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June 30, 2016updated 26 Oct 2021 12:46pm

M&As this week: Westcare, FP Corporation, Henkel Consumer Goods

Percival Print & Packaging has been acquired by Westcare, a printing, box-making and packaging operations provider.

Sun Products

Percival Print & Packaging has been acquired by Westcare, a printing, box-making and packaging operations provider.

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What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
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  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

Under the terms of the acquisition, Percival Print & Packaging will continue to operate independently for a certain time and retain its directors.

Both companies involved in the acquisition are based in Australia.

FP Corporation will acquire Japan-based Ueda Packaging Corporation in a transaction that is expected to be completed by 1 July.

FP Corporation is primarily engaged in the production and supply of polystyrene and compound resin food containers.

Henkel Consumer Goods has agreed to acquire The Sun Products Corporation, a laundry and homecare company, from Vestar Capital Partners, in a move to boost its business in the US market.

The $3.6bn acquisition is subject to regulatory approvals.


Image: The acquisition of Sun Products will stregthen Henkel’s laundry and homecare portfolio. Photo: courtesy of Henkel.

Related Companies

Free Whitepaper
img

What is the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry?

While wanting to protect the country from being overwhelmed by Omicron, China’s adherence to a Zero-COVID policy is resulting in a significant economic downturn. COVID outbreaks in Shanghai, Beijing and many other Chinese cities will impact 2022’s economic growth as consumers and businesses experience rolling lockdowns, leading to a slowdown in domestic and international supply chains. China’s Zero-COVID policy is having a demonstrable impact on consumer-facing industries. Access GlobalData’s new whitepaper, China in 2022: the impact of China’s Zero-COVID lockdowns on economic activity, consumer goods and the foodservice industry, to examine the current situation in Shanghai and other cities in China, to better understand the worst-affected industry sectors, foodservice in particular, and to explore potential growth opportunities as China recovers. The white paper covers:
  • Which multinational companies have been affected?
  • What is the effect of lockdowns on foodservice?
  • What is the effect of lockdowns on Chinese ports?
  • Spotlight on Shanghai: what is the situation there?
  • How have Chinese consumers reacted?
  • How might the Chinese government react?
  • What are the potential growth opportunities?
by GlobalData
Enter your details here to receive your free Whitepaper.

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