Macfarlane takes a significant stride in its growth trajectory with the announcement of its latest acquisition, B&D 2010 Group Limited, a leading protective packaging specialist based in the South of England. This move underscores Macfarlane’s strategy to expand its protective packaging domain through a mix of organic growth and strategic acquisitions. B&D: A Specialist Powerhouse […]
Tikehau Capital, a global alternative asset manager, has acquired a 25% stake in Brandart, one of the world’s leading providers of packaging and merchandising solutions for high-end consumer brands. The deal is targeted to boost Brandart’s expansion into new markets and enhance its sustainable and innovative practices. Maurizio Sedgh, the founder and CEO of Brandart, […]
Smurfit Kappa, a FTSE 100 company, and WestRock, an S&P 500 company, have announced a definitive transaction agreement worth $11 billion to merge and form Smurfit WestRock. The merger comes at a total consideration equivalent to $43.51 per WestRock share, based on the closing share price of Smurfit Kappa on September 11, 2023. The deal […]
In an industry-first, SIG and AnaBio Technologies have jointly launched the world’s first long-life probiotic yogurt, revolutionizing the probiotic beverages sector and the aseptic packaging industry. This ground-breaking innovation creates an entirely new product category—probiotic beverages in aseptic carton packs and spouted pouches that remain shelf-stable without refrigeration for extended periods. Until now, the incorporation […]
Australia-based Orora, a leader in sustainable and innovative packaging solutions, announces its plans to acquire Saverglass, a global leader in the design and manufacture of high-end bottles for premium and ultra-premium spirits and wine markets. With an enterprise value of €1.29 billion (A$2.15 billion), the acquisition promises significant value creation opportunities and is set to […]
Clearly Clean Products, LLC, the trailblazing company behind rolled-edge, recyclable food tray packaging, has introduced two innovative 100% recyclable overwrap food trays to their line-up: a 12-pocket meatball tray and a two-cell patty tray, each revolutionizing packaging with a patented smooth edge designed to eliminate overwrap film tears. Crafted from PET – the same eco-friendly […]
Amcor, a globally renowned force in responsible packaging solutions (NYSE:AMCR, ASX:AMC), revealed its latest move to purchase Phoenix Flexibles, marking a pivotal stride in augmenting its stronghold in the rapidly advancing Indian arena. Located in Gujarat, Phoenix Flexibles’ establishment racks up an annual revenue nearing US$20 million through the sale of its flexible packaging, spanning […]
Veritiv Corporation (NYSE: VRTV), renowned for distributing packaging, facility solutions, and print products, announced its definitive agreement for acquisition by Clayton, Dubilier & Rice’s (CD&R) affiliate. Shareholders of Veritiv are set to gain handsomely from the deal, receiving a cash value of $170 for each share. This valuation signifies a substantial 31% premium over the […]
Zeus Group, a global packaging solutions provider based in Ireland, announced today that it has acquired the well-established paper conversion firm, Cima Paper S.p.A. for an undisclosed price. Cima Paper, boasting annual revenues of €65 million, was founded over 150 years ago in 1870 and has grown to become one of Europe’s most trusted convertors […]
ProAmpac, a flexible packaging company, has introduced its fiber-based Modified Atmosphere (MA) Packaging RAP Sandwich Wedge to the North American market, in a significant move toward enhancing product freshness and sustainability. Primarily designed for sandwiches and wraps, the innovative package cleverly merges the benefits of modified atmosphere packaging with sustainable fiber materials. This market entry […]