia, to eliminate plastic rings from can packaging and enable new can formats.

Valmet will supply an IQ Moisturizer system to Adara Pakkaus Oy's corrugated board mill in Valkeakoski, Finland, with delivery scheduled for Q3 2024. The order value was not disclosed.

Acme Corrugated Box Company announced it will add a second Isowa Falcon to its production capacity for 2025, following its first Falcon added in mid-2023.