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ASIA – Aseptic packaging supplier SIG has agreed to acquire Pactiv Evergreen‘s Asia Pacific fresh operations for an enterprise value of US$335 million. The business supplies filling machines, cartons, closures, and after-sales service to its customers in the fresh segment mainly within the milk category. Also known as Evergreen Asia, the recently acquired business has production facilities in mainland China,…
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USA –Saxco International, a leading supplier of bottles, cans, and jars, has acquired the We Sleeve-It (WSI) assets from the RB Dwyer Group of Companies to bolster its labeling capabilities. With six facilities across the United States, We Sleeve-It is a leader in the craft beverage industry and the largest domestic shrink decorator of aluminum cans. Its acquisition significantly strengthens…
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UK- American multinational food manufacturing company Kellogg’s has announced plans to trial a paper-based liner for its Corn Flakes cereal. The company said the pilot, which will take part in partnership with Tesco in a small number of stores from January 2022, would help shape its packaging plans. At the moment packaging for Kellogg’s cereals is comprised of a plastic…
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SOUTH AFRICA – Ethos Private Equity through its Ethos Fund VI, has agreed to offload its 100% stake in South Africa-based paper and packaging business, Neopak Holdings, for an undisclosed sum to Corruseal Group. Neopak is a world-class business with a focus on manufacturing high-quality recycled containerboard and related paper products via its paper mill operations in Rosslyn and recycling…
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RWANDA – Inyange Industries, one of the leading food and beverage manufacturing companies in Rwanda has introduced a new look for its natural mineral water and sparkling water brands. In line with the country’s regulations relating to the prohibition of single-use plastic items, the company has re-introduced its Inyange water brand, coming in an eco-friendly recyclable glass bottle. Rwanda became…
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UK – Multinational beverages company Molson Coors has expanded capacity at its Burton breweries in an effort to improve both operational efficiency and sustainability of its operations. The expansion works saw the company take delivery of a new £25m packaging equipment with the capacity to fill up to 2,000 cans of beer per minute when fully installed in early 2022. …
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FRANCE – US-based supplier of packaging solutions Berlin Packaging is continuing its European expansion with the acquisition of French glass packaging company Gerfran SAS. Gerfran was founded in 1984 and is headquartered in the Aquitaine region of France where it focuses on Bordeaux bottles. It serves wine producers of all sizes, from small vineyards to large estates, as well as…
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