Klingele Embalajes Canarias S.A was awarded a EUR 7,061 contract by Gestion de Medio Rural de Canarias for single-use corrugated cardboard boxes, with the award dated 2023-11-29.
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.
Dai Nippon Printing (DNP) will invest $233 million to build its first US advanced manufacturing facility in Linwood, Davidson County, North Carolina, to make lithium-ion battery pouches for EVs and create 352 jobs.
Meat processor MAP WA invested $35 million at its Bibra Lake facility in Western Australia, including $10 million construction and $25 million robotics and equipment, doubling capacity to 400,000 kg per week and adding Multivac thermoforming packaging technology.
Mauser Packaging Solutions signed a definitive agreement to acquire Taenza, S.A. de C.V., a Mexico City-based maker of tin-steel aerosol cans and steel pails with five Mexican plants and over 850 employees. Completion is expected by April 2024, subject to regulatory clearances.
France-based Autajon Group acquired Simply Cartons, a folding carton maker with three sites in Nottingham, UK. The company will be renamed Autajon Packaging Simply Cartons, and its management team stays in place.
Tess Agro PLC launched Agro Tin Tech, a can manufacturing plant at its factory in Kelaniya with capacity of 80,000 cans per day. The initial machinery and equipment investment is Rs. 79.2 million.
Metsä Board has completed the project adding 200,000 tons of annual folding boxboard capacity at its Husum mill in Sweden, raising output to 600,000 tons; full capacity is expected by end-2025.
Smurfit Kappa is establishing its first South Carolina operation in Anderson County with a $68 million investment that will create 200 jobs. The company expects to acquire a 259,000-square-foot facility at 1105 Scotts Bridge Road.
ALPLA plans to expand its Tangier plant in Morocco by adding about 20,000 m² of operational space over the coming years.
Japanese paper and packaging manufacturer Rengo acquired a 30% interest in Indian corrugated packaging manufacturer Velvin Containers, which will be renamed Velvin Rengo Containers. Financial terms were not disclosed. Velvin is developing a corrugated plant near Chennai.
Velvin Group and Japan's Rengo formed a joint venture for an upcoming corrugation unit in Cheyyar, Tamil Nadu, with Rengo taking a 30% equity stake. Velvin Containers will be renamed Velvin Rengo Containers Private Limited.
AkzoNobel announced a €32 million investment to build a metal packaging coatings factory in Vilafranca del Penedès, Barcelona, creating 40 jobs. Operations are scheduled to begin by mid-2025, and the cornerstone has been laid.
Tetra Pak laid the foundation stone for a 750 million peso expansion and modernization of its Mexicali plant, which makes carton package caps and will increase capacity by 40%. The new phase is expected to start operating in April 2024 and create 145 direct jobs.
Opal Fibre Packaging, a Nippon Paper Group member, has officially opened its corrugated cardboard packaging facility in Wodonga, Victoria, Australia, established with a AUD 140 million investment. The site can produce up to 720,000 square meters of packaging per day.
Miller Valentine Construction has begun a major expansion of Huhtamaki's folding carton plant in Paris, Texas, which will triple the 150,000-square-foot facility to 438,000 square feet. The project started in early November 2023.
RHIEM Packaging & Print has invested almost EUR 2 million in new die-cutting machines at its Voerde site in Germany, raising production capacity by almost a third. The systems are now in production.
Masterpress has hired Erwann Paugam, an expert in the shrink sleeve industry, as its new Sales Director to strengthen its presence in Europe.
Masterpress has added two new sleeve printing machines at its Bialystok facility in Poland, increasing output by about 16 million square meters annually and lifting capacity by nearly 40%. The expansion serves customers in France, the DACH region and the Benelux countries.
The Panther Group is building new halls and production lines at its Altonaer Wellpappenfabrik plant in Tornesch near Hamburg to expand production of folding box adhesive products. The project began in early 2023, a second folding box gluer is due in summer 2024, and the project is scheduled for completion in August.
Shenzhen Jinjia Group is the first-ranked candidate in a public tender by Hunan China Tobacco Industrial for packaging paper for Furong Wang cigarette box strips, covering November 2023 to June 2024. The total bid price is CNY 8,897,614.13 including tax. The bid opened on 7 November 2023 and the candidate list was published on 14 November 2023.
BA Glass acquired a 60% equity stake in Mexican glass packaging producer Vidrio Formas, which has two Mexican plants and will be renamed BA Glass México; the price was undisclosed.
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.
Anqing Fangrun Packaging Co. published a notice awarding a corrugated board purchase contract to a Huaining company for CNY 10.08 million. The notice is dated 2023-11-10.
Unicorr Packaging Group announced the acquisition of Pennsylvania-based TriState Container Corporation, a corrugated packaging maker with three Philadelphia-area facilities. TriState will operate as a subsidiary of Unicorr.
Bonet Madeiras e Papéis announced the start of activities at a R$15 million vertically integrated plant in Caçador, Santa Catarina, for biodegradable packaging and cups. The company expects its revenue to triple next year.
Amcor signed a memorandum of understanding with NOVA Chemicals to purchase mechanically recycled polyethylene resin for flexible packaging films. The resin will come from NOVA's Connersville, Indiana recycling facility, projected to start operating as early as 2025.
Altamont Capital Partners' portfolio company Specialized Packaging Group closed its acquisition of Complete Packaging on November 7, 2023, adding about 90 employees; Complete operates in Detroit and Monroe, Michigan.
eBottles announced a partnership with the GearNeed design team behind Pollen Gear to develop child-resistant cannabis packaging and offer custom design services. GearNeed will advise on proprietary packaging and on branding for existing product lines.
Conner Industries, a provider of lumber, industrial wood crates and pallets, acquired Denver Reel & Pallet Company, a custom wooden crate and pallet business in Denver, Colorado.
CORE Industrial Partners has announced a new investment in Century Box, a Methuen, Massachusetts-based maker of folding cartons for store-brand food and consumer products.
Opal Group opened stage one of its A$140 million corrugated cardboard packaging facility at the Logic Wodonga industrial estate in Barnawartha, Victoria, in November 2023, creating 432 jobs, with stage two planned to add capacity.
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.
Pratt Industries is building a 496,000-square-foot production facility in Warner Robins, Georgia, its 13th site in the state, opening in 2024. The company's total investment in Georgia will exceed $800 million.
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.
American Packaging Corporation opened its flexible packaging Center of Excellence in Cedar City, Utah, in August 2023. The project had an estimated investment of $100m, was announced in July 2021, and is expected to create more than 135 jobs.
SCG Packaging completed a 100% stake acquisition of UK packaging firm Law Print & Packaging for GBP 10.68 million and an 85% stake in Italian medical supply firm Bicappa Lab for EUR 3.23 million.
Vetropack inaugurated its new high-tech glass container plant in Boffalora sopra Ticino, Milan province, after an investment of over CHF 400 million. The site is expected to raise production by 70%.
VPK Group reached an agreement to acquire a minority share in Ribble, a UK corrugated cardboard company specialising in fanfold based in Oldham, Lancashire. The deal supports VPK's vertically integrated packaging model across Europe.
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.
IVE Group signed a binding agreement to acquire 100% of Melbourne packaging group JacPak for a total consideration of $35 million. The deal enters the short to medium run folding cartons segment and is scheduled to complete on 31 October 2023.
PAC Worldwide moved operations from Pedro Escobedo into a new 83,000 square-foot flexible packaging plant in San Juan del Rio, about two hours north of Mexico City. The plant is expected to produce over 700,000 bags daily at full capacity.
Paboco plans to set up a new state-of-the-art manufacturing site and development center in Denmark, with series production of recyclable paper bottles scheduled to start at the end of 2024. The company currently has 18 employees.
ALPLA is taking over all of Billerud's shares in Paboco, the Danish joint venture making fully recyclable paper bottles, and becomes majority shareholder to scale up manufacturing. The article is dated 24 October 2023.
Cameroon's state cotton company SODECOTON awarded MIT CHIMIE, of Douala, a supply contract for ten million 26-gram PET preforms worth 489,999,443 FCFA, under a decision dated October 23, 2023.
ITC Packaging and Erum Group created the joint venture ITC-Erum to improve their international presence and widen their product portfolio and commercial catalogue. The article is dated 23 October 2023 and gives no deal value or location.
Colep Packaging and the Envases Group signed a joint venture agreement, based on a 50/50 shareholding, to build an aerosol packaging plant in Mexico. The total initial investment is more than $30 million over two years.
Colep Packaging and Envases Group signed a 50/50 joint venture to build an aerosol packaging plant in Mexico with a total initial investment of more than $30 million over two years. The first stage will use three aluminium aerosol lines.
Colep Packaging and Envases Group signed a joint venture agreement to build an aerosol packaging plant in Mexico, initially with three aluminium aerosol lines serving Mexico and Central America. The announcement is dated 23 October 2023.
Spanish packaging group Saica ordered six ChromaCUT X Pro and Chroma High Tech corrugated board-processing machines from Koenig & Bauer Celmacch for six European sites, with lines going into production from summer 2024.