UK-based corrugated cardboard maker DS Smith has completed acquisition of a 80% stake in American packaging firm Interstate Resources from Merpas for $835m. DS Smith holds the option to buy out the remainder 20% stake in Interstate ...
Flexible packaging firm Uflex has unveiled new aseptic filling machine, Asepto Smart 78, at this year’s PackEx India event. The event has been conducted from 21 to 23 August in New Delhi. The new advanced filling machine has a ...
Tags: PackEx India 2017, packaging
Investment holding firm Long4Life has agreed to acquire South-Africa based contract packaging firm Inhle Beverages for around R360m ($27.2m). Based in Heidelberg of Gauteng, Inhle is specialized in the canning and bottling of carbonated ...
Paper and packaging firm Smurfit Kappa has acquired Russia-based corrugated packaging company, Soyuz, for an undisclosed sum. Based in Moscow, Soyuz manufactures corrugated packaging products for a range of sectors. It has around 300 ...
Aerosol packaging firm Lindal Group has introduced new FlipClassic, which is an insert-less actuator with an integrated cap. The new solution, which will serve as an alternative to twist-lock actuators, can be used by regional brands and ...
Austria-based plastic packaging firm Greiner Packaging has acquired the remaining 49% stake in Turkish joint venture (JV). Greiner acquired 51% majority stake in Teknik Plastik and Teknik IML in 2015, which were merged to form Teknik ...
Tags: Packaging, Remaining Stake
Flexible packaging firm ProAmpac, part of the Pritzker Group Private Capital portfolio of companies, has completed the acquisition of Clondalkin Flexible Packaging Orlando from Holland’s Clondalkin Group. The companies did not ...
Tags: Flexible Packaging, Packaging
Corrugated packaging firm WestRock has priced $500m aggregate principal amount of 3.00% senior notes due 2024 and $500m aggregate principal amount of 3.375% senior notes due 2027. The notes will be guaranteed by certain WestRock ...
Tags: Corrugated packaging, packaging
Packaging products supplier Crown Holdings has achieved one of its sustainability goals by decreasing energy consumption by 5.3% per billion standard units. In 2016, the company announced that it will reduce energy consumption by 5% per ...
Tags: Packaging
PET packaging firm Petainer is set to exhibit its petainerKeg portfolio at this year’s Drinktec event in Germany. The event will take place from 11 to 15 September in Munich. Petainer has partnered with its official distribution ...
Tags: PET packaging, Drinktec 2017
Ivory Coast’s flexible packaging firm Socipack has installed a suite of Comexi printing and converting equipment as both the firms expand their partnership. Socipack installed Comexi F2 MB flexographic press, Comexi Dual laminator ...
Tags: Ivory Coast, Comexi, flexible packaging
US corrugated packaging firm Westrock has reported net sales of $3.69bn for third quarter ended 30 June 2017, compared to $3.59bn for the same period last year. Net incone was $328.1m in the quarter, compared to $92.3m in the year-ago ...
Tags: corrugated packaging, packaging
US-based industrial distributor of paper and print solutions Mac Papers has acquired Florida Graphic Supply for an undisclosed sum. The acquisition will allow Mac Papers to distribute Roland equipment to its Southeastern markets. It ...
Tags: Mac Papers, Packaging
Packaging firm Sonoco has reduced total water usage by about 5% in 2016, total energy usage by 0.52% and recovered the equivalent (by weight) of 57% of the product that Sonoco places into the marketplace through recycling, according to the ...
Tags: Sonoco, Energy Usage
England based packaging firm WaveGrip has teamed up with Palmer Canning Systems, a provider of can filling and seaming technology solutions, to set its footprint in the US market. According to the agreement, the G1 and G2 variants of the ...