ProMach

ProMach acquired Lako Tool & Manufacturing, strengthening its flexible packaging capabilities in the consumer-packaged goods sector.

ProMach, a processing and packaging machinery maker, has acquired TechniBlend, a provider of engineered liquid processing systems for beverages, dairy and chemicals. The deal expands ProMach's processing technology portfolio. Financial terms were not disclosed.

Allpax, a PROMACH brand, completed its move to a new Covington, Louisiana facility, more than doubling its office and manufacturing area from 40,000 to 86,000 sq ft.

Allpax Products, a ProMach brand, will build an 80,000 square foot headquarters and manufacturing center in St. Tammany Parish, Louisiana, replacing existing facilities. The $7 million investment retains 55 jobs and creates five new direct jobs.

ProMach acquired Jet Label & Packaging, a Edmonton-based label maker with seven offices across Western Canada, to expand its labeling and coding capabilities. The announcement was made on 30 October 2019 and no value was disclosed.

ProMach and its Brenton brand supplied a custom robotic case erecting and end-of-line packaging system for an unnamed major PET and HDPE plastic container manufacturer, which started up quickly after factory testing.

Leonard Green & Partners is reportedly nearing a deal to acquire packaging company Pro Mach Group from AEA Investors for more than $2.2 billion including debt, according to Reuters.