Newtown Square, Pennsylvania based SupplyOne, Inc., one of the largest independent suppliers of corrugated and value-added packaging products, equipment, and services in North America, announced that it has expanded its footprint to the West Coast with the acquisition of Columbia Corrugated Box Company, Inc (CCB). CCB manufactures custom corrugated solutions, protective…
The Packaging Trust of Michigan City, Indiana announced the assets purchase of Parry Machine Company, Inc. and the creation of a three-company partnership between Samuel Parry, Jorson & Carlson Co., Inc., and Applied Solutions. Since 1899, Samuel R. Parry has provided the Rigid Box industry with the critical equipment and parts…
Resource Label Group (RLG), Franklin, Tennessee, a full-service provider of label and packaging solutions, has acquired Beyer Graphics, located in Commack, New York. Beyer Graphics will become part of RLG Healthcare, a specialty pharmaceutical and healthcare packaging business of Resource Label Group. Beyer Graphics represents the 32nd acquisition for RLG and…
Solana Beach, California based Tide Rock announced its acquisition of Premier Packaging Inc., a contract packaging company in Memphis, Tennessee. Tide Rock is an unlevered buyout firm that acquires companies with strong free cash flow, owning a portfolio of economically resilient business-to-business companies in the lower middle market, specifically in the…
Spokane, Washington based Clearwater Paper Corporation announced the completion of its strategic acquisition of the Augusta, Georgia bleached paperboard manufacturing facility from Graphic Packaging International. “I am pleased that we have finalized the acquisition of Graphic Packaging’s Augusta, Georgia, paperboard manufacturing facility,” said Arsen Kitch, President and Chief Executive Officer. “The…
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,…