Avery Dennison Corporation has agreed upon a $75m acquisition of Hanita Coatings RCA from Hanita kibbutz and Tene Investment Fund.

Based in the US, Avery Dennison offers labelling and packaging materials and solutions for the customers worldwide.

Klockner Pentaplast (Klockner Pentaplast Group) has agreed to a 100% interest acquisition in Farmamak Ambalaj Maddeleri ve Ambalaj Makineleri Sanayii ve Ticaret (Farmamak) from Gozde Girisim Sermayesi Yatirim Ortakligi, for a total of $46.11m.

“Caraustar Industries has completed its acquisition of Los Angeles Paper Box.”

Klockner Pentaplast Group manufactures rigid films for the pharmaceutical, medical devices, food, and consumer packaging and beverages industries.

Upon completion of the acquisition, Farmamak will function as a subsidiary of Klockner Pentaplast Group.

Caraustar Industries has completed its acquisition of Los Angeles Paper Box.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The deal will allow Caraustar Industries to reach West Coast customers, while also expanding its product portfolio.

Pact Group Holdings has agreed to acquire Australian Pharmaceutical Manufacturers (APM).

The deal implies a purchase consideration of $68.12m, which will be funded through a combination of bank debt and equity.

APM offers manufacturing and packaging services for nutraceuticals in Australia.

KPMG International Cooperative is the financial adviser to APM on the transaction, which is scheduled for completion by 16 September 2016.