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Graphic Packaging Buys Assets of Paperboard Converter PFP

Jun 14, 2018

Graphic Packaging International, a subsidiary of Graphic Packaging Holding Company, has agreed to acquire all the assets of PFP and its related entity PFP Dallas Converting for an undisclosed sum. PFP is an independent converter, which is ...

Tags: Graphic Packaging, Packaging, Paperboard

TCGRx Buys Arxium's Panasonic Fastpak EXP and FastPak 71 Pouch Packaging Business

Apr 8, 2018

TCGRx, a provider of pharmacy packaging and automation solutions, has acquired ARxIUM’s Panasonic FastPak EXP and FastPak 71 pouch packaging business line. The acquisition will help TCGRx to provide enhanced services to the hospital ...

Tags: packaging, Panasonic

Coveris to Divest Americas Packaging Business for $1.32bn

Apr 4, 2018

Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...

Tags: Coveris, Packaging

Huhtamaki to Buy Pressure Sensitive Labels Producer Ajanta Packaging

Mar 27, 2018

Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...

Tags: Ajanta Packaging, Packaging

Mesirow Financial Advises Fleetwood-Fibre Packaging & Graphics on Its Sale to Golden West Packaging Group

Mar 9, 2018

Mesirow Financial has served as the exclusive financial advisor to Fleetwood-Fibre Packaging & Graphics on its sale to Golden West Packaging Group, a portfolio company of Lindsay Goldberg. Headquartered in City of Industry, CA, Fleetwood ...

Tags: Mesirow Financial, Packaging

Berlin Packaging Buys UK-Based Packaging Supplier H. Erben

Mar 8, 2018

Berlin Packaging, through its subsidiary Bruni Glass, has acquired H. Erben, a UK-based supplier of closures, packaging, and packaging equipment for the food and drinks sectors. The acquisition is a part of Berlin Packaging’s ...

Tags: Berlin Packaging, Packaging

Smurfit Kappa Rejects $10bn Takeover Offer From International Paper

Mar 8, 2018

Irish packaging firm Smurfit Kappa has rejected €8.6bn ($10.6bn) takeover offer from the US-based International Paper. Smurfit Kappa said the unsolicited proposal from International Paper failed to reflect the company's strong growth ...

Tags: Smurfit Kappa, packaging

Graphic Packaging, International Paper Create $6bn Paper-Based Packaging Firm

Jan 16, 2018

International Paper has completed the transfer of its North America Consumer Packaging business to Graphic Packaging. Graphic Packaging holds 79.5% stake in the combined company, while IP owns the remaining 20.5% interest. In October ...

Tags: Graphic Packaging, Packaging

OptiGroup Acquires Packaging Businesses in Romania and Finland

Jan 15, 2018

OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...

Tags: OptiGroup, industrial packaging

Crown to Buy Industrial Packaging Firm Signode for $3.91bn

Dec 21, 2017

Consumer packaging firm Crown has agreed to acquire Signode Industrial Group Holdings (Bermuda) from Carlyle Group for $3.91bn. The transaction is expected to add strong franchise business to Crown's existing metal packaging business. ...

Tags: Industrial Packaging, packaging

WestRock Agrees to Acquire Plymouth Packaging

Dec 14, 2017

US-based differentiated paper and packaging solutions provider WestRock has signed agreements to acquire all of the assets of Plymouth Packaging, a corrugated packaging company, for an undisclosed amount. Under the terms of the deal, ...

Tags: Westrock, Plymouth Packaging

Sappi North America Upgrades Paper Machine at Cloquet Mill in Minnesota

Nov 16, 2017

Paper and packaging products supplier Sappi North America has invested $5.94m to upgrade Paper Machine 12 (PM12) at Cloquet mill in Minnesota, US. The investment was used to replace the headbox on PM12. It has added an advanced and ...

Tags: Paper, packaging products

Clariant Healthcare Packaging Facility in Cuddalore, India Starts Operations

Nov 6, 2017

Clariant has started operations of a new healthcare packaging facility in the Indian state of Tamil Nadu. Located in Cuddalore, the new facility will produce the company's line of Sorb-it, Tri-Sorb, 2-in-1 Can, and Getter Can sorbent ...

Tags: Clariant, Packaging

Packaging Corporation of America's Net Sales Increases in Third Quarter of 2017

Oct 27, 2017

Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...

Tags: Packaging, Special items

Graphic Packaging, International Paper to Form $6bn Paper-Based Packaging Firm

Oct 26, 2017

Graphic Packaging will create a $6bn paper-based packaging firm by combining with International Paper’s (IP) North American consumer packaging business. IP has agreed to contribute its business for around $1.8bn, of which $660m will ...

Tags: Graphic Packaging, packaging

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