June 11: The most recent updates to this tracker include:
- Rhode Island-based plastic material science company Teknor Apex is widening its sustainable packaging capacities with the acquisition of Georgia-based bioplastics company Danimer Scientific, which filed for Ch. 11 bankruptcy in March. Teknor Apex CEO Don Wiseman highlighted Danimer’s “expertise in biopolymer resins, such as polyhydroxyalkanoates (PHAs) and polylactic acid (PLA).” Danimer sees opportunity in expanding R&D and operations and will continue operating as a separate entity under its own name and team. The partners say this deal brings “strengthened confidence to the PHA market.”
- BradyPlus, which distributes food service and industrial packaging products, acquired Biloxi Paper Co., a decades-old family-owned business on Mississippi’s gulf coast. Biloxi distributes food service disposables to customers across the education, hospitality, industrial and other sectors. “The acquisition of Biloxi Paper enables us to extend our geographic footprint in a strategically important region,” BradyPlus CEO Kenneth Sweder said in a statement. BradyPlus is a portfolio company of private equity firm Warburg Pincus.
- Berlin Packaging, a Chicago-based packaging supplier, is growing its business in eastern Europe, completing its acquisitions of Romanian companies Sarom Packaging and Romgallia. Sarom supplies glass packaging for the food and beverage industries, specializing in wine bottles and closures, while Romgallia focuses on packaging for the pharmaceutical and cosmetics industries. Elias Valavanis, leader of Berlin Packaging’s Mediterranean Region, said in a statement that the “combination will add to our expansive glass product portfolio for various end markets.”
Analysts project M&A activity could tick up in 2025 – after a string of megadeals, there’s still plenty of runway for consolidation. 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 and 2024.
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].