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June 29, 2018updated 02 Nov 2021 9:23am

Deals & M&As this week: Smurfit Kappa Acquisitions, Hung Hing Printing Group

Smurfit Kappa Acquisitions has raised €600m ($699.35m) in a private placement of bonds due 2026.

Smurfit Kappa Acquisitions has raised €600m ($699.35m) in a private placement of bonds due 2026.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

Due 15 January 2026, the bonds carry a coupon rate of 2.875% per annum.

The company has engaged Citigroup, Credit Agricole CIB, Danske Bank A/S, HSBC Bank, and The Royal Bank of Scotland Group as book-runners for the transaction, while Clearstream Banking was engaged as a depository.

Based in Ireland, Smurfit Kappa Acquisitions is a wholly-owned subsidiary of packaging products manufacturing company Smurfit Kappa Group.

The company has simultaneously raised €500m ($582.79m) by issuing senior notes due 2026 in a private placement.

Hung Hing Printing Group and Dream International have agreed to establish a joint venture (JV) and engage in printing and packaging manufacturing in Hanoi, Vietnam.

With an estimated capital of $10m, the JV is expected to meet the requirements of both domestic and export markets.

“Sojitz Corporation has acquired a 95.24% stake in Saigon Paper Corporation.”

Based in Hong Kong, Hung Hing is engaged in the printing and manufacturing of paper, folding cartons and corrugated containers, while Dream International is engaged in the design, development, manufacture and sale of plush stuffed toys, ride-on toys and plastic figures.

Mesh Ventures has entered a JV with Gesundheit Foods to establish a manufacturing and packaging facility within the Mesh Ventures Cannabis Complex in Oakland, California.

Based in the US, Mesh Ventures is a private investment fund focused on the legal cannabis industry, while Gesundheit Foods is a cannabis products co-packer.

Shandong Bohui Paper Industry has agreed to issue shares in a private placement to raise up to CNY1.44bn ($222.37m).

Based in China, Shandong Bohui Paper Industry is engaged in the research, development and production of paper products.

Ball Corporation and Platinum Equity have signed a JV agreement to form a new packaging company named Ball Metalpack.

Platinum will own 51% in the newly formed company, while Ball Corporation will own the remaining 49%.

Ball Metalpack will manufacture steel containers for aerosol products, food, household consumables, pet food, nutrition and other products in the US.

Platinum Equity is a private equity firm, while Ball Corporation is engaged in packaging and aerospace.

Ball Corporation selected Goldman Sachs & Co as financial advisor for the transaction, while law firm Skadden, Arps, Slate, Meagher & Flom was engaged as a legal counsellor. Platinum Equity has engaged Latham & Watkins as its legal counsel.

Gemayel Freres & Chaoui Industriel Group has acquired NorPaper Group from OpenGate Capital.

Based in France, Gemayel Freres & Chaoui Industriel Group is a private equity firm, while NorPaper Group is a Lebanese company focused on the manufacture of recycled corrugated cardboard and packaging products.

Sojitz Corporation has acquired a 95.24% stake in Saigon Paper Corporation.

Based in Japan, Sojitz Corporation is a trading company, while Saigon Paper Corporation is a Vietnam-based manufacturer of household paper and industrial paper products.

The acquisition is part of Sojitz’s plans to expand into the Asian market.

The Marchesini Group has acquired Schmucker.

Based in Italy, The Marchesini Group is a packaging lines and machines supplier, while Schmucker specialises in the manufacture of building stickpack packaging machinery for the food, pharmaceutical and cosmetic industries.

Related Companies

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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