Dec. 22: The most recent updates to this tracker include:
- Chicago-based folding carton and specialty packaging provider JohnsByrne acquired Los Angeles-based Municipal Packaging. JohnsByrne expects the deal will strengthen its offerings in the health and beauty market while establishing a presence on the West Coast. JohnsByrne is a portfolio company of GHK Capital Partners.
- An affiliate of Illinois-based Soteria Flexibles Corp. agreed to purchase Imaflex, a Montreal-based film and flexible packaging manufacturer for a total equity value of approximately $123 million Canadian dollars ($89.1 million). Imaflex would become a privately held company upon the deal's close.
- Ball agreed to acquire a majority stake in China-based beverage can manufacturer Benepack. Ball intends to buy an 80% stake worth about 184 million euros ($215.9 million), while existing Benepack shareholders will retain the remaining 20%. The deal will include Benepack’s two European production sites: one in Belgium and another in Hungary.
Analysts had projected that M&A activity could tick up in 2025 and that there was room for additional consolidation following a string of megadeals. 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].
