Netherlands-headquartered Solidus Solutions acquired Heathpak, a UK producer of solid board packaging with about 16,000 tons annual output, from owners Alan Heath and Lyndon Whitlock. Gambit Corporate Finance advised the sellers.
Jiangsu Bohui Paper Co., a subsidiary of Bohui Paper, plans to invest 3.833 billion yuan to build a third-phase project with an annual capacity of 1 million tonnes of high-grade packaging paperboard in Dafeng Port, Yancheng, Jiangsu.
Ball Corporation announced a new aluminium can factory in Frutal, Minas Gerais, Brazil, with an investment of R$500 million and about 100 direct jobs. Production is expected to start in Q4 2021 with capacity of 1.5 billion cans per year.
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.
ANDRITZ received an order from Lotus Teknik A.Ş. to supply a neXline wetlace CP line for the production of biodegradable, plastic-free wet wipes. The line is scheduled for start-up by the end of 2021.
Plastipak Packaging signed a long-term lease with Duke Realty for 470,590 square feet at its 3200 Kingsley Road facility in Garland, Texas, consolidating warehouse locations. The company will begin occupying the expanded space in March 2021.
Graphic Packaging International announced a $100 million investment at its Texarkana, Texas mill to add swing production across SBS and CUK substrates. Start-up of swing production is expected in Q1 2022.
LeBaronBrown Industries LLC acquired a majority interest in the NPS Towel & Tissue Division of NPT Holdings Inc., a towel & tissue and specialty packaging converter.
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.
DIC Corporation and Jindal Poly Films have reached a consensus to collaborate in the area of functional cast polypropylene (CPP) films in India. The collaboration may include a technology licensing agreement, mass production at Jindal's plant, and joint sales, with concrete activities expected to commence within fiscal year 2021.
Rondo Ganahl, a corrugated board and packaging manufacturer, plans to open a new dedicated digital production plant at its site in St. Ruprecht an der Raab, Austria, in autumn 2021, driven by 30% annual digital sales growth from its Koenig & Bauer Durst Delta SPC 130 press.
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.
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.
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.
Protect Pharmaceutical Corp announced an agreement to be acquired by PUMA, a polymer packaging corporation based in Dubna, Russia. PUMA plans to expand into food irradiation and packaging, including setting up processing plants in Vietnam and the Kuril Islands.
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.
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.
Action Point, Inc. and Signature Flexible Packaging, Inc. merged to create a new flexible packaging platform, with H.I.G. Capital as a new investor. The combined company operates three facilities in California.
ProMach acquired the assets of KHS Bartelt, KHS Kayat, and KHS Scandia from KHS USA, expanding its portfolio in flexible packaging, cartoning, and shrink packaging solutions. The deal includes the Sarasota, Florida facility.
Apollo Global Management has agreed to acquire the aluminum can and aluminum rolling businesses of Showa Denko.
Schneider Electric partnered with Sewtec Automation to deliver an end-of-line packing solution for Pets Choice, using PacDrive 3 Delta Robots. The project was announced on January 21, 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.
Przetwórstwo Tworzyw Sztucznych Plast-Box S.A. has entered into a framework supply agreement with Sabic Sales Europe B.V. for the delivery of polypropylene, valued at approximately EUR 3.2 million, valid until December 31, 2021.
Intertape Polymer Group Inc. will expand its Pittsylvania County manufacturing operation, investing approximately $45 million and creating 50 jobs over four years. The company will add 30,000 square feet to its facility.
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.
Stoelzle Glass Group has invested €20 million in its Masnières factory in France, including a new furnace that started on January 8, 2021, and a fifth production line, increasing annual capacity by over 30% to more than 100 tonnes.
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.
Hanover Partners and Centerfield Capital Partners purchased Ska Fabricating, a manufacturer of packaging machinery for beverage canning lines, headquartered in Durango, Colorado. The founders retain ownership and management roles.
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.
Amipak has invested over GBP 200,000 in a new Heiber+Schröder CE 1560 tray forming machine at its Willesden site, which became fully operational in mid-November 2020. The machine increases production capacity for carton packaging products.
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.
Belgian milk producer Inex has selected Sidel's aseptic PET packaging line to package UHT milk in PET bottles, aiming to increase production capacity and reduce environmental footprint.
Polykar announced it has selected Scott Builders to build its new 50,000-square-foot manufacturing plant in Edmonton, Alberta. The $25 million investment will expand production capacity for flexible packaging, with construction starting in spring 2021 and completion by April 2022.
Ricciarelli will design and install several complete packaging lines for short and long pasta at BUA Group's plant in Port Harcourt, Nigeria. The expansion is expected to be completed by end of 2021, producing 720 tonnes of pasta per day.
Italian packaging group Grifal agreed to acquire 100% of a newco receiving the operating division of Cornelli, which makes corrugated cardboard boxes and branding for packaging, in a deal stated as EUR 1.257 billion.
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.
Oman Refreshment Company (ORC) introduced three new PET bottle designs (0.25 L, 1 L and 1.5 L) in collaboration with Sidel. The line conversion was completed in a reduced lead time after the order was placed in June 2019.
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.