Data analysis shows that the overall trend of the global packaging market is upward. According to the survey data of Smithers Pyla Consulting, the global packaging industry's total output value reached 851 billion US dollars in 2017, and is expected to increase to 980 billion US dollars by 2022.
At the end of the year, let's take a look at the top 10 overseas acquisitions in the packaging industry, so that everyone can quickly understand which packaging materials companies and packaging solutions companies are spending a lot of money this year for a glimpse of their layout strategy. (The following is the reverse of the transaction announcement time, in no particular order)
01 Indrama acquires majority stake in Egypt's MedcoPlast
On November 15th, Indoma has acquired Egyptian packaging company MedcoPlast, a subsidiary of Middle East Glass Manufacturing Company, which has a 25% market share and is Egypt*'s recyclable PET preforms, injection molded products and Closure manufacturer.
In Dorama has operations in Nigeria and Ghana, and hopes that this acquisition will open the door to the East African PET packaging market and complement its footprint in West Africa. Indoram Group* executive officer Aloke Lohia said that the acquisition of Medco, including the use of growth opportunities in emerging markets, is in line with the company's strategic focus.
02 Amcor acquires US Bemis for A$7 billion
On August 7th, Amcor, based in Melbourne, Australia, negotiated with American competitor Bemis for more than a year, and is about to reach an agreement to acquire the company for A$7 billion, which is expected to become the global manufacturer of flexible plastic packaging products. Bemis is a company that provides flexible and rigid plastic packaging for food, consumer, healthcare and other companies with a strong technical foundation in polymer chemistry, film extrusion, coating and lamination, printing and printing.
The acquisition gives Amcor a big step toward its global goals. The deal is a full stock acquisition that will result in Amcor listing in the US. Amcor sees soft packaging in the Americas as a key growth focus, and the deal has made a leapfrog change in the region.
03 ALPLA acquires ArgoS.A, Greece
August 6 news, packaging solutions * supplier ALPLA announced the acquisition of Greek ArgoS.A company. Founded in 1970 and headquartered in Athens, ArgoS.A. has been an expert in packaging solutions for the pharmaceutical and personal care markets since its inception. At the end of 2015, ALPLA acquired the production base of ArgoS.A in Egypt. Now, ALPLA plans to acquire the entire shares of the Greek company.
Upon completion of the transaction, ALPLA will successfully have a production facility in Greece. ALPLA* executive officer Günther Lehner said: "Our goal is to establish a professional field in the pharmaceutical market in the future in Greece."
04 Aptar Announces Acquisition of CSP Technology Corporation
On July 31, Aptar filed a legally priced offer to acquire CSP Technologies. The company is based on proprietary materials in the packaging industry. CSP Technologies is a profitable, well-managed company with annual revenues of approximately $1.4 billion (unaudited) and an intellectual culture of innovation that drives product development and supports highly engineered solutions. Includes their three-phase polymer technology.
Aptar said it plans to welcome an experienced team of CSP technology to Aptar, looking forward to expanding its existing business in the pharmaceutical and food safety markets and leveraging their active packaging and materials science in other end markets. And will continue to jointly develop creative, valuable and differentiated solutions as a global solution for packaging solutions.
05 DSSmith Announces Acquisition of North American CorrugatedContainerCorporation
June 8 news, British packaging company DSSmith announced the acquisition of North American packaging companies
Corrugated Container Corporation (CCC). The latter is a family-owned company with one factory in Tennessee and North Carolina, and two factories in Virginia with approximately 190 employees.
After DSSmith's acquisition of CCC, the company's packaging carton capacity will be greatly improved, which will help consolidate the North American market. The acquisition is expected to achieve significant results, and the acquisition is also in line with the DSSmith Group's medium-term development goals.
06 Transcontinental acquired US CoverisHoldingsS.A for US$1.32 billion.
April 21 news, Transcontinental Inc. of Montreal, Canada has been with Chicago
CoverisHoldingsS.A. has reached a definitive agreement to form an investment company
SunCapitalPartners, valued at $1.32 billion, is held by Coveris Holdings.
CoverisAmericas manufactures a wide range of soft plastic and paper products, including web materials, bags, coextruded films, shrink films, coated substrates and labels.
Isabelle Marcoux, chairman of Transcontinental's board of directors, said the deal turned the company's strategy to the plastic packaging industry. Transcontinental President and *Executive Fran ois Olivier said that the acquisition has increased the depth and scale of the existing platform, and the flexible packaging business will be its * department. The transaction complements and strengthens the company's existing products, bringing a variety of flexible packaging markets including dairy, pet food and consumer products. In addition, it also allows companies to enter new packaging industries such as agriculture, beverages and protein.
07 Finnish Pule Group acquires Ajanta India related business for 13 million euros
On March 28th, the Finnish packaging company Pule Group and India's Ajanta Packaging Company reached an acquisition agreement to acquire the Indian private manufacturer's business in India for 13 million euros. Ajanta Packaging has annual sales of 10 million euros and 170 employees. It has two manufacturing plants in Dammam in western India and Buddy in northern India. Upon completion of the transaction, Ajanta Packaging will become part of Plex's flexible packaging business.
The Pule Group said in a statement that the acquisition will strengthen the company's label business in India, add new printing technology and enhance its innovation capabilities.
08 Constance Soft Packaging Group acquires majority stake in Indian CreativePolypack
On March 27th, the Vienna-based flexible packaging giant Constance Flexible Packaging Group announced that it has acquired a majority stake in Indian film-based composites manufacturer CreativePolypack. CreativePolypack is India's fourth largest flexible packaging group, producing film-based flexible packaging for the food, home and personal care industries, as well as paper-based soap wrappers.
As the world's fourth largest manufacturer of flexible packaging, the Constance Group will make it the third largest flexible packaging company in India.
09 SchurFlexibles acquires French UNIPackaging company
On March 7, the SchurFlexibles Group announced that it had entered into a comprehensive agreement with the French flexible packaging manufacturer UNIPackaging, and then negotiated exclusive acquisitions of the French and British dairy and fresh food businesses. Headquartered in Averd, France, UNIPackaging has seven production sites and five logistics centers, with sales offices in France, the UK and Austria, and Europe.
SchurFlexibles said in a statement that, given UNIPackaging's extensive knowledge and experience in packaging products for dairy and fresh foods, this planned acquisition will help SchurFlexibles expand its rapidly growing dairy market, fresh food and convenience markets. Footprint.
10 WestRock's $4.9 billion acquisition of US KapStone
On February 5th, WestRock and US-based KapStone Paper and Packaging, based in North Brooke, Illinois, signed an agreement to acquire all of KapStone's outstanding shares for about $4.9 billion. Founded in 2005, KapStone is a North American manufacturer and distributor of paperboard, corrugated and specialty papers, including liners, facial tissues, kraft paper and saturated sulphate paper, and has a Victory packaging company. Packaging solutions distribution companies in the US, Canada and Mexico. Upon completion of the transaction, KapStone will be integrated into the corrugated packaging division of WestRock.
By the end of FY 2021, WestRock is expected to achieve an annual operating cost synergy and performance improvement of approximately $200 million by integrating the KapStone business into the company's corrugated packaging system. The acquisition will allow WestRock to provide additional corrugated packaging to VictoryPackaging and will accelerate WestRock's plans to increase the profitability of the North American corrugated packaging business. The addition of the KapStone West Coast facility will increase WestRock's ability to serve customers in this area, reducing the cost of the entire supply chain. The addition of KapStone's specialty kraft paper products enables WestRock to offer a wider product portfolio to existing customers.