India-based Max Ventures & Industries Limited (MaxVIL) said that its subsidiary Max Speciality Films Limited (MSFL), a speciality packaging films manufacturer will invest up to INR 500 million ($6.82 million) in a new cast polypropylene (CPP) Line. The new CPP Line will have a capacity of 7.2 kilo tonnes per annum (KTPA). According to Max […]
Paper Excellence, a Canadian pulp and paper manufacturer has agreed to acquire Domtar, a US-based provider of fiber-based products, for $55.5 per share in cash or about $3 billion. Domtar’s fiber-based products include communication, packaging, and specialty papers, market pulp, and airlaid nonwovens. The company employs nearly 6,400 people and serves over 50 countries. Listed […]
Ardagh Group, a supplier of infinitely recyclable metal and glass packaging, is set to establish a new beverage can and end plant in Huron, Ohio by converting a recently acquired facility. The new facility, which is slated to start production in late-2021 will manufacture infinitely recyclable beverage cans and ends. The Ardagh Huron manufacturing plant […]
AEA Investors-backed TricorBraun, a primary packaging distributor, has wrapped up its acquisition of Price Container and Packaging, a rigid packaging distributor which caters mainly to the industrial and food markets. The financial terms of the deal were not disclosed. Court Carruthers – president and CEO of TricorBraun said: “Our acquisition of Price Container is an important […]
Pipeline Packaging, a US distributor of rigid industrial containers, has acquired HAZMATPAC, which is engaged in the manufacturing and distribution of packaging containers for the safe transport of hazardous materials. Financial terms of the deal were not disclosed. HAZMATPAC was established in 1991 to address the demand created for certified packaging due to domestic and […]
Brook and Whittle, a provider of pressure sensitive and shrink sleeve prime labels, has acquired California-based Label Impressions for an undisclosed price. Label Impressions provides printed label solutions to brands and customers in growth-oriented segments of household and personal care, premium beverage, nutraceuticals, food, beauty and cosmetics, cannabis, and other end markets. Brook and Whittle […]
TASI Group has acquired Cassel Messtechnik, a manufacturer of metal detection and x-ray inspection systems for industrial applications, for an undisclosed price The acquisition will help TASI Group’s packaging integrity segment to further expand its global footprint in product inspection and packaging integrity. The packaging integrity segment of the company includes ALPS Inspection, Bonfiglioli Engineering, […]
Dunes Point Capital has made an undisclosed investment in Vanguard Packaging, Advanced Logistics & Fulfillment, and Great Plains Packaging (together called Vanguard). Vanguard, which is based in Kansas City, Missouri, is engaged in designing and manufacturing of high graphic corrugated displays, industrial packaging products, and retail-ready packaging. The company with nearly 200 employs also offers […]
Cascades acquisition of Orchids Paper Products assets : Cascades, a Canadian packaging and tissue producer, has acquired all of the assets of US-based Orchids Paper Products for a cash consideration of US$207 million, financed by the company’s credit facilities, as per the latest packaging industry news. Orchids Paper Products specializes in manufacturing a range of […]
Coveris acquisition of Amberley : European packaging company Coveris has acquired 100% of UK-based label producer Amberley Adhesive Labels, for an undisclosed price, as per the latest packaging industry news. Amberley is engaged in manufacturing self-adhesive labels at its plant in Dorset. Coveris acquisition of Amberley will further consolidate the former’s labels and board business. […]