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.
Klingele Paper & Packaging Group has acquired the Société Guadeloupéenne de Carton Ondulé corrugated board plant in Baillif, Guadeloupe, from International Paper, to operate as Klingele Cartonnerie de Guadeloupe.
Indian Oil awarded a contract to MC Packaging Pvt Ltd to supply 5-ply corrugated cartons for lube containers at its Budge Budge lube plant near Kolkata, with a contract value of ₹3.45 crore and a contract date of 30 July 2021.
Hengsheng Packaging, a Xinsheng Group subsidiary, signed a strategic cooperation agreement with Fosber Asia for a 2.5m Fosber Pro/Line corrugator. The deal is part of a planned packaging technology industrial park of nearly 1,000 acres in western China.
Crown Embalagens Metalicas da Amazonia signed a letter of intent with the city of Uberaba, Brazil, for a new beverage can factory with about R$500 million investment. Earthworks have begun on a 360,000 square metre site, with 800 construction jobs and 140 operating jobs expected.
Closure maker Heinlein Plastik-Technik has built a new production hall in Ansbach for twenty more injection molding machines and assembly units. The project also upgraded energy supply and infrastructure, including water-cooled chillers and screw compressors.
KPS Capital Partners signed a definitive agreement to acquire Crown Holdings' EMEA food, aerosol and promotional packaging business for EUR 2.25 billion, with Crown keeping a 20% stake. Closing is expected in the third quarter of 2021.
DS Smith is investing EUR 16.7 million to expand and modernise its Arnstadt site in Thuringia, adding a new corrugator and automated conveyors. Construction began with a ground-breaking ceremony and runs about 12 months.
European household packaging group SPHERE acquired SARPAK Ltd, based in Port Talbot, Wales, strengthening its position in the United Kingdom. The deal value was not disclosed.
Berlin Packaging acquired Glass Line, a Savona-based Italian maker of glass and metal packaging for wine and olive oil with about EUR 6 million turnover in 2019. The price was undisclosed.
Oliver Inc., a Pfingsten portfolio company, acquired Boutwell, Owens & Co., a folding carton and blister card packaging manufacturer serving several markets. The transaction closed on March 31, 2021 and was announced April 6, 2021. Boutwell continues operating from Fitchburg, Massachusetts.
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.
Premier Packaging Corporation will move into a newly built 105,000 square-foot facility in Wiregrass Business Park, Town of Henrietta, Monroe County, New York, and buy new machinery, creating up to 37 jobs.
Sonoco has closed the sale of its U.S. Display and Packaging business, based in Winston-Salem, N.C., to Hood Container Corporation for $80 million in cash.
Graphic Packaging agreed to acquire AR Packaging Group, Europe's second largest fiber-based consumer packaging producer, from CVC Capital Partners funds for approximately $1.45 billion in cash, announced May 14, 2021.
In April 2021 SCG Packaging started up a new production facility to increase packaging paper capacity at its Indonesian subsidiary Fajar.
SIG will build a new carton packaging production plant in Queretaro, Mexico, investing around 40 million euros over 2021-2023 to serve North American markets. The plant is expected to open in Q1 2023 and create about 200 jobs.
SupplyOne, the largest independent supplier of corrugated packaging in the U.S., has acquired Bell Container Corp., a custom corrugated manufacturer headquartered in Newark, New Jersey. The acquisition was announced on April 1, 2021.
Macfarlane Group has acquired Carters Packaging, a protective packaging distributor operating from a 25,000 sq ft facility in Redruth, Cornwall, in a £4.5m deal. The announcement was reported on 2021-04-01.
Mondi Group is providing Spanish clothing retailer Alvaro Moreno with recyclable paper shopping, delivery and gift bags that can replace almost 90 metric tons of plastic per year. The announcement was reported on 2021-04-01.
A. Hatzopoulos S.A. is installing a new triplex-in-line BOBST CL 850 TD laminator, expected to be fully operational in April 2021. The line is expected to increase annual capacity in high-performance laminates by 90 million sqm.
A. Hatzopoulos S.A. announced a €20 million plan of strategic investments in new facilities, machinery and equipment, to be implemented by the end of 2022. The plan includes a new warehouse at its Stadiou plant.
Hull Boxes & Packaging, an East Yorkshire packaging maker, secured a £110,000 loan jointly funded by Finance For Enterprise and the Northern Powerhouse Investment Fund. The funds paid for a new die cutter and gluing and stitching machines to raise capacity, and the company created three new jobs.
Smurfit Kappa announced an investment of over €25 million at its Pruszkow plant in central Poland to double output, adding 25 jobs and a 12,000-pallet warehouse. Construction is due to start in July 2021 and finish during 2022.
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.
SCG Packaging (SCGP) is investing Baht 510 million in a new production line and automated warehouse at Visy Packaging (Thailand), adding about 347 million pieces a year of capacity. The line has started commercial operation and the warehouse is due for completion at the end of 2021.
Packaging manufacturer Thimm Group installed a Corruflex flexo postprint press from Koenig & Bauer at its Sibiu plant in Romania, significantly expanding direct printing capacity on corrugated cardboard for Central and Eastern Europe. The announcement was dated 30 March 2021.
ABX Innovative Packaging Solutions is expanding its green flexible packaging manufacturing in the Town of Macedon, Wayne County, adding six bag lines and creating up to 38 jobs. The renovation is expected to launch in spring 2021 with completion targeted for summer 2022.
Al Bayader International unveiled its expanded plant in Jebel Ali Free Zone, Dubai, doubling its food packaging capacity to 18,000 tonnes per annum. The expansion is part of an AED200 million investment, taking total capacity across its UAE and Qatar sites to 31,000 tonnes.
O-I Glass will invest approximately $75 million to add a fourth furnace at its Zipaquira, Colombia glass plant, adding about 500 million bottles of annual output upon completion by end of 2022.
WestRock is partnering with Heinz UK to use its Cluster-Wing paperboard multipack, removing 550 tons of plastic packaging, backed by a three-year £25 million automation investment at Heinz's Kitt Green factory.
CANPACK is building its first US manufacturing plant, a 1.2-million square foot aluminum can facility on a former brownfield site in Olyphant, Pennsylvania, reaching its topping-out stage with over 400 jobs expected within two years.
Acme Corrugated Box has broken ground on an expansion adding 80,000 square feet and a new 110-inch corrugator, targeting a 50% capacity increase, with completion expected in Q1 2022.
Ardagh Group agreed to buy Anheuser-Busch's Longhorn Glass manufacturing facility in Houston, which supplies bottles to A-B's Houston brewery, with a long-term supply agreement and planned furnace modernisation. Parcrest Advisors acted as exclusive advisor to the seller.
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.
Mondi and Tesco Central Europe launched a partnership in which Mondi buys Tesco's warehouse corrugated waste to produce EcoVantage recycled paper for Tesco shopping bags, made at Mondi's mill in the Czech Republic.
Crown Embalagens announced an R$300 million investment to install a second aluminum can production line at its Rio Verde unit in Goias, Brazil, expected to create 50 direct jobs by the end of 2021 and double annual output to two billion cans.
Jabil is investing $25 million in its subsidiary Ecologic's Manteca, California location to expand paper bottle and pulp molding production, adding new equipment and automation for North American and European markets.
Smurfit Kappa has approved a €40 million investment to expand capacity at its Mold plant in North Wales, making it the largest box factory in the UK. The investment includes equipment expected to cut CO2 emissions per tonne by 15%.
TricorBraun has acquired Quebec-based rigid packaging distributor RODA Packaging, and will also acquire Rada Industries. Terms of the agreement were not disclosed.
Altonaer Wellpappenfabrik in Tornesch near Hamburg will replace its finished goods palletizing system in spring 2021 and add a fully automated 4-color inline folding box machine in the second half of 2021. The company says it is investing over 10 million euros in quality and productivity across 2020/21.
Smurfit Kappa announced a multi-million pound investment in its Tannochside plant in North Lanarkshire, Scotland, to improve print and conversion equipment for solid board and corrugated divisions.
Mercian Labels acquired a portion of the business of label technology firm Computype Europe, reported on March 5, 2021.
Coveris acquired specialty bag manufacturer Initial Packaging, reported on March 4, 2021.
Berlin Packaging announced the acquisition of Roma International PLC, a supplier of bottles, jars and closures for high-end cosmetics and personal care products. It is Berlin Packaging's twelfth acquisition in Europe since 2016.
Italian luxury packaging company Pusterla 1880 announced the acquisition of Leicester-based Pollard Boxes, the largest rigid box producer in the UK. The deal expands Pusterla's design, development and production resources in the UK market.
Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board completed the acquisition of a majority interest in packaging distributor TricorBraun, from former majority owner AEA Investors, which retains a significant stake.
Moroccan seafood canner Unimer Group selected Trivium to supply aluminium club cans for its Titus sardine and anchovy brand, produced at Trivium's plant in Pontevedra, Spain, for export to France and Belgium.