Smithfield Foods will acquire Clougherty Packing, a subsidiary of Hormel Foods, for $145m.

The acquisition is expected to be completed by the end of the year.

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Based in the US, Smithfield Foods manufactures fresh and packaged meat products.

Wellspring Capital Management has sold its 100% stake in flexible packaging company, ProAmpac, to Pritzker Group Private Capital.

With 18 manufacturing facilities in North America, Europe and Asia, ProAmpac serves the food, medical, security, industrial and specialty retail markets.

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Packaging Gateway Excellence Awards - Nominations Closed

Nominations are now closed for the Packaging Gateway Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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Oxipack’s deterministic vacuum decay systems have earned multiple awards, recognising breakthroughs in leak detection machinery and waste prevention. Learn how Oxipack is helping manufacturers protect product quality, support recyclable and paper-based formats, and improve line efficiency with fast, non-destructive testing.

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