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.
Südpack has acquired LPF Flexible Packaging, a Grootegast, Netherlands flexible packaging maker, from Clondalkin Group. MP Corporate Finance acted as exclusive M&A advisor to the seller.
Anheuser-Busch agreed to sell its Houston-based Longhorn Glass manufacturing facility, which supplies bottles to its Houston brewery, to Ardagh Group. Ardagh plans to invest in modernizing the facility, and the transaction is expected to be followed by a long-term supply agreement.
Anshan Yongan Packaging Industry's second corrugated and containerboard papermaking line, begun in April 2020, went into production on January 28, 2021, bringing the company's papermaking capacity to 300,000 tons per year.
Apollo Global Management has agreed to acquire the aluminum can and aluminum rolling businesses of Showa Denko.
Friendship Containers has launched a new production plant on a five-acre plot in the Tatu City Special Economic Zone near Nairobi, making metal cans, closures, injection-molded containers and caps.
Crown Holdings will invest $145 million to build a 355,000-square-foot aluminum beverage can plant in the Commonwealth Crossing Business Centre in Henry County, Virginia, creating 126 new jobs. Virginia state grants of $4 million support the project.
Segezha Packaging is investing more than EUR 10 million in a new production unit and depot at its Ploiesti site in Romania, plus line modernization. Completion is scheduled for October 2021 and production capacity is expected to rise 65 percent.
Georgia-Pacific bought a third HP PageWide T1190 corrugated web press for its Hummingbird digital print business, to be installed later in 2021 at a new site opening in Arizona. The investment is described as multimillion-dollar.
Tranås municipality awarded TechPack in Scandinavia AB a contract for plastic food packaging worth 800,000 SEK, running to roughly December 2022 to February 2025, out of two bids.
Ball Corporation plans to begin construction in spring 2021 of a €170 million aluminum beverage can plant at Pilsen Digital Park, with operations due in October 2022 and up to 200 jobs.
UPM Raflatac will invest EUR 13 million in Nowa Wieś, Poland, to add a linerless coating line and slitting and packing capacity, adding 100 million m2 of Direct Thermal linerless annual capacity, expected operational by end of 2021.
Duravant's new operating company nVenia, formed by combining Arpac, Hamer-Fischbein and Ohlson, will operate from a newly built 256,000 sq ft facility in Wood Dale, Illinois, planned to open in April 2021.
Mexico's Envases Universales Group agreed to buy the HUBER Packaging Group, a European tinplate packaging maker with about 900 employees and plants in Germany, Austria, Switzerland, UK and Hungary. VIRETUM CONSULT acted as sole financial advisor to the shareholders.
Crown's Brazilian subsidiary CROWN Embalagens plans a two-line plant in Minas Gerais to make two-piece aluminum beverage cans. At full operation the plant will add 2.4 billion cans of annual capacity, starting production in Q2 2022.
AR Packaging acquired folding cartons specialist Firstan Holdings, reported on January 18, 2021.
Crown has activated renewable electricity at all 14 of its US and Canadian beverage can plants through a 15-year wind power virtual PPA with Longroad Energy. The move lifts its global renewable electricity share to 27.5 percent.
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.
Progress Agro group has launched a RUB 204 million polypropylene packaging plant in Ust-Labinsk, Krasnodar Krai, on the Kuban industrial park. The plant can produce up to 8.6 million polypropylene bags and polyethylene film a year and created about 70 jobs.
Rengo's joint venture Thai Containers Group acquired 94.11% of Bien Hoa Packaging, a listed Vietnamese corrugated packaging and folding carton maker near Ho Chi Minh City. After the deal Rengo will have six corrugated and two folding carton plants in Vietnam.
Jabil Inc. acquired Ecologic Brands, a provider of paper bottles and paper-based packaging, adding it to Jabil Packaging Solutions. Ecologic's operation in Manteca, California will join the division.
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.
Siam Cement's SCG Packaging has closed its acquisition of Go-Pak UK Limited. The article provides no deal value or further details.
Sagard-backed Sterimed has entered exclusive talks to acquire Amcor's European hospital packaging business. No deal value was given and the deal is not yet signed.
Ball Corporation produced a new range of recyclable aluminium bottles for Norwegian water brand Lofoten Arctic Water. The brand is also investing in a new filling line that will create skilled jobs in the Lofoten Islands.
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.
Pactiv LLC will invest $15 million to expand its existing Mooresville facility in Iredell County, with a county incentive of up to $270,158 over five years. Completion is anticipated by December 31, 2021.
Lebanon, Tennessee manufacturer Morrison Industries acquired Envoy Packaging of Morrison, Tennessee. Envoy will make plastic and foam packaging and dunnage to complement Morrison's steel shipping racks and cardboard packaging.
Ares Management's Private Equity Group funds and Ontario Teachers' Pension Plan Board have agreed to acquire a majority interest in packaging distributor TricorBraun from AEA Investors, with management retaining a stake. The deal was announced January 7, 2021.
Netpak Packaging announced investments of over $2 million in a production plant. The article gives no location or further details.
Avery Dennison acquired the business of Ohio-based ACPO Ltd., a maker of pressure-sensitive overlaminates, for $87.6 million. ACPO has about 170 employees.
Golden West Packaging Group launched a digital corrugated packaging solution using an HP PageWide C500 press at its Livermore, California site, cutting lead times to 10 working days or fewer for wine and beverage customers.
H.I.G. Capital made simultaneous growth investments in Action Point and Signature Flexible Packaging and merged them into one flexible food and consumer packaging provider. The deal was announced on 5 January 2021 with no financial terms disclosed.
PFF Group invested over £2m in custom-built machines from Hanbury-Autogil and hired 100 staff at its Washington, Tyne and Wear site to make disposable polythene aprons under a UK Department of Health and Social Care contract for 360 million aprons. The announcement is dated 5 January 2021.
I.P. Container Holdings, majority shareholder of Olmuksan, signed a share purchase agreement with Mondi Corrugated for 90.38% of Olmuksan for EUR 66.4 million, per Bloomberg HT reporting.
Mondi agreed to acquire a 90.38% stake in Olmuksan International Paper Ambalaj, a listed Turkish corrugated packaging producer with five plants, from International Paper for €66 million, with completion expected in the first half of 2021.
Aston Manor has invested a further £6 million to reconfigure its Aston, Birmingham production site and add a new flexible contract canning packaging line capable of up to 24,000 cans per hour.
Earlier in 2021 Verallia announced an expansion of its Jacutinga plant in Minas Gerais with an investment of R$370 million. The exact announcement date is not given.
Segezha Group is building a paper packaging facility in Ploiesti, Romania, part of a EUR 10 million investment, adding up to 65% capacity, to about 160 million paper sacks a year, with commissioning planned for March 2022.
LLW Repository Ltd awarded a four-year multi-lot framework for radioactive waste packaging and associated services, with an estimated maximum spend of GBP 17 million. The award was dated 16 July 2020 and published on 30 December 2020.
Datwyler signed a new multi-year contract with Nespresso running until 2030 for capsule and seal production at its automated plant in Schattdorf, Switzerland, with continuous volume and revenue growth expected. Terms are confidential.
Berivo, an equipment leasing company set up by Chetwode and Acofi, provided a EUR 3.77 million sale-and-leaseback financing to flexible packaging maker UNI Packaging, now Schur Flexibles, to fund its European expansion. The contract was signed in July 2015.
Delhi Milk Scheme, a government milk body, awarded Rainbow Packaging Pvt Ltd a tender to manufacture and supply 372 MT of three-layer co-extruded pigmented polythene film, with contract value of INR 5.71 crore and a 365-day work period.
Paperpack's main shareholder and his family agreed to sell their shares, with fifteen other shareholders, to Orlando-Equity Holding Limited at EUR 6.66 per share. The buyer will reach 90.02% and then make a mandatory tender offer, with completion expected by end of December 2020.
An Apollo-led consortium and institutional investors will acquire a 49.9% stake in AB InBev's US-based metal container plants for approximately $3 billion. AB InBev keeps operational control and will sign a long-term supply agreement.
Funds managed by Morgan Stanley Capital Partners completed an investment in AWT, a provider of labels and flexible packaging, buying from Mason Wells. The deal was completed in December 2020.
Envases Europe, a subsidiary of Envases Group, agreed to acquire Huber Packaging Group, a German maker of tinplate and plastic packaging with about 900 employees at six European sites. The deal, subject to competition review, is expected to close in Q1 2021.
Guala Closures signed an exclusive agreement with Oceanworks to source 100% recycled ocean plastic polymers for its wine and spirits closures. The first products will be T-bar closures in the Blossom range.
Harwood Private Equity acquired Medica Packaging Limited of Crewe, Cheshire, through a management buy-out led by Chief Executive Gerard Harford and Finance Director Mark Stokes. Medica makes printed cardboard cartons and folded leaflets for healthcare customers.
Harro Höfliger is building a high-performance vial packaging line at its Backnang site for delivery to Pfizer's Belgian production plant. The line will carton, label and serialise vaccine vials.