Acquisitions

Fort Washington, Pennsylvania based Amtech, LLC, an industrial software solutions provider to the packaging industry, announced the completed acquisition of Label Traxx and its leading software suite for the label printing and flexible packaging segments. Amtech said the combination further solidifies its position as a sought-after industrial software platform to the…

The European Commission has approved the proposed merger between Smurfit Kappa Group plc, and WestRock Company, according to Competition Policy International. Dublin, Ireland based Smurfit Kappa and Atlanta, Georgia based WestRock announced plans of a possible combination in September 2023 that would create Smurfit WestRock, a global leader in sustainable packaging….

Memphis, Tennessee based International Paper (IP) and London, England based DS Smith announced that they have reached an agreement on the terms of an all-share combination to create a global leader of sustainable packaging solutions. IP will issue 0.1285 shares for each DS Smith share, resulting in pro forma ownership of…

(Reuters) International Paper (IP) has stirred up a potential bidding war over British paper packaging firm DS Smith, making a takeover offer that sent the shares of the FTSE-100 target over a two-year high. DS Smith said it was in discussions with International Paper over an all-stock offer from the US-listed…

The boards of Mondi Group and DS Smith announced that they have reached an agreement in principle in Mondi’s all-share offer to acquire DS Smith for $6.57 billion. The combination would create a mega paper and packaging company with a market value of nearly $13 billion.Under the terms of the agreement,…

Atlanta, Georgia based Graphic Packaging Holding Company and Clearwater Paper Corporation announced that Graphic Packaging International has signed a definitive agreement to sell its Augusta, Georgia bleached paperboard manufacturing facility to Clearwater Paper of Spokane, Washington for $700 million. “Augusta is an outstanding asset with a great team, which we concluded…

Atlanta, Georgia based Veritiv Corporation, a specialty distributor of value-added packaging, facility solutions and print products and solutions, announced that it has acquired Vivabox Solutions, a full-service provider of customized, premium marketing solutions including tailored, multi-brand kitting solutions and packaging products for global luxury and premium consumer brands. “This acquisition leverages…

Elkhart, Indiana based Welch Packaging, a family-owned business that operates a network of custom corrugated manufacturing companies, announced the acquisition of Innovative Packaging Solutions (IPS) in York, Pennsylvania. With operations in the Midwest and Midsouth, the acquisition expands Welch’s footprint into the Mid-Atlantic region. IPS is a corrugated manufacturer and packaging…

Falconer, New York based Jamestown Container Companies announced an agreement to acquire Midwest Box Company’s packaging business in Cleveland, Ohio, effective February 19, 2024. Terms of the agreement were not disclosed. “This purchase provides Jamestown Container Companies an immediate, exciting expansion and growth opportunity in Ohio,” said Joseph R. Palmeri, Vice…

Newtown Square, Pennsylvania based SupplyOne, Inc., one of the largest independent suppliers of corrugated and other value-added packaging products, equipment, and services in North America, announced that it has acquired Bacon & Graham, a packaging and facility supplies distributor in Paterson, New Jersey. Founded in 1939, Bacon & Graham successfully evolved…