Mauser Packaging Solutions completed the acquisition of substantially all assets of Consolidated Container Company, a maker and reconditioner of industrial containers, on February 1, 2024, for $56 million in cash. The target has facilities in Minneapolis, Minnesota and Kansas City, Kansas.
Saica Group is reportedly planning a $130 million corrugated box facility in Anderson, Indiana, for which it has asked the Anderson Plan Commission to use 39 acres. The plant would initially employ 60 people and would be Saica's second US facility.
Smurfit Kappa will invest EUR 54 million to double the capacity of its Bag-in-Box plant in Ibi, Alicante, Spain, and create 200 jobs. The investment also improves waste management and energy efficiency.
NPP Packaging Systems Holdings completed its acquisition of Active Packaging Holdings NI Limited on 31 January 2024, with BHSM LLP advising.
Imbal Carton plans a 20,000 square meter corrugated cardboard plant in Piadena Drizzona, Cremona, in collaboration with German multinational Progrup, with a EUR 15 million investment including machinery. Construction is planned to start next year, with turnkey delivery expected by 2026 and 50 initial jobs.
DS Smith has signed a second consecutive five-year contract with Mondelez International to be its exclusive corrugated packaging supplier across European markets. The deal includes new sustainable fibre-based packaging solutions.
Antalis has signed a binding agreement to acquire Pakella, a packaging distributor and manufacturer with three distribution sites in Latvia, Lithuania and Estonia. The deal is subject to approval by the Latvian competition authority. Pakella has about EUR 15 million turnover and 60 employees.
Welch Packaging Group plans to open a new production facility in Wooster, Ohio, creating 50 new jobs, after the Ohio Tax Credit Authority approved tax credit assistance for the project.
Novelis Inc. has signed a new contract to supply aluminum beverage packaging sheet to Ardagh Metal Packaging's metal production facilities in North America, the third such major Novelis contract in under seven months.
Israeli bag-in-box maker Aran Group is acquiring a majority stake in IBA Germany, a maker of flexible IBCs based in Luhne, Germany. The deal aims to open new markets and strengthen Aran's presence in Europe.
Violeta, owned by Petar Corluka, is opening a 30,000 sq m corrugated carton packaging factory in Grude, with a 35 million euro investment. Test production began in December 2023 and the official opening is expected soon.
Valgroup has acquired Mirvi Brasil, a manufacturer of plastic caps located in Cabreuva, Sao Paulo. The deal expands Valgroup's caps business and its beverage market offering.
McLaren Packaging has acquired Bathgate-based protective packaging maker Glenhaze Ltd for an undisclosed sum. The Bathgate premises and all 25 employees are being retained.
SIG is providing carton packs and filling services to Brazil-based soy and juice drink maker Mupy via a co-packer. The filling machines support Mupy's growth plans for soy and juice beverages.
VPK Group entered a joint venture with IEMME srl, an Italian corrugated cardboard company in Gambolò near Milan. The move is VPK's second growth step in Italy after its October 2023 Zetacarton stake.
Belmark Inc. will locate a new 156,000-square-foot flexible packaging plant in Allen County, Kentucky, with a nearly $99 million investment creating 159 jobs. Construction is expected to begin in June 2025 and finish in 2026.
VPK Group announced a joint venture with IEMME srl, a corrugated cardboard producer based in Gambolò near Milan, to expand its paper-based packaging business in Italy. IEMME's plant produced 70 million m² of cardboard in 2023.
Unicorr Packaging Group acquired corrugated packaging producer TriState Container Corporation, which operates three facilities in the Philadelphia area. The transaction closed in October 2023 and was announced January 24, 2024.
Accredo Packaging completed its fourth expansion at its Sugar Land headquarters, adding 83,000 square feet of office space for a $10 million investment and creating 30 jobs.
US luxury packaging maker Curtis Packaging and German luxury packaging company H.O. Persiehl announced a strategic partnership to combine their expertise in luxury packaging on both sides of the Atlantic. No financial terms were disclosed.
WestRock will close its existing corrugated box plant in North Chicago, Illinois, once the new Pleasant Prairie, Wisconsin facility is complete.
WestRock plans a state-of-the-art corrugated box plant of over 550,000 square feet in Pleasant Prairie, Wisconsin, for about $140 million, with construction expected in 2024 and completion in 2025.
ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based plastic packaging manufacturer with production in Puerto Rico, Costa Rica and the Dominican Republic. The deal was contractually agreed on 22 December 2023.
Cascades converted the former Bear Island paper mill in Hanover County, Virginia into a recycled linerboard facility, announced in October 2020 with a $380 million investment. The first roll of containerboard was produced in May 2023.
Saica has commenced construction of a new corrugated board factory in Sant Esteve Sesrovires, Catalonia, with an investment of more than $107.8 million. Operations are scheduled to start in 2025 and the plant will replace two existing sites.
France-based Sleever, a shrink sleeve labelling and equipment maker, has taken a majority stake in Helios Packaging, a sleeve technology firm in Wommelgem, Belgium. Financial terms were not disclosed.
DRT Holdings announced the purchase of U.S.-based Custom Machining Corporation for an undisclosed sum; CMC joins DRT's Metal Packaging Systems segment, which makes rotary end coating systems for metal packaging.
Kellanova invested £86m in new technology to produce a 90% paper-based Pringles tube, sold first exclusively in Tesco and One Stop stores in the UK from January 2024 and rolling out to other supermarkets later in 2024.
A joint venture involving Hell Energy and the Azerbaijan Investment Company plans an aluminum beverage can production and filling plant in the Alat Free Economic Zone. Design work is being finalized and construction is expected to start soon, with 280 permanent jobs anticipated.
Malta's Department of Contracts awarded tender CT2195/2023 for soft one-piece close pouches to E.J. Busuttil Limited for EUR 424,620. Four bids were received.
Pawi Packaging Schweiz AG invested CHF 330,000 to switch its heating from gas to district heating from Stadtwerke Winterthur. The connection was made in 2021 and is reported in January 2024.
Inter Group Packaging is implementing a two-phase investment programme to expand and upgrade its corrugated plants in Bangkok and Prachinburi.
Thai corrugated box maker Inter Group Packaging ordered an Isowa Ibis and Falcon as the first phase of its expansion programme. The Ibis is being installed at Inter Fibre Container's Bangkok plant in Bang Khae.
HCI Equity Partners-backed AmerCareRoyal acquired Thermosource Tooling and Manufacturing (TTM), a maker of thermoformed and flexible packaging in El Segundo, California. Financial terms were not disclosed.
SupplyOne, the largest independent US corrugated packaging supplier, acquired Crownhill Packaging, a Toronto-headquartered North American packaging distributor with four locations in Canada and the US. It is SupplyOne's first international acquisition.
Bayern-Fass Group subsidiary Rhein-Fass expanded its Ludwigshafen production with new halls and an IBC cleaning line commissioned in July 2023, tripling daily reconditioning capacity.
Global packaging company TricorBraun announced it has acquired Germany-based glass packaging provider Glassland, expanding its German glass packaging business. The announcement was made on January 9, 2024.
Mold-Tek Packaging acquired land in Mahad, Maharashtra for a 1,500-tonne manufacturing plant with an investment of INR 20 crore, to supply pails to Grasim Industries. The plant is expected to be set up by October.
Mold-Tek Packaging opened new rigid plastic manufacturing units in Panipat (Haryana), Cheyyar (Tamil Nadu) and Sultanpur (Telangana) with a total investment of more than INR 100 crore, adding 5,500 tonnes of capacity. The company announced it on January 8, 2024.
UK-based premium packaging provider CJK Packaging acquired eco-friendly food packaging and partyware company WF Denny to expand its premium and sustainable product range. The financial terms were not disclosed and the deal was reported on January 8, 2024.
Russian group Arnest is building an aluminum beverage can plant in Ulyanovsk's Zavolzhye industrial park, with investment above 10 billion rubles, capacity up to 2,000 cans per minute, and first line launch planned for Q1 2024.
Hood Container Corporation has acquired the corrugated packaging business of Sumter Packaging Corporation, including its Sumter, South Carolina operations and its Statesville, North Carolina facility.
One Rock Capital Partners has completed its acquisition of flexible packaging maker Constantia Flexibles from Wendel, Maxburg Capital Partners and other shareholders.
Ondupet, which makes rPET packaging, is investing 11 million euros to expand its plant in Almendralejo, Extremadura, and plans to grow its workforce from 65 to 110.
Spanish packaging group Saica, through its UK subsidiary Saica Pack, lodged a full planning application for a 485,000 sq ft corrugated fibreboard factory on a 25-acre site at Invest NI's Carnbane Industrial Estate in Newry. The investment is expected to be in the tens of millions and will relocate its Warrenpoint operation.
Mondi intends to buy DS Smith, according to a Pack aktuell news roundup. The headline gives no date, so the article date is used.
Constantia Flexibles is taking over Aluflexpack, according to a Pack aktuell news roundup. The headline gives no date, so the article date is used.
Vetropack reported gloomy prospects for 2024 and the closure of its last Swiss production site. The headline does not give a date, so the article date is used.
Trioworld Group signed an agreement on December 30, 2023 to acquire Wentus GmbH from Clondalkin Group, which was owned through Egeria. MP Corporate Finance advised the seller on the sale.
Fresh Mark, Inc. plans a new 38,000-square-foot expansion at its Lincoln Avenue plant in Salem, Ohio, adding 50 jobs and bringing the workforce to 800. Construction begins in January 2024 and the expansion is expected to be operational in July 2024.