Business

GEA, an international food processing technology supplier, announced that its has opened a new state-of-the-art food processing and packaging North American Technology Center in Frisco, Texas. The company celebrated the opening of the facility in September.

Sealed Air Corp said on Tuesday it would acquire peer Liquibox for USD1.15bn, as the packaging firm aims to boost its presence in the quick service restaurants and liquid packaging segments.

Hotpack Global, one of the largest food packaging manufacturers in the region, has acquired Al Huraiz Packaging Industry (AHP), a leading corrugated carton manufacturer in the UAE.

The firm said it was expanding to meet soaring global demand for molded fiber and corrugated cardboard alternatives to single-use plastic packaging.

IPACKCHEM Group announced it has acquired a majority stake in TPG Plastics LLC, a leading manufacturer of engineered plastic blow molded products, to bring IPACKCHEM’s Advanced In-Mold Fluorination technology to North America.

The new plant will help the company meet growing demand for aseptic packaging. It will house a new 6,200 metres-squared research and development center, designed to create the next generation of sustainable products to reduce Lamipak’s carbon footprint by 50% and make its food packaging 100% recyclable.

The takeover of this distributor located near Cognac allows the multinational to target the premium spirits market. Berlin Packaging is growing at high speed. Eight takeovers in France in three years and, in total, no less than twenty-six in Europe since 2016, including ten in 2022.

Berlin Packaging, the world's largest Hybrid Packaging Supplier, announced today the acquisition of European Packaging Solutions (“EPS”), a family-owned distributor of glass packaging solutions.

Amcor, a global leader in developing and producing responsible packaging solutions, today announced a further strategic investment of up to USD45m in ePac Flexible Packaging, a leader in high quality, short run length digitally-based flexible packaging.

Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020m. This acquisition will advance Stora Enso's strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe.