Deals this week: Tekni-Plex, The Carlyle Group, Clifton Packaging Group

22 June 2018 (Last Updated July 20th, 2018 09:18)

Tekni-Plex has acquired Oracle Packaging’s performance lidstock, induction seal, healthcare packaging and speciality lamination businesses.

Tekni-Plex has acquired Oracle Packaging’s performance lidstock, induction seal, healthcare packaging and speciality lamination businesses.

The acquired segments will form part of Tekni-Plex’s Tri-Seal business unit, which manufactures liners using a variety of materials ranging from a one-piece induction seal to nine-layer extrusions and laminations.

Based in the US, Tekni-Plex is involved in the manufacturing of packaging materials for various industries, including medical, pharmaceutical and personal care markets.

Also based in the US, Oracle Packaging is a portfolio company of Centre Lane Partners and is engaged in the manufacture of industry-leading flexible packaging laminates.

Oracle Packaging has selected Jefferies as its financial advisor for the transaction.

The Carlyle Group plans to invest approximately $250m–$300m to acquire a controlling stake in Manjushree Technopack.

Based in the US, The Carlyle Group is an alternative asset management firm, while Manjushree Technopack is based in India and is engaged in providing plastic packaging solutions.

Clifton Packaging Group has purchased a new flexo printing press from KBA-Flexotecnica, a subsidiary of Koenig & Bauer.

The printing press is the third investment between the companies, and will be used to print flexible packaging at Clifton Packaging’s plant in Leicester, UK.

“Carter Wong has developed a new packaging design for Aduna’s new African Super-Teas range.”

Clifton Packaging specialises in the manufacture of flexible packaging, machinery and contract packing services, while Koenig & Bauer is a German company engaged in the manufacture of printing presses.

Inner Mongolia Mengniu Dairy Group has selected SIG’s innovative combismile package for its new Zhenguoli’ long-life yoghurt.

Mengniu Dairy expects the package to attract consumers to the product.

Based in China, Inner Mongolia Mengniu Dairy Group is engaged in the production and marketing of dairy products, while SIG is a Switzerland-based carton packaging and filling machines supplier.

GMG Americas, a subsidiary of GMG Color, has selected Epson America’s Epson SureColor S80600 printer for manufacturing package proofs.

The printer will be used along with the company’s ColorProof 5.10 and OpenColor 2.1.5 software.

Based in Germany, GMG Color is engaged in providing colour management software solutions, while Epson America is a subsidiary of Japanese electronics company Epson and is engaged in the manufacture of computer printers, and information and imaging related equipment.

The transaction will enable GMG Americas to strengthen its technological capabilities.

Carter Wong has developed a new packaging design for Aduna’s new African Super-Teas range, which includes Hibiscus, Turmeric, Moringa, Baobab and Cacao.

The new Carter Wong design comprises vibrant patterns to represent each of the five flavours.

Based in the UK, Carter Wong is a branding and packaging firm, while Aduna is an Africa-inspired health food brand and social enterprise.