M&As this week: Nihon Yamamura Glass, Duran Group, BWAY Corporation

15 September 2016 (Last Updated September 15th, 2016 18:30)

Nihon Yamamura Glass, a Japanese glass bottles and plastic containers maker, is to acquire an additional 15.25% stake in Chinese glass bottles maker Qinhuangdao Fangyuan Glass Packaging.

Nihon Yamamura Glass, a Japanese glass bottles and plastic containers maker, is to acquire an additional 15.25% stake in Chinese glass bottles maker Qinhuangdao Fangyuan Glass Packaging.

The new stake purchase will give the Japanese company 100% ownership in the Chinese company.

Duran Group, a German borosilicate glass and container solutions provider, has signed an agreement with Gerresheimer and Chase Scientific Glass, following which the latter will sell its entire stake in Kimble Chase Life Science & Research Products for $131m.

"US-based rigid metal and plastic containers producer BWAY has completed its acquisition of KLW Plastics."

Based in China, Kimble Chase Life Science & Research Products produces laboratory and scientific glassware products.

Germany-based Gerresheimer provides primary packaging products for medication and drug delivery devices, whereas Chase Scientific and Kimble Chase are both based in the US.

US-based rigid metal and plastic containers producer BWAY has completed its acquisition of KLW Plastics.

Also based in the US, KLW produces plastic containers and closures for food, chemical and agricultural industries.

The company was previously owned by Koda Enterprises Group, a private holding company.

BWAY aims to expand its product offering through the acquisition.