Trelleborg Sealing Solutions has signed an agreement to acquire Baron Group, an Australian-Chinese maker of precision silicone components, to strengthen its healthcare and medical offering. Baron had 2023 sales of about SEK 1,000 million and operates two plants in Australia and two in China.

ALPLA has acquired all shares of Fortiflex, Inc., a Puerto Rico-based packaging manufacturer with plants in Puerto Rico, Costa Rica and the Dominican Republic. The deal was agreed on 22 December 2023 and terms were kept confidential; all 102 employees were taken over.

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.

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.

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.

One Rock Capital Partners has completed its acquisition of flexible packaging maker Constantia Flexibles from Wendel, Maxburg Capital Partners and other shareholders.

Pact Group and Morrison & Co completed the sale of a 50 per cent stake in Pact's Crate Pooling business to Morrison, creating the 50/50 joint venture Viscount Reuse for reusable plastic packaging crates in Australia and New Zealand.

Austrian-German packaging company Rattpack acquired Giko Verpackungen GmbH, a flexible packaging maker with sites in Weiler (Austria) and Diepoldsau (Switzerland) and around 85 employees, lifting the Rattpack Group's annual turnover to about EUR 150 million.

ALPLA acquired a majority stake in Moroccan packaging producer Atlantic Packaging and formed the joint venture ALPLA Morocco with Diana Holding. The Tangier plant has tripled preform capacity to around 300 million units per year after new lines were added.

Swiss GF closed its tender offer for Finnish-listed Uponor on 13 November 2023, combining building technology businesses into a new GF Uponor division and moving infrastructure into GF Piping Systems.

Axium Packaging completed the acquisition of Silte Srl, a family-owned plastic bottle and jar producer in Budrio near Bologna, Italy. Silte has a turnover of EUR 7.5 million and 25 employees.

LyondellBasell acquired a 25% equity ownership in Cyclyx, the joint venture between Agilyx and ExxonMobil, to accelerate US plastics circularity infrastructure.

Amcor agreed in November 2023 to buy Berry Global for $8.43 billion in an all-stock deal. The companies have cleared the US antitrust waiting period and approvals from other countries, with closing targeted for mid-2025.

Greif entered exclusive negotiations to acquire IPACKCHEM Group SAS, a maker of jerrycans and small plastic containers, from an affiliate of SK Capital Partners in a cash deal valued at $538 million. Closing is expected by the end of Greif's second quarter of fiscal 2024, subject to French consultation and regulatory clearances.

Valgroup announced the acquisition of Garda Plast Group, formed from Garda Plast and IFAP, which produces PET and rPET preforms. The deal, led by Progressio SGR, strengthens Valgroup's presence in Italy.

The European Commission granted unconditional merger clearance for Georg Fischer's voluntary public cash tender offer for all outstanding Uponor shares at EUR 28.50 per share. US antitrust waiting period had already expired, and completion is pending.

Sumitomo Bakelite signed an agreement to acquire 90% of SB Pax, a new company split from Asahi Kasei Pax's laminated plastic film business, to expand its films and sheets business for pharmaceutical packaging. SB Pax is scheduled to begin operations on 1 April 2024.

Sharps Technology signed an asset purchase agreement to acquire Nephron Pharmaceuticals' InjectEZ specialty syringe manufacturing facility for $50 million, backed by a term sheet for up to $75 million in debt financing.

Tredegar agreed to sell its Terphane flexible packaging films business, with about 500 employees and sites in Brazil and New York, to affiliates of Oben Group for net debt-free base consideration of $116 million. Closing is subject to competition clearance in Brazil and Colombia and is expected in 8 to 14 months.

Morrison agreed to acquire a 50% interest in Pact Group's reusable plastic crate pooling business serving Australia and New Zealand, valuing the business at an enterprise value of about A$380 million.

Amcor agreed to acquire Phoenix Flexibles, which operates one flexible packaging plant in Gujarat, India, to expand its capacity in India. The deal is expected to close in the September 2023 quarter.

One Rock Capital Partners agreed to acquire packaging manufacturer Constantia Flexibles from Wendel for net proceeds of around EUR 1.1 billion. Closing is expected in the second half of 2023, subject to regulatory approval.

LyondellBasell acquired a 50 percent stake in Stiphout Industries B.V., a Montfort, Netherlands plastic packaging waste processor, announced on 19 July 2023. The stake supports its QCP recycling assets in Belgium and the Netherlands.

According to banking sources reported by KED Global, US private equity firm TPG agreed to buy a 100% stake in South Korean cosmetic packaging supplier Samhwa at a price in the mid-300 billion won range, about $236.9 million, with CEO Cho Seong-hwan buying a minority stake back.

Snetor signed a joint venture agreement with Coansa in San José, Costa Rica, on July 3, 2023, creating Coansa Snetor and providing for Snetor to acquire up to 51% of Coansa's plastics distribution business in Costa Rica, Guatemala and El Salvador.

Italian packaging group Goglio acquired Mega Embalagens, a Brazilian maker of flexible packaging for food, hygiene and pet food, in July 2023. Terms were not disclosed.

Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.

Sarantis Group completed on June 14, 2023 the acquisition of the 20% minority stake in Poland-based packaging maker Polipak sp. z o.o. for 22 million PLN via its subsidiary Sarantis Polska, giving it full ownership.

Tomypak Holdings Bhd, via its subsidiary Tomypak Flexible Packaging, proposed to acquire a 70% equity interest in flexible plastic packaging firm EB Packaging Sdn Bhd for RM73.5 million, with completion expected in Q4 2023.

SB Packagings and Constantia Flexibles have finalised their joint venture after CCI approval, under which SB Packagings acquires C-Flex India entities (Creative Polypack, Aparna Paper, Vibgyor, Parikh Flexibles) in a share swap, with Premji Invest as shareholder.

Constantia Flexibles and SB Packagings have finalised a joint venture, SB-Constantia Flexibles, to make sustainable food and hygiene packaging in India and South Asia, with investment from Premji Invest after Competition Commission of India approval. The JV operates nine plants.

ALPLA Group acquired the iTEC Packaging (Mansfield) business, a producer of closures mainly for dairy, in the UK. The takeover was contractually agreed on 26 May 2023 and the staff will be taken over in full. Terms were not disclosed.

Aliaxis, through its Finnish subsidiary Unari Holding Oy, announced on 22 May 2023 a voluntary all-cash public tender offer at EUR 25.75 per share for all Uponor shares. The offer is conditional on acceptance above 50 percent and is expected to complete in early Q4 2023.

TIPA Compostable Packaging acquired Bio4Pack, a European compostable packaging maker, on May 4, 2023. The deal adds paper packaging, trays and nets to TIPA's range and brings sales staff and warehousing in the Netherlands and Germany.

LyondellBasell agreed to acquire Veolia Belgium's 50% share in Quality Circular Polymers, becoming sole owner of the plastic recycling joint venture with facilities in Belgium and the Netherlands.

Biffa Polymers announced the acquisition of Esterpet Ltd, a PET plastic recycler with a facility near Leeds that converts 25,000 tonnes of plastic flakes a year into pellets. The deal extends Biffa's recycled PET capability.

Versalis, the chemicals unit of Eni, agreed to buy Novamont, a bioplastics and biochemicals company backed by NB Renaissance. No deal value was given in the article.

Alto Partners S.G.R. acquired a majority stake of about 71% in Lario Plast S.r.l., a maker of HDPE and PET bottles, through its Alto Capital V private equity fund. Proactiva Strategy M&A advised Lario Plast on the deal.

Plastopil's wholly owned subsidiary completed the purchase of Polishak, a MOPE film maker for flexible packaging based at Nir Yitzhak, for about NIS 22 million plus about NIS 9 million of acquired inventory. Polishak exports about 98% of output mainly to Europe and the US.

Sintex-BAPL transferred its two- and four-wheeler plastic-moulded automotive components business to Plastauto for Rs 110 crore under a business transfer agreement signed March 29, 2023.

Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.

ALPLA and Inden Pharma have formed a joint venture for pharmaceutical bottles, containers and closures made in clean rooms, combining five plants in Spain, Greece, Poland and Germany. The venture targets about 800 million packaging products in its first year.

Constantia Flexibles signed an agreement to acquire Drukpol Flexo, a Polish flexible packaging company with 183 employees and two sites near Warsaw. Terms were not disclosed and completion is expected in Q2 2023, subject to competition clearance.

In March 2023 SK Chemicals agreed a $100m asset transfer to acquire the chemically recycled BHET and PET business division of Chinese company Shuye.

Berry Global Group completed its acquisition of Canadian plastics maker Pro-Western Plastics Ltd. for $87 million in March 2023, according to a MarketScreener report published May 3, 2023.

Thai packaging company BGC Container Glass agreed to buy 100% of Prime Packaging, a Thai maker of flexible plastic packaging and film rolls, for 580 million baht funded by bank loans. The share purchase agreement was signed on 28 February 2023, and revenue is expected from Q2 2023.

TriMas Corporation bought 100% of Aarts Packaging, a Dutch maker of injection-moulded plastic packaging for beauty, luxury and food markets, from its shareholders. The article is dated 31 January 2023 and gives no deal value.

SB Packagings entered a joint venture with Constantia Flexibles, combining Constantia India's operations with SB Packagings to build a packaging platform across India and South Asia. Closure is subject to regulatory approvals and is expected by March end.

KTP Kunststoff Palettentechnik has acquired a majority stake in K2 PAK in Koper, Slovenia, a maker of plastic packaging and transport boxes. Private equity firm VR Equitypartner, a minority shareholder in KTP, supported the deal.

Borealis has acquired a majority stake of 50.01% in Renasci, a chemical recycling provider in Ostend, to secure access to chemically recycled feedstock. Borealis had held a 10% stake since July 2021.