RPC Group has signed an agreement to acquire Nordfolien GmbH for €75m ($92.41m).
Nordfolien’s management team will continue to operate its business from the current locations upon completion of the transaction.
Based in the UK, RPC is a designer and engineer of plastic products, while Nordfolien is a German designer and manufacturer of polythene films.
The acquisition will support RPC Group’s growth in the flexible packaging market and add innovation capabilities.
Canadian specialty packaging firm CCL Industries Inc has entered a binding agreement to acquire Treofan America Inc and Trespaphan Mexico Holdings GmbH from Italian private equity firm M&C SpA for $255m.
Businesses of Treofan and Trespaphan will be combined with CCL Industries’ subsidiary Innovia Films.
Treofan is a US-based packaging firm, while Trespaphan is a packaging solutions provider in Germany.
Both companies are involved in the manufacturing of biaxially oriented polypropylene (BOPP) films for packaging, label, tobacco and technical applications.
The acquisition will enable Innovia to expand its footprint for BOPP films in North America and Europe.
Duravant LLC has acquired US-based conveyors and integrated systems manufacturer, QC Industries LLC.
Based in the US, Duravant provides engineered automation equipment and aftermarket solutions for the packaging, material handling, and food processing industry.
The acquisition will expand the company’s material handling product portfolio in North America.
Transcontinental Inc has acquired US-based flexible packaging supplier, Multifilm Packaging Corporation.
Based in Canada, Transcontinental is a flexible packaging, publishing, and digital media company.
The acquisition will enable Transcontinental to enter the confectionery packaging sector and improve its offerings in the market.