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A slow summer for packaging dealmaking in the United States and Canada continued in August. These are four deals that Packaging Dive tracked:
- HarperLove, a provider of adhesives and additives for the corrugated packaging industry, acquired ChromaScape’s corrugated products business. The company expects these acquired assets to expand its offerings and geographic reach. HarperLove is a portfolio company of HBM Holdings.
- Pregis acquired MP Global Packaging, a division of MP Global Products, to scale its paper-based cold chain business. MP operates two manufacturing facilities in New Albany, Indiana, and Norfolk, Nebraska, employing around 110 people. MP’s Reid Borgman is joining Pregis as vice president and general manager of cold chain.
- Minnesota-based Applied Adhesives is growing in Europe with the acquisition of Van Asperen Kleefstoffen, a Netherlands-based adhesive solutions provider serving customers in packaging, labeling and paper converting. Applied Adhesives previously acquired U.K.-based Interlock Adhesives in January.
- Jones Healthcare Group, an Ontario-based healthcare packaging and medication dispensing solutions company, said it acquired an operating thermoforming facility and related business assets previously owned and operated by good natured Products in Brampton, Ontario, to add in-house production of custom-formed packaging components.
You can find all of the deals that Packaging Dive has monitored this year in this M&A tracker. Have details on other new deals we should include? Please send us an email at [email protected].
