ProAmpac has acquired Trinity Packaging, which operates manufacturing sites in Rocky Mount, Virginia and Buffalo, New York, with headquarters in Armonk, New York.
SWF Companies, a wholly-owned subsidiary of Dover Corporation, acquired Tisma Machinery Corporation of Elk Grove Village, Illinois, a maker of high-speed cartoning machinery.
The European Commission received notice on 7 April 2017 that WestRock will acquire sole control of Multi Packaging Solutions International through a share purchase. The commission is reviewing the deal as case M.8421.
Klöckner Pentaplast (KP) signed a binding agreement to acquire Linpac Senior Holdings for an undisclosed sum, creating a global rigid and flexible film producer with combined revenues above $2 billion, expected to close in summer 2017.
Toppan Printing and ITOCHU agreed a capital and business alliance to acquire a 10.7% stake in TPN Food Packaging, a Thai flexible packaging company set up by the TPN Group, targeting food and toiletry packaging.
Pretium Packaging announced the acquisition of Patrick Products Inc., a rigid blow-molded plastic container producer based in Leipsic, Ohio, serving janitorial, automotive and household chemical markets. The deal combines the two companies' North American footprints.
Europac Group bought two companies holding an integrated corrugated packaging plant in Lucena, Córdoba, Spain, at an enterprise value of €9.8 million. The plant had 2016 sales of €7.6 million and will operate as Europac Packaging Lucena, with a planned €10 million investment and 25 direct jobs.
Dunapack Packaging, through Mosburger GmbH, has closed the purchase of Eskisehir-based corrugated packaging plant ESK from Sisecam Group, which has an annual volume of about 160 million m2 (80,000 tons).
Goglio SpA and its subsidiary Goglio Cofibox SpA approved a merger by incorporation of Cofibox into Goglio, effective 31 December 2016, to rationalize management and achieve economies of scale in packaging.
BWAY Corporation completed the acquisition of the assets of Ball Corporation's metal packaging business in Hubbard, Ohio, which produces general line, household and specialty metal containers, announced on 27 March 2017.
Rondo Ganahl AG is taking full control of Walz Verpackungen in Langenenslingen, Germany, a specialist in special packaging solutions with about 100 employees and turnover of €22 million. Bernd Walz remains CEO. The deal value was not disclosed.
Beverage Can Makers Europe (BCME) and European Metal Packaging (Empac) merged into a new entity, Metal Packaging Europe, based in Brussels. The combined company will produce about 85 billion cans a year at more than 450 sites.
Liberty Diversified International added to its packaging portfolio by acquiring a Midwest corrugated carton and display manufacturer based in Illinois. Financial terms were not disclosed.
Leicester-based CPS Flexible and Kirkby in Ashfield-based Mercury Packaging merged under a holding company, Quicksilver, creating a £16m flexible packaging group that will keep both brands. The deal was reported on 5 March 2017.
Henkel made a binding offer to acquire GCP Applied Technologies' Darex Packaging Technologies business for about $1.05 billion, subject to works council consultation and valid until July 3, 2017.
Wisconsin-based Vonco Products LLC acquired Genesis Plastics Welding of Fortville, Indiana, merging the two firms' contract manufacturing and plastic packaging capabilities.
Bain Capital is buying Belgian PET preform specialist Resilux, alongside its acquisition of Petainer, with the businesses possibly being combined.
Private investment firm Bain Capital, through its Europe fund, is acquiring UK packaging company Petainer, a deal that runs alongside its purchase of Belgian preform maker Resilux and may see the businesses combined.
Australia's Orora agreed to acquire The Garvey Group of Niles, Illinois and Graphic Tech of Fullerton, California for a total of $54 million. Completion is expected by the end of March 2017; the announcement is dated 2017-02-24.
Tecnocap has acquired aluminum aerosol can and tube maker Tubettificio Europeo in Lecco, Italy, renaming it Tecnocap TL, with projected group turnover of EUR 200 million. The deal was finalized on 16 February 2017 and announced on 29 March 2017.
Sonoco signed a definitive agreement to acquire Peninsula Packaging Company, a thermoformed fresh-produce packaging maker in Exeter, California, for about $230 million in cash. The deal is expected to close by Q2 2017.
Smurfit Kappa agreed to purchase Litbag, a Portuguese maker of multi-layer EVOH barrier films and a leader in the Portuguese wine packaging market, to strengthen its position in Southern Europe. Terms were not disclosed. The announcement was made on February 14, 2017.
Pacman-CCL, a joint venture of CCL Industries and Albwardy Investment, is set to acquire a 70% stake in Super Label, an Indian pressure-sensitive label maker, for $3.75 million.
RPC Group has acquired Letica Corp., which makes injection-molded and thermoformed containers, packaging and paper products for end markets including food service. The deal value is not stated in this article.
Dutch packaging company Mauser Group agreed to be acquired by BWAY Corp., backed by Stone Canyon Industries, in an all-cash deal of $2.3 billion. The sale followed a planned U.S. IPO that was pulled.
Stone Canyon Industries signed a definitive agreement to buy Mauser Group N.V., a rigid industrial packaging maker, from Clayton, Dubilier & Rice in an all-cash deal valued at $2.3 billion. Mauser has 4,500 employees and 111 manufacturing facilities across 18 countries.
Mondi Group bought UK-based Excelsior Technologies from funds managed by Endless and minority shareholders for a total consideration of GBP 33 million on a debt and cash-free basis. Excelsior operates plants in Deeside and Nelson and makes flexible food packaging.
Henkel opened exclusive negotiations with GCP Applied Technologies to acquire Darex Packaging Technologies, a Cambridge, Massachusetts maker of sealants and coatings for metal packaging, for USD 1.05 billion in cash. Darex has about 700 employees at 20 sites.
The Wise private equity fund acquired Tapì Group, an Italian maker of design closures for the packaging industry, under an investment plan to expand internationally and boost R&D. The group has factories in Italy, Mexico and Argentina and turns over about 40 million euros.
KapStone Paper and Packaging Corporation completed the acquisition of assets of Associated Packaging, Inc. from Scott Dorris and Brad Dorris on February 1, 2017. No purchase price was given in the article.
Berry Plastics has completed its acquisition of AEP Industries, expanding its product offerings and production capacity in its Engineered Materials Division. Berry issued 6.5 million shares and paid $297m in cash, and eliminated $164m of AEP's debt.
Cleveland Steel Container Corporation acquired privately held U.S. Coexcell, Inc. of Maumee, Ohio, a maker of multi-layer plastic drum packaging, in a transaction for which P&M Corporate Finance was exclusive financial advisor.
PTT Global Chemical's subsidiary Solution Creation Company agreed a joint venture with SP Petpack, taking a 25% share in SP Petpack Inter Group (Thai) for about Bt50 million to build a packaging factory in Myanmar.
US packaging company WestRock will buy Multi Packaging Solutions International for about $1.39 billion to expand its spirits, confectionery and cosmetics packaging portfolio. The report was published on January 24, 2017.
WestRock agreed to acquire all outstanding shares of Multi Packaging Solutions (MPS) for $18.00 per share in cash plus about $873 million of net debt, a total enterprise value of $2.28 billion. The deal was announced on January 24, 2017.
Funding company Actera Group acquired a majority stake in Korozo, a Turkish packaging firm with nine factories in Istanbul and Izmir, according to media reports. The deal awaits Competition Authority approval.
Silgan Holdings agreed to buy WestRock's specialty closures and dispensing business for about $1 billion, a purchase that includes 13 plants.
Uhlmann Pac-Systeme & Co has acquired a controlling interest in Cremer Speciaalmachines, a Lisse-based maker of pharmaceutical product counting machines with about 140 employees, effective 1 January 2017.
ProMach acquired Canadian-based Jalbert Automation, a long-term supplier for NJM Packaging that specializes in automated production solutions for pharmaceutical, cosmetic, food processing, and chemical industries. Jalbert developed the patented beltorque inline capping technology.
Engineering firm Amitec acquired a 100% stake in Formeca, a Finnish packaging machinery producer, from Stora Enso.
Japanese RFID company SATO Holdings acquired the remaining 66.7% stake in UK-based inline digital printing company DataLase, which makes laser coding and marking materials for packaging.
Oji Holdings reached an agreement with JK Paper to acquire an additional 20% stake in Oji JK Packaging, a corrugated container maker in India that is a joint venture of JK Paper, Oji and Marubeni.
Belgian packaging group VPK has fully acquired SolidPack, a Loenen-based Dutch maker of solid board packaging with revenues of about EUR 50 million and 175 employees, integrating it into its Smart Packaging Solutions unit.
Austrian plastic packaging group ALPLA has acquired Star East Pet, a Brasov, Romania producer of PET preforms, in a deal signed earlier in 2017 with undisclosed value and expected to complete mid-2017.
Spanish packaging group Saica agreed to acquire 100% of Dutch flexible packaging companies Schut, Hellema and Lemapack from Flexible Packaging Holding. The businesses employ about 100 people and had combined 2015 turnover of EUR 53.1 million.
New-Indy JV Corp., a joint venture of the Kraft Group and Schwarz Partners, acquired triPAQ, which makes custom corrugated packaging at plants in Cerritos, Santa Ana and Mexicali. 555 Capital Advisors was the exclusive financial advisor on the deal.
Canadian packaging company CCL Industries agreed to acquire Innovia Group from private equity investors led by The Smithfield Group in a deal worth CA$1.13 billion ($840 million), announced December 2016.
CCL Industries has agreed to acquire the Innovia Group, a producer of BOPP films, from a UK consortium managed by The Smithfield Group for about $1.13 billion, debt free. Closing is expected by the end of Q1 2017.
Dutch private equity firm Egeria has completed its acquisition of Clondalkin Flexible Packaging from an affiliate of Warburg Pincus. Clondalkin has turnover of about EUR 350 million and is headquartered in Amsterdam.
Munich-based industrial holding Armira acquired PolyCine GmbH, a supplier of non-PVC PP films and tubes for pharmaceutical IV and blood bags with headquarters in Schiffweiler, Germany. MP Corporate Finance advised the founders on the succession sale.