Netpak Packaging has invested over $2 million in automated technology at its Montreal production plant, increasing production capacity by over 30%.
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.
Jindal Films agreed to buy Domo Chemicals' Italian-based nylon films business, Domo Films Solutions, for an undisclosed fee. The acquisition includes BOPA and CPA film production and is expected to close by the end of March 2021.
Brazilian nonwovens producer Fitesa has agreed to acquire Tredegar's personal care films business, which includes plants in the US, Netherlands, Hungary, Brazil, India, Italy and UAE. The acquisition strengthens Fitesa's films, elastic materials and composites business.
Rosa, a new packaging printing company, will open a highly automated plant in Germany by the end of 2021, dedicated to frozen pizza boxes. The press fleet, exceeding one million euros, will be supplied by manroland Goss.
Netpak Packaging announced investments of over $2 million in a production plant. The article gives no location or further details.
Cherat Packaging Limited decided to install a fourth polypropylene line for woven bags at its existing site in Gadoon Amazai, Khyber Pakhtunkhwa, Pakistan, with a capacity of 65 million bags per annum, costing approximately Rs1.10 billion, expected to be commissioned by December 31, 2021.
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.
On January 4th, 2021, acpo, a manufacturer of self-wound polyester and polypropylene overlaminates and pressure-sensitive films based in Oak Harbor, Ohio, was acquired by Avery Dennison for $6 million.
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.
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.
Infinity Machine & Engineering completed an 8,900 square meter expansion of its Green Bay facility in 2020, increasing manufacturing capacity. The company has also quadrupled machine sales to European tissue plants since 2017.
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.
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.
Presco Polymers Opco, Inc. acquired William Frick & Company, a designer and manufacturer of specialty labeling and marking products. The acquisition closed on December 22, 2020. Terms were not disclosed.
The SACMI Group established a new Tray Forming Business Unit within SACMI Packaging & Chocolate, moving production to its Castel San Pietro facility to strengthen packaging and chocolate equipment business.
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.
SCG Packaging completed its acquisition of a 94.11% stake in Bien Hoa Packaging (SOVI), a listed Vietnamese corrugated box maker, for about 2.07 trillion dong. The deal closed on 18 December 2020, with SOVI consolidated from January 2021.
Fisker designed and supplied packaging equipment for Crispy Food's new Ota Solgryn production plant in Nakskov, Denmark, including a vertical carton filling machine, check weigher, metal detector, wrap-around machine, and labelling unit.
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.
Golden West Packaging Group has installed an industrial-scale HP PageWide C500 digital corrugated press at its Heritage site in Livermore, California, to target wine and spirits packaging demand.
De Jong Packaging is building a new multilayer distribution centre with storage and production space in De Lier, Netherlands, with real estate company WDP as investor and developer, to add production capacity. Completion is expected in 2022.
Berlin Packaging has acquired Spanish plastic packaging company Repli, based in Barcelona. It is the ninth Berlin Packaging acquisition in Europe since 2016.
German packaging equipment manufacturer KHS is acquiring a stake in Swiss seaming machine specialist Ferrum, pending antitrust approval. The deal aims to combine competencies for more integrated can filling and seaming systems.
Novolex has acquired the business of B&H Bag Company, a paper bag manufacturer with one plant in Brookshire, Texas, to add production capacity to its Duro Bag operations. The announcement was made on 15 December 2020.
Kemira formed an exclusive partnership with Danimer Scientific to develop biodegradable aqueous barrier coatings for paper and board products using Danimer's Nodax PHA biopolymer.
Liveo Research has entered a strategic partnership with Plásticos DISE SA to supply blister films to pharmaceutical manufacturers in Argentina, leveraging DISE's local platform in Córdoba.
BC Partners, through IMA BidCo, launched a mandatory tender offer for IMA, a packaging machinery manufacturer, at €68 per share, valuing IMA at €2.93 billion. The offer closes on 14 January 2021.
TCG Solutions, a subsidiary of Thailand's SCG, registered to buy over 12 million shares (94.11%) of Vietnamese carton packaging maker Bao bi Bien Hoa, valued at about 978 billion VND. Transactions are expected between December 16 and 31, 2020.
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.
Turkish film producer Polibak has purchased two BOBST EXPERT K5 2450mm metallizers with AlOx GEN II and AluBond processes to raise metallizing capacity. The first machine is already in production and the second will be installed next year.
Fedrigoni S.p.A. completed the acquisition of Industrial Papelera Venus, a Mexico City-based producer and distributor of self-adhesive materials with a turnover of approximately $18 million and 100 employees.
August Faller, part of Faller Packaging, is installing a Koenig & Bauer Rapida 76 double-coater offset press at its Łódź plant in Poland, due to enter production in spring 2021 and raise carton output to about 1 billion units per year.
August Faller, part of Faller Packaging, is installing a Koenig & Bauer Rapida 76 double-coater offset press at its Łódź plant in Poland, due to enter production in spring 2021 and raise carton output to about 1 billion units per year.