Treffpack Beteiligungsgesellschaft and Industrial Packaging Group are merging their packaging wholesale businesses into Packaging Alliance Europe SA, held equally by both, covering Germany, Belgium, Luxembourg, the UK, the Nordics, the Netherlands and France. The merger is expected to close later in 2022.
Kamakshi Südpack inaugurated a flexible packaging manufacturing plant at Bavla near Ahmedabad, India, with a Rs 200 crore investment and 24,000 MTPA installed capacity. The plant is expected to be fully operational by January 2023.
Hood Container Corporation, a subsidiary of Hood Companies, acquired Kentwood Packaging Corporation, a Grand Rapids-area packaging company, with PMCF acting as exclusive financial advisor to the seller.
Greiner Packaging announced a £10 million expansion programme at its Dungannon, Northern Ireland plastics packaging site as part of a goal to reach £100m annual turnover within three years.
Atlas Holdings completed the acquisition of Crown Paper Group, including Port Townsend Paper Corporation and Crown Corrugated Company, an integrated mill and containerboard operation in Washington and Western Canada. Terms were not disclosed.
Diageo will invest GBP 16 million at its Runcorn, England site to significantly upgrade the bottling line and expand warehousing capacity.
Diageo has begun work on a GBP 24.5 million expansion of its Belfast, Northern Ireland packaging site, converting warehouses into a canning line capable of 72,000 cans per hour, expected to be fully operational in 2023.
Mold-Tek Packaging plans a co-located plant in Panipat to serve Birla Paints, estimated at Rs30 crore and due operational by end-2023, with IML container production planned for northern India.
Mold-Tek Packaging received a Letter of Award from Grasim Industries' Birla Paints division to supply packing material pails.
Cullen Eco-Friendly Packaging is investing £15m in a new innovation and design hub and an additional factory at its expanded Glasgow site. The expansion will create more than 120 jobs and double output to over one billion pieces per year.
Canpack will invest R$710 million to build an aluminum can plant in Poços de Caldas, Minas Gerais, with capacity of 1.3 billion units per year. Construction is expected to start at the end of 2022 and finish by Q1 2024.
IndianOil awarded a tender for procurement of 2-ply laminates for filling and packing 2T Supreme pouches to Kris Flexipacks, with a contract value of ₹2.38 Cr for a 182-day work period.
ORBIS Corporation broke ground on an expansion of its Urbana, Ohio manufacturing plant, adding 30% more space and more presses and tools for reusable totes, bulk containers and pallets. The expansion targets completion in Q2 2023 and plans 40-50 additional jobs over three years.
Novvia Group, backed by Kelso & Company, acquired Rios Containers, a Santa Fe Springs, California distributor of plastic and metal bottles, cans and drums. Financial terms were not disclosed.
Pratt Industries opened a new advanced corrugated box manufacturing plant in Park City, Kansas, a $200 million investment creating 58 new jobs in Sedgwick County, with about 300 full-time jobs cited for the facility.
The Mayr-Melnhof Group completed its acquisition of Essentra Packaging, agreed in June 2022, covering ESNT Packaging & Securing Solutions (UK) and Essentra Packaging US. Essentra has 21 plants in 10 countries and about 3,500 employees, with 2021 sales of around EUR 410 million.
Lamipak is investing over $400 million to expand its Kunshan, China facility with an R&D centre and automated warehouse, raising site capacity from 12 billion to 39 billion packs per year, with commissioning expected by April 2023.
Mayr-Melnhof Karton AG completed its acquisition of Essentra Packaging, including 100% of ESNT Packaging & Securing Solutions Limited and Essentra Packaging US Inc, adding 21 manufacturing sites in 10 countries and about 3,500 employees.
Visy began operations at its $25 million glass beneficiation plant in Gawler, South Australia, announced in October 2022. The plant will recycle 150,000 tonnes of post-consumer glass each year.
Belgium-based Van Genechten Packaging signed a joint venture with UK packaging group CartonCare in October 2022, expanding its premium packaging business with three UK sites. Van Genechten forecasts 2022 turnover of €400 million.
Walki Group completed the acquisition of 100% of the shares of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers serving Nordic food brands. Combined 2021 sales were about EUR 40 million; the price was not disclosed.
Sonoco has announced the acquisition of Skjern Paper, a Denmark-based recycled paperboard manufacturer with annual capacity of 75,000 metric tons, for $88 million, with completion expected in Q4 2022.
DTE Group has agreed to purchase Dansk Eksport Emballage ApS, located in Føvling near Vejen, which has about 50 million DKK turnover and about 40 employees, and will become a department of Dansk Træemballage.
Dansk Træemballage has agreed to acquire AB Karl Hedin Emballage, a Swedish wood packaging maker with 10 production sites in Sweden and one in Estonia, with closing on 9 May 2025.
Aven Rabbalshede AB, a Swedish wooden packaging maker and subsidiary of Dansk Træemballage, is acquiring Pall & Träkonstruktioner AB, with completion scheduled for 21 October 2026.
Tipack Group was named bid winner for COFCO Joyome's centralized procurement project for production auxiliary materials such as pallets. The bid was opened on 2022-09-06 and awarded after evaluation and approval by Joyome.
Ellerhold AG is building a new 12,000 m² cardboard factory at its headquarters in Radebeul, Germany, with about EUR 20 million invested in the building and machinery. Completion is expected by end of 2022, and the plant will shift the company's focus toward packaging production.
Owens-Illinois announced an R$300 million investment to expand its glass bottle factory in Vitoria de Santo Antao, Pernambuco, Brazil, creating 100 new jobs on top of 165 existing ones. A letter of intent was signed with the state government.
Groupe Guillin acquired 90% of Ciesse Paper, an Italian maker of cardboard packaging for the fruit and vegetable market, on 2022-09-23. The founders Elisa and Lorenzo Govi keep 10% and remain in operational roles. Ciesse Paper reported 2021 revenue of EUR 28 million and is based in the Mantua area.
Kruger Packaging has completed construction of its 400,000-plus square foot Elizabethtown plant in Kentucky, costing $114 million, and started producing corrugated paper.
Ellerhold AG is building a new cardboard factory of almost 11,000 square metres at its Radebeul headquarters near Dresden, investing EUR 20 million. Completion is planned by the end of 2022, shifting the company's focus from large posters to packaging.
TricorBraun announced it will acquire Mark's Barrel Company, an industrial container services provider.
Supplyco Qatar and Robopac Italy signed an exclusive distribution and service contract on September 20, 2022, at Supplyco's showroom. Robopac offers end-of-line packaging solutions and services.
Amorepacific Group will sell 60% of its subsidiary Pacific Package's shares to French packaging company Autajon, retaining 40%. The move deepens a cooperation relationship that dates to a 2015 MOU.
CANPACK is building its second U.S. aluminum beverage can body plant in Muncie, Indiana, on 139 acres in Monroe Township. The $380 million project is expected to create 345 jobs by 2023, with potential to reach 425 jobs and $490 million by 2025.
Smurfit Kappa has signed an agreement to acquire PaperBox, a packaging plant in Saquarema, about 70 km east of Rio de Janeiro. The deal is subject to regulatory approval and is expected to close at the end of October 2022.
Fenton Packaging Solutions worked with Silberline's European division to develop steel pails sourced in Europe instead of shipped from Ohio, reducing CO2e per TEU by over 73%.
French packaging firm Autajon Group merged with Zapp Packaging, an Ontario folding carton manufacturer with about 100 employees, in a deal that closed September 15, 2022 on undisclosed terms.
Pact Group has converted AU$420 million of existing loan facilities into a sustainability-linked loan, the first such transaction for an Australian manufacturing company. Commonwealth Bank of Australia, Westpac and HSBC were lead arrangers.
Amcor has made a strategic investment of up to $45 million in US-based ePac Flexible Packaging, increasing its minority shareholding in ePac Holdings. The announcement was made on September 14, 2022.
Industrial Packaging Group and Treffpack Beteiligungsgesellschaft agreed to combine their shareholdings into a new holding, PACKAGING ALLIANCE EUROPE SA, a merger of equals in primary packaging. Member companies operate in eight European countries.
Sonoco agreed to buy WestRock's remaining equity interest in RTS Packaging, plus a WestRock paper mill in Chattanooga, Tennessee, for $330 million in cash, with closing expected in the first half of 2023.
Novolex is investing $10 million to expand plastic bag and polyethylene film recycling capacity at its North Vernon, Indiana facility, producing up to 28 million pounds of recycled content per year.
Nelipak Healthcare Packaging will build a new flexible packaging production site in Winston-Salem, North Carolina, its first in the Americas, with about $20 million capital investment and roughly 80 new jobs.
Visy will invest A$48 million in major upgrades to its material recovery facilities on Gibson Island in Queensland. The three Queensland projects are expected to create 900 construction jobs and 300 operational jobs.
Visy plans a A$500 million glass food and beverage container recycling and manufacturing facility in Yatala, Queensland. The three Queensland projects are expected to create 900 construction jobs and 300 operational jobs.
Huhtamaki is selling its four Russian production sites, which employ 724 people, to Russian buyer Espetina Ltd for 151 million euros. Huhtamaki expects a profit of about 15 million euros in the third quarter of 2022.
SCG Packaging acquired a 90.1% stake in Jordan Trading Inc., a New York recovered paper trader, for US$1.98 million through a Thai subsidiary, adding about 100,000 tons per year of sourcing capacity. The company also partners with Peute, the Netherlands' largest packaging material recycler.
The Royal Group, a wholly owned subsidiary of Schwarz Partners, acquired corrugated packaging maker Progress Container & Display, which becomes its 17th manufacturing facility. PMCF acted as exclusive sell-side financial advisor; the deal closed in September 2022 and was reported on November 3, 2022.
Stora Enso is acquiring Dutch corrugated packaging producer De Jong Packaging Group in a deal worth about €1 billion, adding 17 sites in the Netherlands, Belgium, Germany and the UK.