Integrated Packaging Solutions

Xano Industri completed its acquisition of Integrated Packaging Solutions, a Denver-based canning-industry packaging company with about $16 million turnover, for $21 million in cash, announced August 22, 2023.

XANO signed an agreement, through a subsidiary, to acquire all shares in Integrated Packaging Solutions and its subsidiaries, based in Denver, Colorado. IPS supplies machine equipment and integration technology to metal can manufacturers.