Scholle IPN, a spouted pouch and bag-in-box packaging maker in the Americas and Asia, is merging with SIG, a European carton packaging company. The companies plan to offer a broader range of sustainable packaging solutions.
Scholle IPN will invest $31.1 million to expand its Smyth County operation by 73,000 square feet, adding new film extrusion and packaging lines and 75 jobs, plus new rail track for resin deliveries. The announcement was made on June 1, 2022.
Scholle IPN agreed to be acquired by SIG, a Swiss aseptic carton packaging company, creating a combined firm with nearly 8,000 employees and 69 sales and manufacturing sites. The announcement was made on February 1, 2022.
Swiss packaging company SIG Combibloc is acquiring privately held U.S. packaging maker Scholle IPN for an enterprise value of EUR 1.36 billion ($1.53 billion) to strengthen its sustainable packaging position. The deal is to be financed with shares and cash.
Scholle IPN, partnering with Georgia-Pacific's corrugated packaging solutions, released a bag-in-box pack for liquids certified by Amazon as ship in own container, in sizes from 2 to 23 litres without shrink wrap.
Scholle IPN opened a new flexible packaging manufacturing plant in Santiago, Chile, producing bag-in-box and spouted pouch packaging for institutional and retail markets. The building covers 2,000 m2.
Scholle IPN opened a 6,000 square meter flexible packaging plant in Palghar, India, which began operations on December 14, 2016. The facility makes aseptic bag-in-box packaging, drum bags and fitments for the local tropical fruit juice industry.