Canada-based flexible packaging company Transcontinental has signed a definitive agreement to acquire Coveris Americas $1.32bn.
The acquisition will enable Transcontinental to be positioned among the top ten flexible packaging converters in North America and enhance its range of product offerings in flexible packaging.
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A provider of packaging and engineered coatings, Coveris Americas is the US-based packaging business of Coveris Holdings, a Luxembourgish manufacturer and seller of plastic and paper packaging products.
Orbis has completed the acquisition of US-based custom solutions provider Response Packaging.
The target company will operate as a brand of Orbis, following the acquisition.
Orbis is an American corrugated and plastic packagingmanufacturer, while Reusable Packaging is a provider of custom dunnage and fabricated steel rack solutions.
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By GlobalDataHengan International Group subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY145m ($23.05m).
Hengan International Group is a paper and packaging company, while Sunway Kordis is a manufacturer of food wrap film and plastic bags, and Starmix is a supplier of household disposable products.
All the companies involved in the transaction are based in China.
Investment company Bain Capital Private Equity has acquired World Wide Packaging, a provider of cosmetic packaging components, plastic tubes, and formulation/filling technologies.
The combined entity will provide innovative solutions to beauty brands worldwide, following the acquisition.
Both the companies involved in the transaction are based in the US.
ATG Investments Limited has signed an agreement to acquire a 100% stake in Jebel Ali Container Glass Factory Fze (Frigoglass Jebel Ali FZCO) from Frigoglass for $12.5m.
The transaction will enable Frigoglass to focus on its commercial refrigeration business and the Nigerian glass business.
Based in England, ATG Investments is a management consulting company, while Frigoglass Jebel Ali is a UAE-based manufacturer and supplier of glass containers.
Frigoglass S.A.I.C is a commercial refrigeration units and packaging materials manufacturer based in Greece.
