The most recent updates to this tracker include:
- Pennsylvania-based SupplyOne acquired Illinois-based custom corrugated manufacturer Packaging Design Corp., which specializes in e-commerce, retail and specialty packaging, among other offerings. SupplyOne’s CEO highlighted how the deal grows its presence “in the important Chicago area” and adds branded packaging capabilities. SupplyOne also grew in the Northeast this year with acquisitions of Compass Packaging Solutions and Specialty Packaging. SupplyOne is a portfolio company of private equity firm Revelar Capital.
- German cold chain packaging company Eutecma acquired North American temperature-controlled packaging specialist Tempaid. The Ontario-based business serves pharmaceutical, life sciences and healthcare customers. “The combined company will offer a complete range of reusable and single-use solutions — from individual mailers to bulk pallet shippers — from a single reliable source,” according to Eutecma, a portfolio company of Connecticut-based healthcare investment fund manager Great Point Partners.
- Florida-based packaging and films company Intertape Polymer Group acquired Iowa-based shrinkwrap films maker Clysar. Going forward, IPG will market a Clysar brand as well as IPG’s Exlfilm brand, “giving IPG two established brands in the shrink film category” as well as stronger distributor and customer relationships and expanded North American manufacturing capabilities, per the announcement. IPG is a portfolio company of Clearlake Capital Group.
- Henkel completed the previously announced deal to acquire Netherlands-based Stahl, a PE-backed coating specialist for flexibles that reportedly did about 725 million euros in sales in fiscal year 2025. Stahl, which reportedly has about 1,800 employees globally, is fully part of Henkel as of Oct. 1. With the deal, Henkel CEO Carsten Knobel said Henkel enters “the highly attractive adjacent category of specialty coatings.”
Following a string of megadeals in 2024 and 2025, analysts anticipate consolidation in 2026 could be driven by smaller players. Packaging Dive aims to track as many deals as possible to help you stay up to date.
Although the packaging industry is global, this list focuses on deals involving companies that are either based, or have a notable presence, in the U.S. or Canada. We list the acquirers by their parent company or common operating name, which may differ from the specific legal entities involved in the acquisitions. The list can be sorted by category by clicking on each column title in the table below. You can also scroll down to see archived lists from 2023, 2024 and 2025.
Do you know of new deals we should include, or are you hearing about a tip you want us to investigate? Get in touch at [email protected].
