US-based Westrock  has signed A definitive agreement to acquire Multi Packaging Solutions International (MPS ), a print-based specialty packaging solutions provider with a presence in 59 locations across North America, Europe and Asia.

The enterprise value for the purpose of the acquisition is fixed at $2.28bn, which represents a price of $18 a share for MPS’ outstanding shares and the assumption of its estimated $873m in net debt.

Berry Plastics  has announced that it has completed the acquisition of AEP Industries , which helps expand its product offerings and production capacity within its Engineered Materials Division.

"Berry Plastics agreed to issue 6.5 million shares of common stock and provide $297m in cash to AEP."

Under the deal, Berry Plastics agreed to issue 6.5 million shares  of common stock and provide $297m in cash to AEP, as well as eliminate $164m of its outstanding debt.

Berry availed a $500m loan to complete the transaction.

With 14 manufacturing facilities in the US and Canada, AEP employs approximately 2,600 people.