Smurfit Kappa, WestRock in advanced talks to merge

If finalized, Smurfit WestRock would bring together American and European paper packaging giants whose combined annual revenue this past year would have totaled approximately $34 billion, the companies said.

By Maria Rachal • Sept. 7, 2023

Ball to divest aerospace business in $5.6B deal

The pending sale of this business unit to BAE Systems will streamline Ball’s operations to solely focus on packaging, which accounted for more than six times its aerospace sales in 2022.

By Maria Rachal • Updated Aug. 17, 2023

Veritiv to be acquired in $2.3B private equity deal

Almost a decade after Veritiv was formed through a merger, the public company is slated to become private via a deal with an affiliate of a major firm.

By Katie Pyzyk • Aug. 7, 2023

Constantia Flexibles to be sold in 1.1B-euro deal

The world’s third-largest producer of flexible packaging is slated for a new private equity owner after more than eight years and nearly a dozen acquisitions of its own.

By Maria Rachal • July 31, 2023

Tracking packaging mergers and acquisitions in 2026

Adherex is growing in Ohio and Gerresheimer completed a divestiture.

By Maria Rachal , Katie Pyzyk , Cole Rosengren • Updated 15 hours ago

Packaging M&A may be more measured, but still active, in year ahead

High interest rates and more consolidation may be limiting major deals, but the role of private equity and sustainability demand remain influential. Experts from Specright, Deutsche Bank and the Plastics Industry Association weigh in.

By Cole Rosengren • April 7, 2023

Greif buys majority stake in industrial packaging company Centurion Container for $145M

Greif hopes the deal stemming from a 2020 joint venture will “greatly expand” its North American presence and be a circular solution for intermediate bulk containers and plastic drums.

By Maria Rachal • April 4, 2023

5 factors influencing packaging design and operations

From navigating inflation and changing regulations to assessing the impact of automation and plastics M&A, these are some of the top industry trends to watch.

By Katie Pyzyk , Maria Rachal , Cole Rosengren • March 27, 2023

Sonoco reports ‘pivotal year’ of growth driven by consumer packaging demand and M&A

During a recent earnings call, CEO Howard Coker touted the importance of the company’s metal packaging acquisition — its largest ever — and why he thinks it “feels like we are in a recession.” 

By Katie Pyzyk • Feb. 13, 2023

Northstar Recycling acquires Sonoco’s ‘asset-light’ waste services business

The private equity-backed company has purchased a business that focuses on providing third-party service and consulting to large manufacturing clients from the major packaging company.

By Cole Rosengren • Feb. 1, 2023