Innovations & New Products
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Packaging producer Multivac invests US$5.6m in expansion of Bulgarian facility
BULGARIA – Multivac one of the leading providers worldwide of packaging solutions is investing US$5.6 million in expanding production works at its site in Bozhurishte,…
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Ishida Europe opens center of excellence in Czech to train clients on packaging line equipment
CZECH REPUBLIC – Ishida Europe, a leading supplier of complete weighing and packing line solutions, has opened a new center of excellence in Prague, Czech…
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Sealed Air acquires Irish packaging company Foxpak to expand European presence
IRELAND – Sealed Air, one of the leading packaging companies in the US, has acquired Irish packaging solutions company Foxpak Flexibles in an effort to…
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Multivac acquires portioning machines supplier TVI for undisclosed sum
GERMANY – Multivac Sepp Haggenmüller SE & Co, a leading suppliers of integrated packaging solutions, has acquired portion machines supplier TVI Entwicklung und Produktion for…
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Tetra Pak debuts India’s first holographic packaging, calls for cartons to be added to UK deposit return scheme plans
INDIA – Multinational food packaging and processing company Tetra Pak, has launched India’s first-ever locally manufactured holographic packaging material. The innovative packaging, called Tetra Pak…
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SIG bolsters sustainable packaging capabilities with US$1.53B acquisition of Scholle IPN
USA – Aspectic packaging manufacturer SIG Combibloc is set to expand its sustainable packaging capabilities with the acquisition of packaging solutions company, Scholle IPN, for…
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SIG to acquire Evergreen’s fresh carton business in Asia Pacific for US$335m
ASIA – Aseptic packaging supplier SIG has agreed to acquire Pactiv Evergreen‘s Asia Pacific fresh operations for an enterprise value of US$335 million. The business…
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Saxco expands shrink labeling capabilities with acquisition of We Sleeve-It
USA –Saxco International, a leading supplier of bottles, cans, and jars, has acquired the We Sleeve-It (WSI) assets from the RB Dwyer Group of Companies…
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SA paper packaging giant Corruseal Group seeks to acquire industry peer Neopak
SOUTH AFRICA – Ethos Private Equity through its Ethos Fund VI, has agreed to offload its 100% stake in South Africa-based paper and packaging business,…
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Berlin Packaging expands European footprint with acquisition of wine bottle company Gerfran
FRANCE – US-based supplier of packaging solutions Berlin Packaging is continuing its European expansion with the acquisition of French glass packaging company Gerfran SAS. Gerfran…