Clearwater Paper acquired Manchester Industries, a paperboard sales, sheeting and distribution supplier with five facilities in the US, from PaperWorks Industries for $68.25 million in cash. The deal was announced on 16 December 2016.
New-Indy JV Corp. has agreed to acquire triPAQ, Inc., a family-owned corrugated packaging company with plants in Santa Ana and Cerritos, California, and in Mexicali and Tijuana, Mexico. Terms were not disclosed.
Chicago private equity firm Wind Point Partners has acquired Paragon Films, a manufacturer of cast stretch films headquartered in Broken Arrow, Oklahoma, which operates three plants in Oklahoma, North Carolina and Washington state. Terms were not disclosed.
Stone Canyon Industries, via its BWAY Corp unit, is in exclusive talks to buy industrial packaging company Mauser Group from Clayton Dubilier & Rice for more than $2 billion, though no deal is certain.
Can-Pack SA completed the acquisition of its first beverage can plant in South America from steelmaker Cia Siderurgica Nacional (CSN), the Metalic plant in Brazil.
AEA Investors LP has acquired TricorBraun Holdings, Inc., a North American distributor of glass and plastic rigid packaging, from CHS Capital. The deal value was not disclosed.
Packaging Corporation of America completed its cash-free, debt-free acquisition of Columbus Container, Inc., an independent corrugated products producer, for $100 million funded from cash on hand.
The Carlyle Group agreed to buy Hartsville, South Carolina-based packaging company Novolex from Wind Point Partners and TPG Growth. No financial terms were disclosed and closing is expected before year end.
Envelope maker Supremex agreed to acquire Montreal-based corrugator Durabox Paper, which runs a 50-person corrugated box plant in Lachine, Quebec; the price was not disclosed, announced November 28, 2016.
Wellspring Capital Management has sold its 100% stake in flexible packaging company ProAmpac to Pritzker Group Private Capital. Financial terms were not disclosed.
AfricInvest sold its 40% stake in Algerian cardboard packaging maker Général Emballage to UK private equity funds and DEG, and buyers also bought 9% from the Batouche family. The total 49% stake was valued at USD 55 million.
Kettering-based VP Packaging has acquired Rotherham-based bubble film company Envelopemaster for an undisclosed fee. The companies say the deal will secure jobs in Kettering and Rotherham.
Quadpack Industries and UK packaging provider Collcap Group merged to become a leading European maker and supplier of packaging for the beauty industry, retaining the Quadpack name. Collcap's Leek office becomes the centre of UK operations while Quadpack's Barcelona office stays as global headquarters.
Schur Flexibles Group will acquire a majority of shares in Dutch packaging printer Drukkerij Zwart, expanding its portfolio to 13 companies with 13 production locations. Financial terms were not disclosed and the deal is subject to cartel authority approval.
Collcap Group is set to merge with Spanish packaging manufacturer Quadpack Industries. Quadpack will retain its brand name and Collcap's office in Leek, UK.
Integrity Print has acquired Cardiff-based label maker Alliance Labels for an undisclosed fee. The deal was reported on 2016-11-16.
Burrows Paper Corp. agreed to sell its packaging division to Novolex of Charlotte, North Carolina, in a deal expected to close later in 2016. Terms were not disclosed.
IPL Inc. acquired Encore Industries Inc., a producer of rigid plastic packaging with three US facilities in Ohio, Georgia and Minnesota, for US$35 million. The deal was made with parent One51 and partners Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ.
Smurfit Kappa UK, a subsidiary of Smurfit Kappa Group, agreed to acquire Saxon Packaging, a UK company that converts board into corrugated boxes and fitments. Financial terms were not disclosed.
Berlin Packaging has completed its acquisition of Bruni Glass, an Italy-based maker of premium glass packaging with plants in Italy, France, Spain, China, Canada and the United States. The definitive agreement had been announced on October 11, 2016.
UK creative services firm Key Production acquired Brighton-based packaging specialist Modo for an undisclosed fee. The deal extends Key Production's reach into the South of England, with no redundancies expected.
Sonoco has acquired Plastic Packaging Inc., a privately held Hickory, North Carolina flexible packaging maker with about $42 million in expected 2016 sales and roughly 170 employees. The deal adds short-run flexible packaging capabilities in the southeast US.
Smurfit Kappa UK announced its acquisition of Saxon Packaging, an independent converter of board into corrugated boxes based in Lowestoft, Norfolk, serving customers in Suffolk, East Anglia and the Home Counties.
Plastipak Packaging completed the acquisition of the business assets of Evolve Polymers Ltd. from Aurelius at its Hemswell Cliff site in the UK, which can process 6 to 9 billion PET bottles a year. The business began operating immediately under Plastipak's ownership.
CVC Capital Partners announced that funds it advises have agreed to acquire Anchor Glass Container Corporation, a Tampa-based US glass container producer, in partnership with BA Glass.
A joint venture of CVC Capital Partners and BA Glass agreed in November 2016 to acquire Tampa, Florida-based glass container maker Anchor Glass Container from KPS Capital Partners and AlpInvest Partners for more than US$1 billion in cash.
Amcor agreed to acquire Hebei Qite Packing, a Chinese flexible packaging company, for RMB 185 million (about USD 28 million). The deal is expected to expand Amcor's flexible packaging business in Asia.
Amcor Rigid Plastics completed its acquisition of Sonoco's Global Plastics blow molding business in North America, adding seven plants in the U.S. and Canada and about 850 employees. Terms were not disclosed.
DS Smith Plc has completed the acquisition of Gopaca, a well-invested corrugated producer located near Porto, Portugal, with about 135 employees.
TC Transcontinental acquired all shares of Flexstar Packaging, a Richmond, British Columbia flexible packaging converter with over 120 employees and about C$36 million in revenue. The deal was announced on October 17, 2016.
Private equity firm Warburg Pincus sold Clondalkin Flexible Packaging Group to Egeria; the deal closed in December 2016 and its value was undisclosed.
TC Transcontinental acquired Robbie Manufacturing, a flexible packaging supplier in Lenexa, Kansas with over 175 employees, announced on June 30, 2016. Deal value was not disclosed.
Rondo-Pak, part of Körber's Medipak Systems network, merged its North American operations with Contemporary Graphics Solutions in a joint venture that took effect on 1 January 2016. The combined business makes pharmaceutical folding cartons and marketing printing.
Australian packaging firm Amcor agreed to acquire South American flexible packaging maker Alusa for $435m, covering four plants in Chile, Peru, Argentina and Colombia.