The briefing on the latest developments
The news and data you need to know about the packaging industry
Pipeline Packaging acquires HAZMATPAC
US-based rigid industrial container distributor Pipeline Packaging has acquired packaging developer HAZMATPAC. Financial details of the acquisition have not been disclosed by both the parties.
Paperboard packaging manufacturer Southern Champion Tray (SCT) has announced a new $84.9m investment to expand operations in Chattanooga, Tennessee, the US.
Dover completes acquisition of Solaris Laser
US-based diversified global manufacturer Dover has completed the acquisition of Poland-based Solaris Laser for an undisclosed sum. Solaris specialises in supplying advanced fibre, ultraviolet and CO2 laser systems for product marking and coding in industrial and packaging applications.
Speciality label and packaging solutions provider CCL Industries has agreed to acquire Graphic West International ApS (GWI). Under the binding agreement, GWI will be acquired for an enterprise value of around $36m, net of cash and debt.
Consumer products packaging provider Graphic Packaging has increased its ownership interest in the International Paper merger. The company has made a second $250m acquisition of International Paper’s minority partnership interest.
Aluminium rolling and recycling company Novelis and premium portioned coffee provider Nespresso have partnered to launch a sustainable coffee capsule. Nespresso’s new capsules have been produced using 80% recycled aluminium.