Silgan Holdings acquired Unicep Packaging, a precision dosing dispensing packaging maker with two plants in Spokane, Washington and Sandpoint, Idaho, for $237 million, with projected 2021 sales of about $45 million.
Irving Place Capital has agreed to sell Alpha Packaging, a St. Louis-based blow molder of bottles and jars, to Pretium Packaging, a Clearlake Capital portfolio company. Financial terms were not disclosed.
C-P Flexible Packaging announced its acquisition of privately held Fruth Custom Packaging and affiliated Cleanroom Film and Bag, both making flexible rollstock and pouches for cleanroom use in Placentia, California. Terms were not disclosed.
Plastic packaging maker and recycler Alpla Group acquired Austria-based Wolf Plastics Group to strengthen its European growth. The deal was reported on 23 August 2021.
Huhtamaki is acquiring Elif, a Turkey and Egypt based supplier of sustainable flexible packaging, for GBP 350 million, expanding its flexible packaging footprint into Turkey.
Italian infrastructure fund manager F2i Sgr agreed to acquire a 70% majority stake in ReLife, a Genoa-based recycler of paper and plastic packaging, with the founders keeping 30%. ReLife has about 580 employees and 35 plants in northern and central Italy, with expected 2021 revenue of about EUR 250 million.
Italian plastic packaging maker PuntoPack acquired MAV Srl, a wide-mouth packaging company serving cosmetics and food. The combined group is expected to have over EUR 25 million turnover. No deal value was disclosed.
Austrian packaging converter ALPLA has acquired Verigreen Packaging, a South African maker of bottles and canisters for lubricants, with a site in Durban. Financial terms were not disclosed.
SCG Packaging (SCGP) completed its 70% merger and partnership investment in Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, with total payments capped at 6,400 billion VND and consolidation from August 2021.
Portobello Capital agreed to acquire Caiba, a Valencian maker of PET plastic containers, from Nazca Capital for over €110 million. The deal is pending competition authority approval.
Trioworld Group signed an agreement to acquire Flexoplast, a Dutch producer of polyethylene food, beverage and industrial packaging films, from the Clondalkin Group. The deal is subject to regulatory approvals; no price was disclosed.
Schur Flexibles acquired Termoplast S.r.L., a producer of 100% recyclable MDO-PE films based at Gambassi Terme near Florence, Italy, to expand its presence in the Italian market.
Indorama Ventures completed its acquisition of CarbonLite Holdings' Dallas, Texas PET recycling facility, bought for nearly $64 million in a bankruptcy auction. The site, renamed Indorama Ventures Sustainable Recycling, has combined capacity of 92,000 tons a year of food-grade rPET pellets and supports more than 130 jobs.
PACCOR closed its previously announced acquisition of Miko Pac N.V., a plastics packaging processor with about 500 employees and turnover above 100 million euros in 2020. The closing took place on June 1, 2021.
Libra Srl and Nibe Srl, both existing shareholders of Emmegi Detergents, acquired 100% of Imp spa, a contract manufacturer in Altavilla Vicentina with over EUR 30 million revenue and 110 employees. Industrial real estate assets are to be transferred later.
SEI Group LLC of Doraville, Georgia announced the acquisition of Tailored Foam of Florida, Inc. in Sanford, Florida. The deal value was not disclosed.
C-P Flexible Packaging, based in York, Pennsylvania, acquired Genpak Flexible from the Jim Pattison Group. Genpak has facilities in Aurora, Ontario, and Lakeville, Minnesota, and makes compostable flexible packaging.
The European Commission approved under the EU Merger Regulation the acquisition of joint control over Luxembourg-based rigid packaging maker Logoplaste by Ontario Teachers Pension Plan (OTPP) and Nikky Investments. The Commission found no competition concerns.
Lindsay Goldberg agreed to sell an 80% stake in Austria-based Schur Flexibles Group to B&C Group, retaining 20% ownership, subject to antitrust approvals.
Walki Group signed a definitive agreement to acquire a majority stake in Plasbel Plasticos S.A.U., a Spanish maker of recycled and compostable bags and flexible packaging with a facility in Murcia. The purchase price was not disclosed.
Stuttgart investment firm Finexx acquired all shares of Volpini Verpackungen GmbH Austria, a plastic packaging producer in Spittal an der Drau with about 60 employees and roughly EUR 13 million in annual sales. Financial terms were not disclosed and closing is expected within weeks.
Amcor has made a strategic investment in US flexible packaging firm ePac, its first corporate venture-type investment, valued at around $10m to $15m, and is also providing financing for one or more ePac sites.
BEWI has acquired a 51 per cent stake in Danish paper packaging company Honeycomb Cellpack A/S, with an option to buy the remaining 49 per cent, broadening its protective packaging offering in the Nordic region.
SK Capital Partners, LP completed its previously announced acquisition of IPACKCHEM Group SAS, a Paris-headquartered supplier of barrier packaging for crop protection and specialty chemicals. The deal value was not disclosed.
Schur Flexibles Group acquired Sidac SpA, a flexible packaging manufacturer based in Forlì near Bologna, to expand its presence in the Italian market. Sidac has about EUR 34 million in annual revenue and 120 employees; the deal value was not stated.
PACCOR signed a purchase agreement on 30 March 2021 to acquire Miko Pac, the packaging division of Belgian firm Miko N.V. Miko Pac makes plastic packaging at sites in Belgium, Poland and Indonesia, and completion is expected in Q2 2021 pending approval.
Loews Corporation has agreed to sell a 47 percent stake in Altium Packaging to GIC, the Singapore sovereign wealth fund.
Loews Corporation signed a definitive agreement to sell a 47% interest in Altium Packaging, a North American rigid plastic packaging and recycled resin company, to Singapore's sovereign wealth fund GIC, with closing expected within 30 days.
Coveris acquired specialty bag manufacturer Initial Packaging, reported on March 4, 2021.
OpenGate, a private equity firm, bought Filmquest as a second add-on to its Duraco specialty tapes platform, as it builds a packaging platform of about $300 million.
Oben Group acquired Poligal Group, a European plastic film maker with BOPP and CPP plants in Portugal and Poland, commercial offices in Germany and a European sales network. The Skarbimierz plant has 40,000 tonnes/year BOPP capacity.
POLIFILM EXTRUSION GmbH acquired 100% of SAXA Packaging GmbH, which operates a blown film plant in Neukirchen/Pleiße, Germany. The deal adds broad and barrier films to POLIFILM's portfolio. The purchase price was not disclosed.
UK packaging manufacturer Robinson acquired Danish company Schela Plast, reported on February 12, 2021.
An affiliate of Peak Rock Capital has acquired a majority holding in AMB, an Italian maker of food packaging films, as announced on February 5, 2021.
The Pusterla 1880 group finalized the acquisition of the Adine Group, which includes box maker Adine, printer Chiffoleau and plastic thermoformer Thermoform, in France. The deal aims to strengthen its luxury packaging offer.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
Wuppertal-based MIB Industriebeteiligungen acquired Verpackungstechnik Frielinghaus GmbH, a plastic hollow-body maker, in a succession arrangement. Ebner Stolz advised the buyer on financial and tax due diligence.
Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.
US-based ProAmpac Holdings acquired RA Pacaisti Teo from Ludgate Investments, with plans to expand manufacturing of primary packaging for ready-to-eat foods. The company keeps its Donegal and London operations and terms were not disclosed.
ABX announced its acquisition of the U.S. flexible packaging converter business of Berry Global Group. The business makes co-extruded multi-layer films, mainly for food applications.
Berlin Packaging has acquired Spanish plastic packaging company Repli, based in Barcelona. It is the ninth Berlin Packaging acquisition in Europe since 2016.
A.P. Moller Holding has signed an agreement to acquire Faerch, a pan-European sustainable food packaging manufacturer, from funds managed by Advent International. Faerch operates integrated recycling for circular food packaging.
Private investment firm Graham Partners acquired Berry Global's North American extrusion, converting and coating business. It will combine with Graham's Advanced Barrier Extrusions (ABX) and operate under the ABX name.
Flexible packaging company ProAmpac, a portfolio company of Pritzker Private Capital, acquired Canadian packaging manufacturers Rosenbloom Groupe, Hymopack and Dyne-A-Pak. The deal was reported on 2 December 2020.
Berlin Packaging has acquired Italian plastic packaging company Pentapackaging, based in Bergamo. It is the ninth Berlin Packaging acquisition in Europe since 2016.
Altium Packaging has acquired the assets of SFB Plastics, Inc., a Wichita, Kansas maker of HDPE blow-molded industrial containers. The deal was announced on November 16, 2020.
EPL Limited's board approved the acquisition of Creative Stylo Packs, an Indian maker of corrugated boxes and plastic and laminated tubes. EPL will buy a 72.5% stake for cash and the remaining 27.5% through issuance of EPL shares to the founders.
Denmark-based Faerch Group has acquired the Sirap food packaging business in Italy, Poland and Spain from Italmobiliare. The business includes three production sites, and the deal is expected to close within three months, subject to regulatory approval.
Berlin Packaging announced the acquisition of Consolidated Bottle Corporation, a Canadian supplier of plastic, glass and metal containers and closures. The deal significantly expands Berlin Packaging's footprint in Canada, and all Consolidated Bottle employees and locations will be retained.
Thailand's SCG Packaging (SCGP) signed a share purchase agreement to acquire 100% of Go-Pak UK Limited, a foodservice packaging maker with its base in Vietnam, expected to close around December 2020 and add over THB 2,800 million in annual revenue.