Huhtamaki has completed the acquisition of Ajanta Packaging's business in India. Ajanta Packaging is a manufacturer of pressure sensitive labels in India.
Stora Enso has opened Europe's largest wood fibre-based biocomposite plant. Stora Enso's investment of Euro 12 million in a biocomposite plant is part of the company's ongoing process of becoming a renewable materials company.
Valmet has made the decision to build a Service Center in Chile. Valmet's new Service Center will be located in Concepcion province and it will be in operation by mid-2019.
DS Smith Plc has offered to buy Spanish rival Europac for 1.9 billion euros ($2.2 billion) including debt to bolster its position in western Europe's fast-growing packaging market.
Mondi has completed the acquisition of 100% of the outstanding shares in Powerflute Group Holdings Oy, a division of Nordic Packaging and Container Holdings, for a total consideration of Euro 365 million on an enterprise value basis.
Rengo Co., Ltd. announces that its consolidated subsidiary Tri-Wall Limited in Hong Kong, has acquired an 80% membership interest in Aldez Containers, LLC through Tri-Wall's wholly-owned subsidiary.
Twin Rivers Paper Company LLC announced that it has completed the acquisition of the paper mill located in Pine Bluff, Arkansas. Twin Rivers, headquartered in Madawaska, Maine, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber. It is owned jointly by Atlas Holdings LLC and Blue Wolf Capital.
Universal Forest Products, Inc. announced that one of its subsidiaries has closed on the purchase of the operating assets of North American Container Corp. (NACC), a Marietta, Ga.-based manufacturer of structural packaging products.
