Deals and M&As this week: NiceLabel, SCG Packaging, Scientex

14 December 2018 (Last Updated December 14th, 2018 09:59)

Switzerland-based Coop and NiceLabel intend to overhaul its labelling process in its factories and in-store bakeries.

Switzerland-based Coop and NiceLabel intend to overhaul its labelling process in its factories and in-store bakeries.

Coop will equip its 45 in-store bakeries with a label management system for the improvement of labelling and food safety accuracy.

The system will support Coop in the design and production of food labels that feature nutrition, allergen, and ingredient information.

A SAP system will be combined with NiceLabel at the production sites to allow continuous production of labels.

Aspen Mtell software has been chosen by Thailand-based packing solutions provider SCG Packaging for streamlining operations and reducing unplanned downtime.

The Mtell software is designed to gather real-time information of ongoing operations and maintenance. The gathered data will be used for the identification of defects in the processes.

The technology will predict future failures and suggest required troubleshooting measures.

Malaysia-based packaging services provider Scientex has agreed to purchase a 42.41% stake in Daibochi for MYR222.5m ($53.11m).

A conditional share sale agreement (CSSA) has been signed by both the companies for the same.

The deal is an outcome of a heads of agreement (HOA) signed in November.

The acquisition enables Scientex to expand its FPP solutions portfolio and offer a range of packaging solutions.

“The acquisition enables Scientex to expand its FPP solutions portfolio and offer a range of packaging solutions.”

The transaction will result in the retention of employees and management of Diabochi by Scientex.

Polypack Sarl has been acquired by US-based sustainable packaging machines manufacturer, Polypack, for an undisclosed sum.

Polypack’s products were earlier sold in the French market under the banner of Franpack, while the operational rights of Polypack Sarl were later acquired by Franpack Sarl.

Franpack will be rebranded as Polypack Europe and will continue producing new equipment.

Irish firm Smurfit Kappa has agreed to acquire Papcart, a cardboard and corrugated board packaging services provider based in France.

Smurfit Kappa intends to expand its product portfolio through the proposed acquisition.

The deal will add a range of luxury and fast-moving consumer goods (FMCG) products to its portfolio.

Papcart offers premium packaging solutions to customers and operates 44 facilities in Gétigné and 16 in Jarnac.