Huhtamaki enters the foodservice packaging market in India

Huhtamaki has acquired 51% of Val Pack Solutions Private Limited ("Valpack"), a privately held paper cup manufacturer based in Mumbai, India. With the acquisition Huhtamaki enters the growing foodservice packaging market in India, where many of its key customers already are present. Valpack's annualized net sales are approx. EUR 4 million and it employs approx. 100 people in its manufacturing unit in the Mumbai area. The debt-free purchase price was approx. EUR 2 miread more

22.09.2016 read more

Mondi moves into Europe with spouted pouches

Packaging converter Mondi has upgraded its Solec, Poland plant with machinery that enables the company to produce spouted flexible pouches for the European market, at a time when flexible packaging is seeing a marked increase in demand across the region. The market for stand-up pouches (SUP) is growing considerably with the global market for spouted pouches set to hit some 38 million units by 2020. Their growing popularity on the shelves is a result of their convenience in usread more

21.09.2016 read more

CVC acquisition of AR Packaging completed

ÅR Packaging Group AB is pleased to announce the closing of the previously announced agreement with CVC Capital Partners to acquire the Group from Ahlstrom Capital and Accent Equity. The transaction has been successfully completed today. Founded in 2011 through the merger of A&R Carton and Flextrus, AR Packaging is one of Europe’s leading packaging companies with sales of approximately 560 MEUR (pro forma 2015) and 2200 employees across 17 factories in 9 countries. The coread more

19.09.2016 read more

Acquisition of Clondalkin Flexible Packaging Group by Egeria

Egeria, the Dutch based private equity firm has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group (“Clondalkin”) from an affiliate of Warburg Pincus. Completion of the transaction is expected to occur in Q4 2016. Clondalkin Flexible Packaging Group (“Clondalkin”) is a global flexible packaging manufacturer focused on delivering high quality innovative packaging solutions. Clondalkin comprises 11 manufacturing sites in The Netherlands, Gread more

13.09.2016 read more

Toblerone triangle loses out to Coke bottle as most iconic pack

The Toblerone triangle is the most iconic packaging after Coca-Cola’s contour bottle, according to a new survey of 1,500 Brits. The research, which explored the influence of packaging and branding on everyday shoppers, found that one in six thought that the Coca-Cola bottle was the most identifiable in terms of packaging and was just as recognisable without its logo or the product itself. The Marmite jar came in third place, according to the study, which was commissioned by Pread more

09.09.2016 read more

Amcor to buy Sonoco's rigid plastics blowmolding unit for $280 million

Sonoco (Hartsville, SC) has agreed to sell its rigid plastics blowmolding business for $280 million to global packaging company Amcor (Melbourne, Australia). The deal will expand Amcor's rigid plastics division located in Ann Arbor, MI, and allow the company to access U.S customers, Amcor said. The acquisition remains subject to regulatory approvals. Sonoco manufactures custom rigid plastic bottles, jars, overcaps and closures for the food, beverage, pharmaceutical, health anread more

05.09.2016 read more

Janoschka invests in new Cellaxy generation

As a leading supplier in the packaging market, Janoschka has invested in the latest generation of future technology Cellaxy by Hell Gravure Systems. The installation of the C500 Direct Laser at Janoschka’s largest production site in Kippenheim is scheduled for the autumn. The Kippenheim installation will be the fourth Cellaxy Direct Laser within the Janoschka network and serve customers from a variety of different industries, including tobacco and flexible packaging. Optimisread more

01.09.2016 read more