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.
Danimer Scientific announced a partnership with Mars Wrigley to develop flexible and rigid packaging using Nodax PHA, a biodegradable polymer, for Mars Wrigley products.
The Starco Group, a provider of liquid and aerosol products, has acquired US aerosol producer Chase Products Company. Terms were not disclosed.
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.
Bühler and Premier Tech have launched the CHRONOS OML-1060, a fully automated packaging equipment for the grain, food, and feed industries, developed through their joint venture.
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.
Arlo + Coop is investing $1.5 million in two Zünd D3 2XL-3200 cutting lines with robots for automated short-run packaging cutting, and expanding its factory by 30,000 sq ft.
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.
L-GAM has entered exclusive negotiations to acquire a majority stake in Vinventions, a world leader in wine closure solutions, from Bespoke Capital Partners and Noël Group.
GOEBEL IMS completed installation of a MONOSLIT GIANT slitter rewinder at Yongguan Group's new industrial site for eco-friendly adhesive BOPP film tape, part of a €125 million investment plan with four production lines.
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.
SK global chemical will form a joint venture with Satellite Petrochemical to build a 40,000-ton-per-year ethylene acrylic acid plant in Lianyungang, China, with a total investment of 200 billion won ($175 million).
Leclerc Foods invested in two state-of-the-art bar packaging systems from Syntegon Technology for its sites in Canada and the United States as part of its expansion and modernization plans.
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.
CarnaudMetalbox Engineering, a UK-based canmaking equipment specialist, expanded its production capacity with a new 150,000 square foot facility in Leeds, Yorkshire.
Scholle IPN, a global supplier of flexible packaging solutions, has completed the purchase of Bossar, a supplier of flexible horizontal form-fill-seal packaging equipment. The acquisition combines the capabilities of both companies to provide integrated sustainable packaging solutions.
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.
H.S. Crocker invested in a Fusion C flexographic printing press from Paper Converting Machine Co. (PCMC) for its Huntley, Illinois location. The 42-inch, 10-color press with two additional downstream print stations will be installed later in 2021.
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%.
永创智能 (Yongchuang Intelligent) signed an agreement to acquire 74.63% of 浙江龙文精密设备 (Zhejiang Longwen Precision Equipment) for RMB 96.7 million, expanding its food and beverage packaging machinery product range.
Paper Converting Machine Company (PCMC) sold a 42-inch, 10-color Fusion C flexographic printing press to H.S. Crocker for its Huntley, Illinois location. The press will be delivered later in 2021.
TricorBraun has acquired Quebec-based rigid packaging distributor RODA Packaging, and will also acquire Rada Industries. Terms of the agreement were not disclosed.
Inhance Technologies has expanded its St. Louis facility to 75,000 square feet, more than double its previous size, doubling manufacturing capacity and increasing headcount to about 40. The company also moved to a new global headquarters in northwest Houston.
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.
PF Concept International Coöperatief U.A, part of Polyconcept, completed the acquisition of UK-based print-on-demand company T Shirt & Sons Ltd. on March 2, 2021.
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.
Belvac Production Machinery will invest over $3 million and add up to 50 new jobs in Bedford County, Virginia, by leasing a 40,000-square-foot shell building in Forest. The company produces can-making equipment and plans to start operations by mid-summer 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.
UI Investissement has entered exclusive negotiations to sell packaging maker Gault & Fremont, based in Saint-Pierre-des-Corps, France, to the listed packaging group Guillin.
Nanxiong Jinye Packaging Materials won the 2021-2023 tender for shaped cigarette packaging bags from the Zhangjiajie branch of the Hunan Tobacco Company, at a winning bid of 433,500 yuan. The award notice is dated March 3, 2021.
JBT Corporation, a NYSE-listed food and beverage technology provider, acquired AutoCoding Systems, a UK-based software company for end-of-line packaging devices, for $17 million. AutoCoding generates about $7 million in annual revenue.
US paper manufacturer Neenah signed a definitive agreement to acquire Global Release Liners, the parent of Spanish release liner maker ITASA, for a cash consideration of EUR 205 million ($247 million), with closing expected the following month.
Groupe Guillin has entered exclusive negotiations with UI Investissement to acquire Groupe Gault & Fremont, a French and Belgian maker of paper bags, cardboard boxes and baking paper with 270 employees across four sites. The announcement is dated March 2, 2021.
ROVEMA GmbH acquired inno-tech Verpackungsmaschinen GmbH (Reiskirchen) and, via its subsidiary ROVEMA Benelux, Prins Verpakkingstechniek B.V. and Prins Engineering B.V. (Veenendaal). The deals add stainless steel packaging machines and Benelux distribution capabilities.