Jan. 28: The most recent updates to this tracker include:

• PaperTech, an Ohio-based manufacturer of pressed paperboard products for food and food service markets, completed its acquisition of Oregon-based Bake-Best Trays. PaperTech says this will broaden its packaging offerings, and it will continue to provide customers with alternatives to plastic packaging.
• CCL Industries, a label and packaging solutions provider based in Toronto with a notable corporate presence in Framingham, Massachusetts, agreed to acquire Alt Technologies, the operating name for Advanced Safety Technologies, for an all-cash deal worth approximately $32 million. Alt supplies covers, wraps and seals for automotive airbags as well as labels for automotive and industrial markets, with factories in Europe, China and Mexico. The deal is expected to close in the second quarter of 2026.
• Novolex, based in Charlotte, North Carolina, has sold its Waddington Europe business to the Enact Fund, managed by UK-based private equity firm Endless for 66 million pounds, or approximately $91 million. Packaging company Waddington manufactures thermoforms and operates out of three sites in the United Kingdom and Ireland, supplying clients in sectors such as food, pet food, medical and industrial. Private equity firm Apollo is the majority owner of Novolex.

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].