US-based portfolio company, Fisher Container, has announced the acquisition of Packaging Products (PPC).
The acquirer company expects the transaction to help it position in the food market with the addition of the target company’s unique set of capabilities suitable for blue chip and innovative food manufacturers.
Morgan Stanley Capital Partners (MSCP), a private equity company, holds majority ownership of Fisher Container.
Fisher is engaged in the manufacture of technical flexible packaging products, while PPC specialises in flexographic printing and converting of flexible films, bags and pouches used in food packaging.
Sherwin-Williams has acquired Valspar, a paint and coatings manufacturing company based in Minneapolis, US.
Following the $11.3bn acquisition, the combined company will be based in Cleveland, Ohio.
Sherwin-Williams anticipates increasing its global footprint in the paints and coatings segment through the acquisition.
US-based private equity firm, Advent International, has announced the signing of an agreement to acquire the Danish food packaging company, Faerch Plast, from EQT VI.
EQT VI is a private equity fund of Swedish private equity firm, EQT Partners.
EQT has engaged Credit Suisse Group AG and FIH Partners as financial advisers, Plesner as legal adviser, and PwC and COWI as consulting advisers for the transaction.