Kilian Braunsdorf has been appointed chief executive of PACCOR, succeeding Andreas Schuette, who stepped down following the acquisition by Faerch Group.
Faerch Group has acquired packaging maker PACCOR. The combined group has more than 30 production sites and around 6,000 employees across Europe, the US and Asia.
AR Packaging Halmstad purchased a Comexi S1 DS slitter-rewinder for its flexible packaging plant in Halmstad, Sweden, to increase productivity. The deal extends a relationship of about 30 years between the two companies.
DS Smith has started production at its new 34,000 sqm packaging plant in Castelfranco Emilia (Modena), Italy, with a corrugator and three converting machines running. The plant will eventually have 10 production lines and over 200 million sqm of annual capacity.
Valmet will supply a Valmet IQ Warp Control System and IQ Moisturizer for a corrugator at Dunapack Packaging's Plovdiv plant in Bulgaria to reduce warp waste and improve productivity. Delivery was scheduled for August 2022.
Wildpack Beverage signed a long-term purchase and supply agreement with Ball Corporation for sustainable aluminum beverage containers. The deal lets Wildpack extend its printed can and warehousing services beyond Grand Rapids to its other US locations.
Rengo's subsidiary Tri-Wall Limited acquired 100% of Corrugated Case Holdings Limited, whose factory in Chesterfield, England makes high-value corrugated boxes.
Resinex will distribute Aquapak's Hydropol barrier polymer on an exclusive basis in most of Europe, excluding Italy, Spain and Portugal, and has committed to buy at least 8,000 metric tonnes over three years.
Imaflex USA, the US arm of Montréal-based Imaflex, will invest up to $15 million and add 37 jobs for a building expansion and equipment at its Thomasville plant in Davidson County, North Carolina.
BillerudKorsnäs added the KM 7 board machine at its Gruvön mill in Värmland, Sweden, with an investment of SEK 5.7 billion, and shut down three older machines. The machine has a capacity of 550,000 tonnes per year and came online in October 2019.
Yplastic, part of Grupo Telles, invested about R$12 million to modernize its Fortaleza plant, including a Husky HyPET preform production cell with capacity of 10 million preforms per month. The company has begun preform production.
Rengo has begun construction of a new corrugated cardboard factory, the Ehime Toon Factory, in Toon City, Ehime Prefecture, to relocate its Matsuyama plant. The investment is 14 billion yen and operations are scheduled to start in January 2024.
Wildpack Beverage entered a long-term supply agreement with Ball Corporation for sustainable aluminium beverage packaging, extending its printed can and warehousing services to all its US locations.
Bryce Corporation held a groundbreaking for a new manufacturing facility in Searcy, Arkansas, part of an $80 million investment that will create 142 jobs. The groundbreaking took place on August 23, 2022.
Wildpack announced a long-term purchase and supply agreement with Ball for sustainable aluminium beverage packaging for its US operations.
Harpak-ULMA was selected by a major medical device producer to provide automated flow wrap packaging lines for pipette tip production in the United States. The project is part of a federal initiative to expand domestic production of the tool.
Corrugated packaging producer Zerhusen Kartonagen, based in Damme in north-western Germany, announced a €100m investment. The article gives no detail on what the money will fund.
Mauser Packaging Solutions has invested in a new multi-layer extrusion blow molding machine at its Littleborough, UK plant to make 220-litre drums with recycled resin. The investment expands capacity for its Infinity Series products.
Chinese carton maker Greatview Aseptic Packaging signed an agreement to acquire the assets of Alternapak Production srl, an idled aseptic carton plant in San Pietro in Gu, Italy. Production is expected to restart toward the end of 2022, making it Greatview's fifth plant globally.
According to people familiar with the matter, US private equity firm Bain is in acquisition talks to buy Parksons Packaging, an Indian folding color box maker, for about 30 billion Indian rupees. Credit Suisse is reportedly advising, and a deal could close within three months.
Anduro Manufacturing plans to more than double its manufacturing footprint in San Pedro Sula, Honduras, in the San Jose Commercial Park free zone, by late 2023 or early 2024. The expansion will also more than double in-house production capacity.
Mondi plans to convert the Duino paper machine PM 3 to produce about 420,000 tonnes per year of recycled corrugated case material. An estimated EUR 200 million will be invested in the project.
Ardagh Metal Packaging received full planning permission for a GBP 150 million drinks can factory at Global Point Business Park in Newtownabbey, Co Antrim, creating 160 jobs. The 460,000 sq ft facility will supply customers across Ireland, Britain and Europe.
Shengxing Co (002752.SZ) plans to acquire all equity of Beijing Pacific Can Company from Fuzhou Pacific Can Group for CNY 301 million, funded from its own resources. The deal is to be signed under a sale agreement announced on 2022-08-16.
Mondi plans to convert the paper machine at its planned Duino mill to produce about 420,000 tonnes per year of recycled containerboard, at an estimated investment of around €200 million. The plan supports its Corrugated Solutions plants in Central Europe and Turkey.
Dallas Plastics, backed by Sole Source Capital, acquired Emballage MPP, a flexible packaging business. The deal is Sole Source Capital's third flexible packaging investment.
Rand-Whitney held a beam signing and topping-off ceremony for its largest corrugated packaging facility in Boylston, Massachusetts, built with PROCON as design-builder. The plant is due to open in spring 2023 with capacity of 350 million boxes annually.
China Post's Guangxi branch published bid-candidate results for its 2022-2023 packaging box procurement, naming Guangdong Xinyuan Culture Technology as first candidate for both lots. Nanning Aotu and Xiamen Jihong were listed as other candidates; the public notice ran 15 to 18 August 2022.
McLaren Packaging's corrugate business agreed a new 50/50 joint venture with VPK Packaging UK & Ireland, part of Belgian VPK Group, to serve the Scottish corrugated market. The announcement was dated 18 December 2024.
Tri-Wall UK Ltd, headquartered in Monmouth, signed a deal to acquire The Corrugated Case Company, a Derbyshire corrugated packaging sheet plant in Chesterfield, with plans to expand operations and invest in equipment. The price was not disclosed.
WestRock delivered its Cluster-Pak EvoTech fibre-based multipack packaging to Budějovický Budvar and Mattoni 1873 for the non-alcoholic beer BIRGO, deployed on a new production line with up to 50,000 cans per hour.
Constantia Flexibles acquired FFP Packaging Solutions, a Northampton flexible packaging maker with over 100 staff, for an undisclosed sum. It is Constantia's first consumer packaging plant in the UK.
Graphic Packaging launched its KeelClip fiber-based can multipack packaging in the United States with an AutoClip KC1600 machine installed at Liberty Coca-Cola Beverages' Elmsford, New York facility. The system removes plastic rings and shrink wrap from can multipacks.
Moldtek Packaging plans capital expenditure of Rs 125 crore in FY23, adding capacity at Sultanpur, Daman, Vizag, Hyderabad and Kanpur units and setting up a second plant at Daman with robotic IML facilities.
B2B Industrial Packaging, a GenNx360 company, has acquired Springfield Corrugated Box Inc of Agawam, Massachusetts. It is B2B Industrial Packaging's 24th acquisition.
Hood Container Corporation has acquired the corrugated packaging business of Kentwood Packaging Inc, including its design, manufacturing, assembly and fulfillment operations in Walker, Michigan. The deal was announced on August 4, 2022.
Walki Group signed a definitive agreement to acquire 100% of Westpak Oy Ab and Flexipack Oy Ab, Finnish flexible packaging producers with about EUR 40 million combined 2021 sales, subject to competition approval. The price was not disclosed.
Tetra Pak will invest 437 million pesos to expand its packaging plant in Querétaro by adding one cutting production line and two lamination lines, raising capacity to 12.8 billion packages per year.
Greif will invest $13 million over five years to modernize and expand production capacity at its Taylors, Greenville County facility, which makes spiral tubes and cores from recycled paperboard, with completion expected in November.
Fibrasa signed a letter of intent with the Pernambuco government to build a new plastic bucket factory in the Polo Empresarial of Abreu e Lima, with R$70 million in private investment and about 100 jobs expected.
Caxton subsidiary CTP acquired Amcor's Cape Town bag-in-box and pouching operations and its Port Elizabeth operation for R90 million, effective 1 August 2022 after competition approval.
Colep Packaging has acquired a 40% stake in ALM, a Spanish aluminium aerosol producer, to expand its packaging portfolio, announced August 3, 2022.
Dazpak Flexible Packaging, owned by H.I.G. Capital, completed its acquisition of Atlapac Corporation, a flexible packaging and pouch converter in Columbus, Ohio. The deal expands Dazpak's flexible packaging business in the Midwest.
Mondi agreed to acquire the Duino mill near Trieste, Italy, from Burgo Group for a total consideration of €40 million. Completion is expected in the second half of 2022, subject to competition clearance.
Gestión de Medio Rural de Canarias awarded Klingele Embalajes Canarias a EUR 15,882 contract to supply single-use corrugated cardboard boxes, with the award dated 1 August 2022.
Woolworths Group and Pact are developing a partnership under which Pact would supply recycled plastic packaging for Woolworths own-brand products, potentially up to 18,000 tonnes per year. The deal is described as a multi-million-dollar investment in local recycling and manufacturing capacity.
Van De Velde Packaging acquired Unipap A.S., a Czech maker of industrial corrugated packaging and foam products with about EUR 25 million revenue in 2021. The deal, advised by Adpario Partners, is Van De Velde's first step into the Czech market.
Britvic officially opened a new canning line at its Rugby factory after investing £26.9 million and creating 20 new jobs. The line produces around 120,000 cans per hour and raises site capacity by about 20%.
Opal Group, backed by parent Nippon Paper Group, is building a highly automated 47,000m2 corrugated cardboard packaging plant at a greenfield site in Wodonga, Victoria, as part of a total $140 million investment. Sod-turning took place in July 2022.
Waterloo Container renewed its contract with Amcor Flexibles Capsules Canada, under which it serves as Amcor's top distributor of the STELVIN brand closures. The renewal was announced in Waterloo, NY on July 27, 2022.