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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

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

Corrugated Synergies International Invests in Full Ecosystem of EFI Technologies

Feb 24, 2018

US-based Corrugated Synergies International (CSI) has invested in Electronics For Imaging’s (EFI) full ecosystem of technologies, as part of its efforts to advance its corrugated packaging operations. The company purchased full ...

Tags: Corrugated Synergies, Electronics

XRite eXact Family Supports Latest ISO 20654 Standard for SCTV

Dec 21, 2017

X-Rite’s eXact family of handheld spectrophotometers is now supporting new ISO standard for Spot Color Tone Value (SCTV). eXact allows printers and packaging converters to understand, control, manage, and communicate color through ...

Tags: ISO standard, spectrophotometers

Praxis Packaging Selects Tracelink for DSCSA Compliance

Oct 13, 2017

Praxis Packaging Solutions has selected TraceLink to help its pharmaceutical manufacturing customers comply with the serialization deadline for the US Drug Supply Chain Security Act (DSCSA) After experiencing connectivity challenges with ...

Tags: Praxis Packaging, Packaging

Huhtamaki Buys International Paper's Foodservice Packaging Operations in China

Sep 11, 2017

Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...

Tags: Foodservice Packaging, Paper

Krones to Invest in Training and Technology Center in Southeastern Wisconsin, US

Aug 17, 2017

US-based packaging and bottling line systems manufacturer Krones is investing in a new training and technology center in southeastern Wisconsin, US. The 40,000ft² facility, which will serve the company’s customers and ...

Tags: Krones, packaging, bottling line systems

Huhtamaki to Buy International Paper's Foodservice Packaging Operations in China

Jul 5, 2017

Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...

Tags: Huhtamaki, Foodservice Packaging

Bemis' Global Packaging Net Sales Increases in Q1 2017

May 2, 2017

Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...

Tags: Packaging, Bemis Company

2 Sisters Food Plans to Close Smethwick Poultry Plant in UK

Apr 12, 2017

2 Sisters Food Group is planning to close its Smethwick poultry processing facility in the West Midlands, which could impact 630 jobs. The ageing poultry factory located at Bevan Way in the Alpha Business Park has considerable challenges ...

Tags: 2 Sisters Food, Smethwick Poultry

Europac Buys Integrated Packaging Plant in Lucena, Spain

Apr 7, 2017

Spanish containerboard and corrugated packaging manufacturer Europac Group has acquired packaging plant in the town of Lucena, in Cordoba, for €9.8m to boost its packaging operations. The firm acquired two companies that jointly own ...

Tags: Integrated Packaging, packaging

Sonoco Plans to Invest $20m in New Packaging Center in North America

Dec 13, 2016

US-based packaging firm Sonoco is planning to invest $20m in the development of a new packaging center to support Duracell’s new North America battery packaging operations. The company said its Display and Packaging unit will be ...

Tags: Sonoco, Packaging

TeaBox Introduces New Loose Leaf Tea Bags

Nov 18, 2016

India-based e-commerce firm TeaBox has introduced new individually packaged tea bags called TeaPacs. The new packaged tea bags are sealed at the source by using a natural nitrogen flush, helping to preserve flavor and freshness. TeaBox ...

Tags: TeaBox, TeaPacs

UPS, Sealed Air Collaborate to Offer E-Commerce Packaging and Shipping Solutions

Nov 17, 2016

UPS has collaborated with Sealed Air Corporation to offer advanced e-commerce packaging and shipping solutions for the retailers, e-tailers and other businesses. The solutions will help to maximize the efficiency of their packaging ...

Tags: E-Commerce Packaging, Shipping

New Mill, Tiger Capital Acquire General Mills’ Indiana Dough-Products Plant

Nov 17, 2016

New York based New Mill Capital Holdings and Tiger Capital Group, through their joint venture, have acquired a manufacturing plant in Indiana operated by General Mills. However, the financial details to purchase the dough-products ...

Tags: New Mill Capital Holdings, joint venture

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