Pacman-CCL is set to acquire a 70% stake in Super Label, a pressure-sensitive label maker based in India, for $3.75m.
The acquirer company is a joint venture between CCL Industries and Albwardy Investment.
Go deeper with GlobalData
The consideration will be used to reduce Super Label’s debt and finance its future expansion.
Alpla Group, a plastic packaging company based in Austria, has signed an agreement to acquire Star East Pet with the aim of expanding its production capacity in Eastern Europe.
Based in Romania, the target company is a polyethylene terephthalate (PET) preform manufacturer with approximately 75 employees.
See Also:
Mondi Group has acquired UK-based technology provider Excelsior Technologies for £33m ($41m) in a debt and cash-free deal.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataMondi Group expects the acquisition to support the development of its consumer packaging business in high-growth product applications.
KapStone Paper and Packaging has acquired Associated Packaging, a company based in Carolina, US, by purchasing the latter’s assets in order to enhance its presence and grow business in the south-east market.
The financial details of the transaction have not been disclosed.
