JK Paper agreed to acquire 85% stakes in Horizon Packs and Securipax Packaging, India's corrugated packaging manufacturers with seven plants, for about Rs 578 crore in phases. The remaining 15% will be acquired within three years.
Sheen Legend Packaging received a C$2.5 million investment through the Jobs and Growth Fund for a new Cobourg, Ontario facility producing biodegradable plant-based packaging materials. The project will raise production capacity by 50%.
Vetropack is investing over CHF 400 million in a new high-tech glass plant in Boffalora sopra Ticino near Milan, replacing its Trezzano sul Naviglio site. Production is expected to start in the second quarter of 2023 with about 70 per cent more capacity.
The UK Ministry of Defence awarded Austin Hayes Group the DGM/1958 General Munitions Packaging Support Solution contract, valued at £44,978,000 over four years. The award was made on 17-18 November 2022 and published on 1 December 2022.
Megaplast plans further investments of EUR 40 million by 2026, including EUR 9 million for the Thebes plant and EUR 5.5 million for its Heraklion, Crete facilities, funded partly by the Recovery Fund.
Megaplast inaugurated a new flexible packaging production plant in Thebes on 18 November 2022. The 72,000 m2 site has 9,100 m2 of covered space and is expected to employ 70 people, with five production lines planned at full build-out.
Tempo Flexible Packaging will receive C$3.5 million from FedDev Ontario's Business Scale-up and Productivity stream to expand its facility by 10,000 sq ft and increase production of recyclable food packaging.
TricorBraun acquired Merlot Packaging, a Vancouver maker and distributor of injection-moulded rigid closures, to expand in Canada. Financial terms were not disclosed.
H.O.Persiehl acquired WB Verpackungen, a Bremen packaging maker with about 90 staff that supplies multipacks to breweries and folding cartons to food makers, effective retroactively from 1 January 2022.
Brazil's Packem and India's Umasree Texplast are partnering on a new plant near Ahmedabad that will make 100% sustainable rPET FIBC/jumbo bags and is expected to create about 700 jobs.
Smurfit Kappa signed an agreement to acquire Pusa Pack, a Valencian maker of 200 to 1,500 litre flexible bulk bags, to join its Bag-in-Box operations in Spain. No price was disclosed.
Polish dairy producer OSM Łowicz became the first in Poland and the world's first in the cooking cream category to use SIG's combibloc ECO PLUS aluminium-free packaging, including 500 ml combiblocMidi and Slimline packs.
Sappi will invest about $418 million to convert the No. 2 paper machine at its Somerset Mill in Skowhegan, Maine to produce solid bleached sulphate board, nearly doubling machine capacity to 470,000 tons per year by early 2025.
Greiner Packaging UK & Ireland announced new investments totalling over £10 million at its Dungannon, Northern Ireland site for new machinery, a new manufacturing hall and warehouse expansion, celebrating its 50th anniversary.
Mondi has signed a collaboration to supply Modivo, a European online fashion retailer, with paper-based MailerBags and corrugated boxes replacing rigid plastic packaging across its shoes, bags and clothing range.
SIG will secure physical power purchase agreements with energy supplier Enovos to power 100% of its German carton packaging production with renewable electricity from January 2023.
WestRock agreed to sell its uncoated recycled paperboard mills in Eaton, Indiana, and Aurora, Illinois, to Ox Industries for $50 million, with closing expected in late 2022 or early 2023.
Greif agreed to buy Lee Container Corporation, a North American blow-molded jerrycan maker with three US plants, for $300 million in cash. Closing is expected by the end of 2022, subject to regulatory clearances.
Mondi approved a €400 million investment in a new paper machine at its Štětí mill in the Czech Republic, producing about 210,000 tonnes per year of sack kraft paper for its Paper Bags business. Start-up is expected in 2025.
Sonoco agreed to buy WestRock's remaining equity in the RTS Packaging joint venture, plus a WestRock paper mill in Chattanooga, Tennessee, for $330 million in cash. About 1,100 employees will join Sonoco; closing is expected in the first half of 2023.
Fashion e-retailer MODIVO has chosen Mondi as its exclusive packaging provider. Mondi will supply paper-based MailerBAGs and corrugated solutions for shipping shoes, bags and clothing.
Boxshop Ltd is investing in an HQPP converting line built around a BOBST EXPERTFLEX six-colour printer, to be installed in March 2023 to serve customers across Scotland. The article gives no monetary value.
Logson Group will build a new sheet feeding facility for Board24 at the Euro-Central business park in Motherwell, Scotland, with a new BHS Corrugated line and material handling system. Completion is expected in December 2023.
Mondi has been appointed exclusive packaging provider for MODIVO, a large European fashion e-retailer, switching its shoe, bag and clothing shipments to Mondi paper-based packaging such as MailerBAGs. The date given is 6 November 2022.
Monterrey-based packaging maker Form won a contract to supply Tesla with a three-layer protective packaging for Model S and Model X fascias. The article does not give a contract value or signing date.
Germany-based The Palm Group acquired family-owned corrugated board maker Orsini Imballaggi, with effect from September 2022. The plant southeast of Milan adds to Palm's production capacity in Italy.
French container maker Verallia acquired UK glass packaging manufacturer Allied Glass. The article gives the deal value as GBP 315 million in the body, while its headline says GBP 350 million.
Flex Américas CEO Om Prakash Mishra announced a second stage of expansion in Altamira, with a planned $300 million complex to be built in 2024-2025 on a site still being sought. The total investment through 2025 is above $500 million.
Flex Américas laid the first stone of a new BoPET film plant in Altamira, Tamaulipas, as the first stage of a $200 million expansion for construction in 2022-2023. The company says the expansion will create about 1,000 jobs.
Flex Américas opened a BoPET film recycling plant at its Altamira industrial complex in Tamaulipas, Mexico, with state government officials present. The project was completed a few weeks before the November 3, 2022 ceremony.
Visy plans a new A$150 million corrugated box factory at Hemmant in Queensland to support the state's agricultural sector. The plan was announced on November 3, 2022.
American Canning signed a supply agreement with Ball Corp. as an official distributor of blank and printed aluminum beverage cans, giving it steadier supply and lower minimum order quantities for printed cans. The agreement was announced on November 2, 2022.
Austin, Texas-based American Canning signed a supply agreement with Ball Corp as an official distributor of blank and printed brite cans. The deal lowers the printed can minimum order to one truckload per SKU.
Constantia Flexibles is investing more than EUR 80 million to expand its Constantia Teich plant in Weinburg, Austria, raising aluminium foil capacity to 90,000 tonnes a year, about 30% more, and making it the largest European aluminium foil producer.
Mondi is expanding its Mszczonów plant near Warsaw, adding new machinery and automation to more than double production capacity to 320 million square metres per year by 2023.
Kruger Packaging completed construction of its $114 million automated corrugated packaging plant in Elizabethtown, Kentucky, which is starting up and is expected to create nearly 150 jobs.
Wildpack Beverage entered a long-term packaging supply and manufacturing agreement with EHPlabs, committing to 30 million units in 2023 and 40 million in 2024 from its Las Vegas facility; EHPlabs CEO also takes a private placement stake and a board seat.
Scotia Investments and CKF Inc. agreed to acquire Canadian thermoformed rPET packaging maker Packright Manufacturing, which becomes a wholly owned CKF subsidiary.
Sealed Air (NYSE: SEE) signed a definitive agreement to acquire Liquibox, a manufacturer of Bag-in-Box sustainable packaging and dispensing solutions, for $1.15 billion on a cash-free, debt-free basis. Liquibox had estimated 2022 revenue of $362 million.
Izhar Basha, founder and CEO of EHPlabs, agreed to make a US$1.0 million private placement into Wildpack Beverage and join its board, subject to TSXV and corporate approvals.
Wildpack Beverage entered a two-year packaging supply and manufacturing agreement with EHPlabs to produce its OxyShred product for US distribution, with about 7 million, 30 million and 40 million cans expected in 2022, 2023 and 2024.
Van Genechten Packaging completed a 50:50 joint venture with UK-based CartonCare Group, which has three packaging companies with three locations in the UK and combined annual turnover of about EUR 30 million.
Weiss-Packaging invested in a new packaging printing facility in Simmerath, Germany, with the printing machine still being installed and production expected to start shortly.
Visy plans a glass packaging facility at its Yatala site in Queensland, Australia, able to produce up to 1 billion glass bottles and jars a year with 70% recycled content. The value is stated as $500m, with currency inferred as AUD.
Cardbox Packaging is investing over €14 million in its Wolfsberg site in Austria, adding premises, a new Heidelberg printing line, die-cutting machines and an off-line barrier coating line, with operations starting in Q4 2022.
Constantia Flexibles is investing over €80 million at its Teich factory in Austria to build a new rolling mill and lacquering line, raising aluminum foil output to 90,000 tons per year.
Delhi Milk Scheme awarded Rainbow Packaging Pvt Ltd a tender to manufacture, print and supply 262 MT of three-layer co-extruded pigmented polythene film, with a contract value of ₹4.88 crore and a 365-day period of work.
Poste Italiane awarded lot 2 of a framework agreement for cardboard pallets to REDBOX SRL for EUR 3,520,000. The stipula date was 22 September 2022.
Poste Italiane awarded lot 1 of a framework agreement for 1,100,000 cardboard pallets to Ondapack Sud Spa for EUR 5,148,000. The stipula date was 7 October 2022.
IndianOil's Marketing HO awarded a tender for 3-ply cartons to pack grease at its Vashi Grease Plant in Maharashtra to Progressive Corrugated Fiberboard Pvt Ltd, with contract value of ₹93.2 lakh over 730 days.