Leonard Green & Partners has signed an agreement via its affiliates to acquire ProMach Inc from private equity firm AEA Investors.

Leonard Green is a private equity firm, while ProMach is a packaging company that primarily provides packaging products and machinery for the food, pharmaceutical and beverage industries.

Both companies are based in the US.

The transaction is subject to customary closing conditions and is expected to be completed by 31 March.

Engineered equipment and automation solutions provider Duravant has signed an agreement to acquire a 100% stake in Key Technology for $175m.

The acquisition will be completed via a commercial tender offer for the common stock at a price of $26.75 a share in cash.

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Duravant is a designer and producer of digital sorting and process automation technologies for the food processing and pharmaceutical industries.

“Engineered equipment and automation solutions provider Duravant has signed an agreement to acquire 100% stake in Key Technology Inc for a sum of $175m.”

The company expects the acquisition to help extend its food processing operations through the provision of complementary products and applications.

Both the companies involved in the transaction are based in the US.

American corrugated packaging company Westrock has announced plans to acquire KapStone Paper and Packaging Corp for $4.9bn.

The purchase consideration includes the assumption of $1.36bn net debt from KapStone.

US-based KapStone is producer and supplier of containerboard, specialty papers and corrugated products.

The transaction is expected to enable WestRock to expand its portfolio of paper and packaging solutions, as well as allow the company to serve its customers in the Western US market more efficiently.

WestRock also anticipates that the acquisition will help to increase the mix of virgin fibre-based products in its paper portfolio.

KapStone is set to be incorporated into WestRock’s corrugated packaging system following the transaction.

In addition, WestRock has announced its acquisition of US-based manufacturer of corrugated cartons and shipping containers Plymouth Packaging.

The deal will also see WestRock acquire Plymouth’s stake in Italian ‘Box on Demand’ machinery manufacturer Panotec, as well as its investment in US-based corrugator Alliance Sheets.