Sonoco, one of the largest diversified global packaging companies in the world, will acquire a majority interest in Graffo Paranaense de Embalagens S/A, a flexible packaging business in Brazil.
Business Management - M&A
Labels Unlimited and A&M Label have combined to create Fortis Solutions Group. The new company will provide extended booklet printing, variable data printing, multi-ply coupon printing, and flexible packaging printing, in addition to label printing.
Multi-Color Corp. has acquired Dublin-based New Era Packaging, a converter specializing in labels for the healthcare, pharmaceutical and food industries with annual revenues of approximately $14 million.
Atlantic Packaging Products, based in Toronto, has formed a joint venture sheet feeder plant that will operate in Carol Stream, IL. The joint venture, called BlackHawk Corrugated, will be co-owned and operated by Atlantic and its partner, StandFast Packaging.
Glenroy Inc., a converter and printer of flexible packaging, has concluded an agreement to acquire the pouch converting operations of PF Flexibles, formerly known as Pouch Converting Technologies Inc. or PCTI.
Rock-Tenn Co., North America's No. 2 packager, this week announced it will merge with MeadWestvaco Corp. to create a company with a combined market value of about $18 billion. The deal could drive market leader International Paper Co.—which had also been considered a potential buyer for MeadWestvaco—to come up with an acquisition of its own to stay competitive, said Todd Wenning of Morningstar Inc.
RockTenn and MeadWestvaco have announced that they have entered into a definitive combination agreement to create a leading global provider of consumer and corrugated packaging in a transaction with a combined equity value of $16 billion.
HP Mile, a Syracuse, NY-based label printing company, has acquired all assets of Geneva, NY-label converter Lauraville Packaging.
Hear today’s leading industry M&A experts share how to stay abreast of today’s valuation multiples, deal structures and growth markets.
There are several themes that are dominating today's mergers and acquisition (M&A) marketplace. The most prevalent theme is the use of M&A to expand the global footprint of the buyer. Packaging companies are finding it easier to buy their way into geographic expansion rather than build their way.