Private equity firm MSD Partners buys blow molder Ring Containerby Canadian Plastics
Blow molder Ring Container Technologies Corporation is being sold to MSD Partners LP, an investment business backed by Michael Dell, founder of Dell Inc. Ring Container, which reported annual sales of more than US$300 million, makes high density polyethylene and…
Going the extra miles for Aokiby Canadian Plastics
Jose Penaloza will rack up at least 20 trans-Pacific flights this year as part of his push to increase Japanese injection stretch-blow molding machine maker Aoki’s presence in Canada. That’s a lot of hang time, but it’s beginning to pay off.
Intertape Polymer expands Pittsylvania County, Virginia facilityby Canadian Plastics
Packaging product supplier Intertape Polymer Group (IPG) is investing US$7 million to add manufacturing and distribution capacity at its facility in Pittsylvania County, Virginia. IPG, which has corporate headquarters in Montreal and Sarasota, Fla., develops, manufactures, and sells a variety…
Sealed Air buys Singapore-based foam maker Fagerdalaby Canadian Plastics
Fagerdala, established in 1983 with headquarters in Singapore, has 14 manufacturing facilities, employs more than 1,300 people in China, Thailand, Singapore, Malaysia, Mexico and the United States, and generated $80 million in sales in 2016.
Amcor considering potential takeover of rival Bemis: reportsby Canadian Plastics
Australia-based packaging giant Amcor Ltd. is considering a takeover of rival Bemis Co., news reports are saying. According to Reuters and Bloomberg news agencies, Amcor is working with advisers to explore a bid for Bemis, which has a market value…
Flexible packager ProAmpac buys PolyFirst Packagingby Canadian Plastics
Headquartered in Wisconsin, PolyFirst produces printed/customized roll stock and various types of plastic pouches and bags.
Veritiv acquires rigid packager All American Containersby Canadian Plastics
The acquisition is designed to provide Veritiv with additional marketing, selling, and distribution channels into the North American rigid packaging market.
Quebec flexible packager Gelpac soldby Canadian Plastics
The company has been purchased by two new co-owners: investment firm Namakor Holdings, which is headquartered in Montreal, and institutional investor Caisse de depot et placement du Quebec.
ProAmpac acquires Clondalkin Flexible Packaging Orlandoby Canadian Plastics
The business will become part of the ProAmpac brand and operate as a part of the Extrusion and Laminations Division.
Thierry Fabozzi named new president of PTIby Canadian Plastics
Packaging design company Plastic Technologies Inc. (PTI) has named Thierry Fabozzi as its new president. Effective immediately, Fabozzi will be responsible for global operations and will report to the company’s board of directors. In 2012, Fabozzi joined Holland, Ohio-based PTI…
Sealed Air acquires Brazilian flexible packager Deltaplamby Canadian Plastics
Food packaging supplier Sealed Air Corporation is acquiring Brazilian flexible packaging maker Deltaplam Embalagens Indústria e Comércio Ltda for an undisclosed price. Founded in 1994, Deltaplam primarily serves the food industry, extruding high-barrier shrinkable bags, multilayer films, laminates, and pouches.…
Bottle maker Axium buying plant in Missouriby Canadian Plastics
Plastic container, caps and closures maker Axium Plastics Inc., which has a manufacturing plant in Mississauga, Ont., is opening a new plant in Missouri. As announced by the Jefferson City Chamber of Commerce, in Jefferson City, Missouri, Axium is investing…
Cott selling beverage manufacturing business in $1.25 billion dealby Canadian Plastics
Canada-based Cott is selling its bottling operation to Dutch drinks giant Refresco Corporation.
Packaging supplier Multi-Color buying Constantia Flexibles’ labels divisionby Canadian Plastics
In a statement, Batavia, Ohio-based Multi-Color said that the $1.3 billion deal would complement its wine and spirits business with what it called Constantia’s strength in the food and beverage sector.
Chantler Packaging creates JV with Pakistani flexible packagerby Canadian Plastics
Called Chantler Packages Inc., the new company will assume the employees and operations of Chantler Packaging, which is headquartered in Mississauga, Ont.
Sonoco buying Clear Lam Packaging for $170 millionby Canadian Plastics
In a bid to expand its global flexible packaging and thermoforming plastics operations, Sonoco Products Co. is acquiring Clear Lam Packaging for US$170 million. Founded in 1969, Clear Lam develops and manufactures flexible and rigid packaging materials – including multi-layer…
Ontario bottler Salbro acquired by TricorBraunby Canadian Plastics
Headquartered in Woodbridge, Ont., Salbro also operates in Quebec and Newfoundland.
Alpla buys Italian bottle maker Propackby Canadian Plastics
Propack specializes in the production of HDPE and PET bottles for home care. The purchase is Alpla’s second acquisition in June 217.
IPL’s cart business keeps on rollingby Canadian Plastics
This Quebec-based injection molder exited the auto parts molding business and, led by its production of wheeled carts, is now killing it as one of North America’s leading suppliers of products for the environmental, bulk food, and retail sectors.
ProAmpac receives “Spirit of Excellence” award from Hormel Foodsby Canadian Plastics
For the third straight year, flexible packaging supplier ProAmpac has won a Spirit of Excellence Award from its customer Hormel Foods.