Saint-Gobain Group has entered a share purchase agreement to acquire 100% of the equity capital of the Germany-based company, Biolink Gesellschaft fur Verbindungstechnologien (Biolink).
Based in France, Saint-Gobain is engaged in the design, manufacture and distribution of building materials, while Biolink manufactures specialty adhesive tapes.
One Fifty One’s subsidiary, IPL, has entered into an agreement to acquire the entire share capital of Macro Plastics for $150m.
IPL is an injected-moulded plastic products manufacturer based in Canada, while Macro Plastics manufactures rigid plastic bulk bins.
One Fifty One is engaged in the manufacturing of rigid plastics for the packaging, environmental containers and industrial products sectors.
A combination of senior debt facilities and additional equity from the IPL shareholders were used to fund the acquisition.
A syndicate of nine financial institutions led by National Bank of Canada provided bank facilities for the transaction.
Pro Mach, an integrated packaging specialist based in the US, has announced the acquisition of P.E. Labellers, for an undisclosed sum.
Based in Italy, the target company provides high-speed rotary and linear labelling solutions.
Pro Mach aims to extend its services into high-speed decorative labelling and integrated solutions following the acquisition, which will make it the only single-source provider of high-performance packaging lines and integrated solutions.
Visual marketing solutions provider, Coloredge, has completed the acquisition of Color By Number, a package prototyping and design services provider based in New York, US.
Founded by Lisa McGowan, the seven-year old target company provides packaging development services for some of the world's best-known beauty, health and consumer packaged goods (CPG) brands.
The target company will become a division of Coloredge and will continue to provide its services to the existing clients, following the acquisition.