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Fortis Solutions Group Acquires Label Tech Inc.
04.04.2022

Fortis Solutions Group LLC, a leading provider of high impact printed packaging solutions and a portfolio company of funds managed by Harvest Partners, LP, is pleased to announce the acquisition of Label Tech Inc. based...

Decowraps Completes Acquisition of Flopak USA
04.04.2022

Decowraps, a leading packaging supplier to the floral industry, announced it has completed its acquisition of Flopak USA, a major player in pre-formed pot covers and floral delivery systems. Decowraps partnered with Palladin Consumer Retail...

CCL Industries to Acquire Adelbras Brazil
04.04.2022

CCL Industries Inc. announced it has signed a binding agreement to acquire privately owned Adelbras Indústria e Comércio de Adesivos Ltda. and Amazon Tape Indústria e Comércio de Fitas Adesivas Ltda., headquartered in Vinhedo near...

Ecolean to Bring on New CEO, Marie Samuelsson Appointed
04.04.2022

Marie Samuelsson has been appointed CEO of Ecolean following Peter L. Nilsson’s planned retirement after more than 15 years in the company, in June 2022. Marie Samuelsson will assume the CEO role on 1 June...

Heidelberg Names Dr. Ludwin Monz as CEO
04.01.2022

Heidelberger Druckmaschinen AG has named Dr Ludwin Monz (58) as CEO. Monz succeeded Rainer Hundsdörfer (64) as chairman of the Management Board of Heidelberger Druckmaschinen AG. Hundsdörfer, who held the post for six years, is...

Greif, Inc. Completes the Sale of Flexible Packaging Joint Venture to Gulf Refined Packaging
04.01.2022

Greif, Inc., a global leader and industrial packaging solutions provider, announced that it has completed its previously announced divestiture of the Flexible Packaging joint venture, or "FPS" for a total cash consideration of $123 million,...

Sonoco Acquires Remaining Interest in Brazil Flexible Packaging Joint Venture
04.01.2022

Sonoco, one of the largest global sustainable packaging companies, announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors. Sonoco acquired its...

FDA Proposed Rule for Traceability—Are You Prepared?
04.01.2022

Perishable items and nut butters will be among foods requiring increased traceability records under FDA proposed ruling expected later this year. Automation, increased due diligence, and additional staffing are in offing for affected food processors....

Jindal Poly Films Signs an Agreement with Brookfield
03.31.2022

A definitive agreement has been signed by BC Jindal Group organization’s Jindal Poly Films with Brookfield, a Canadian investor, for raising about Rs 2000 crore by selling a valuable minority stake in the business of...

BillerudKorsnäs Completes Acquisition of Verso
03.31.2022

BillerudKorsnäs announces the completion of its acquisition of Verso for a purchase price of approximately USD 825 million in cash. Verso is a leading producer of coated paper in North America, with 2021 net sales...

Cosmo Films Announces CPP Film Expansion
03.30.2022

Cosmo Films Limited, a global leader in films for packaging, labelling, lamination, and synthetic paper and an emerging player in specialty chemicals, polymers, and pet care announced expansion by setting up CPP film production line...

Five Star Holding Announces Investment in Growth Strategy
03.30.2022

Five Star Holding, an integrated flexible packaging company based in Houston, Texas, is proud to announce a partnership with affiliates of The Jordan Company, L.P., a private equity firm with four decades of experience enabling...

All Conditions for BillerudKorsnäs’ Acquisition of Verso Have Been Fulfilled
03.29.2022

All regulatory approvals required for BillerudKorsnäs’ acquisition of Verso, which has been communicated previously, have now been obtained. Therefore, BillerudKorsnäs and Verso agreed that all conditions for completion of the transaction have been fulfilled. The...

Kendall Packaging Promotes David Roche to CFO; Adds Adam Osterhaus as Controller
03.29.2022

Kendall Packaging Corporation, a provider of high-quality flexible packaging solutions serving a variety of markets inside the food, personal care, and pet food industries, announced that David Roche has been promoted to CFO at the...

All American Label & Packaging has Merged with Western Shield Label and Packaging, Expanding Product and Service Offerings to the Label Industry
03.28.2022

All American Label & Packaging has merged with Western Shield Label and Packaging, a leading provider of pressure-sensitive prime labels and packaging solutions to the food & beverage, health & beauty, and industrials sectors. Western...

FPA Announces 2022 Flexible Packaging Achievement Award Winners
03.24.2022

The Flexible Packaging Association (FPA), the leading advocate and voice for the growing U.S. flexible packaging industry, is pleased to announce the winners of its 66th Annual Flexible Packaging Achievement Awards Competition. The winning entries...

Investing in Flexible Packaging and Recycling to Promote Sustainable Growth
03.23.2022

Huhtamaki’s drive for innovations in sustainability is exemplified with the acquisition of Elif, a prominent enterprise in the flexible packaging business whose products are already nearly all recyclable. Their technologies in flexo printing and polyethylene...

Parkside Expands Board to Support Rapid Growth
03.22.2022

Parkside, a UK-based flexible packaging specialist, has appointed three new members to its board as the business experiences significant international growth. The board expansion has added close to 100 years of industry experience to the...

ALTANA Reports Double-Digit Sales Growth in 2021
03.21.2022

ALTANA closed the 2021 fiscal year with record results. Sales rose by 22% to €2,667 million (previous year: €2,178 million). As a result, the specialty chemicals group achieved its strongest growth in the past 10...

ePac Flexible Packaging Set To Accelerate Growth
03.16.2022

Established in 2016, and just 6 years old, ePac Flexible Packaging is doubling down on the aggressive growth strategy it has deployed since the company’s creation. ePac will continue to focus on helping small and...

Sterile Packaging Day Celebrates Industry’s Collaborative Spirit
03.15.2022

Despite the challenges of the last two-plus years, the sterile packaging community remains steadfast in its commitment to protect and serve patients and their caregivers. Every stakeholder — from regulatory agencies and manufacturers to sterilization...

Stora Enso’s Annual General Meeting and Decisions by the Board of Directors
03.15.2022

Stora Enso Oyj’s Annual General Meeting was held on 15 March 2022 at the Company's Head Office in Helsinki, Finland. In order to prevent the spread of the Covid-19 pandemic, a shareholder or his/her...

Tredegar Reports Fourth Quarter and Full Year 2021 Results
03.11.2022

Tredegar Corporation reported fourth quarter and full year financial results for the period ended December 31, 2021. Fourth quarter 2021 net income from continuing operations was $21.4 million ($0.63 per diluted share) compared to $6.5...

LPS Industries LLC Recertified to Latest ISO Standards
03.11.2022

LPS Industries, Moonachie NJ, a vertically integrated flexible packaging manufacturer, has been recertified to the latest ISO standards having passed the ISO 9001:2015 surveillance audit. The company has maintained an ISO certification for more than...

PCMC, BW Converting Solutions Augment Leadership Team
03.11.2022

Paper Converting Machine Company (PCMC), as part of Barry-Wehmiller’s Converting Solutions platform, has filled several key roles on the leadership team in Green Bay in alignment with the platform’s strategic plan to grow local operations...

Verso Announces Stockholder Approval of Merger Agreement with BillerudKorsnäs
03.11.2022

Verso Corporation announced that, at a special meeting of stockholders held, its stockholders voted to approve the previously announced merger with BillerudKorsnäs AB as well as other related proposals. The merger proposal was supported by...

Action Packaging and Signature Flexible Packaging Complete Acquisition, Rebrand
03.09.2022

Action Point, Inc. and Signature Flexible Packaging, Inc., an H.I.G. Capital portfolio company, has announced the acquisition of Techflex Packaging, LLC. Headquartered in Gardena, CA, USA, Techflex provides pouch converting capabilities to short-run, high-SKU...

Toray Plastics (America), Inc., Finalizes the Sale of Its Old Baptist Road Facility to Trico Specialty Films
03.09.2022

Toray Plastics (America), Inc., announces that it has completed the sale of its Old Baptist Road (OBR) plant building and assets to Trico Specialty Films of North Kingstown, Rhode Island, an affiliate of Arlin Mfg. Co., Inc., of Lowell,...

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