Article1 min read Oct 30, 2025SponsoredSonoco Reports Third Quarter 2025 ResultsSonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today reported financial results for the third quarter ended September 28, 2025.
Article1 min read Oct 23, 2025ProAmpac Acquires International Paper’s Bag Converting OperationsProAmpac, a global leader in flexible packaging and material science, has acquired the bag converting operations of International Paper (“IP”), a global leader in sustainable packaging.
Article4 min read Sep 15, 2025PCA/Greif Deal Continues Industry Trend of ConsolidationPackaging Corporation of America's $1.8 billion acquisition of Greif's containerboard business marks a significant consolidation move in the North American packaging industry. The all-cash transaction includes two mills with 800,000 tons capacity, seven CorrChoice sheet feeder locations, and one box plant, positioning PCA as the third-largest containerboard producer. Industry veterans will appreciate the strategic synergies: $60 million in pre-tax benefits within two years through operational efficiencies, improved integration, and reduced transportation costs. Combined with International Paper's DS Smith acquisition and Smurfit Westrock's merger, these three deals represent $20 billion in M&A activity, creating enhanced market consolidation and potential pricing power for the top three companies controlling 65% of regional containerboard capacity.
Article1 min read Sep 11, 2025PCA Completes $1.8B Acquisition of Greif’s Containerboard BusinessGreif completed the divestiture of its containerboard business to Packaging Corporation of America for $1.8 billion in cash, the companies announced after markets closed Tuesday afternoon. The transaction itself closed on Sunday, according to a securities filing.
Article1 min read Aug 28, 2025Nefab Group Acquires Nordic Heavy Duty Corrugated Packaging Producer FARUSA EmballageNefab Group, through its subsidiary Nefab Denmark, has acquired privately owned FARUSA Emballage, a leading manufacturer in the Nordic region of heavy duty corrugated cardboard packaging.
Article1 min read Jul 17, 2025Cascades to Permanently Close Its Corrugated Medium Plant in Niagara Falls, New YorkCascades announced that its corrugated medium manufacturing plant in Niagara Falls, New York, will be permanently closed as part of the optimization of the company's packaging production platform.
Article1 min read Jul 3, 2025Rondo Ganahl Divests its Corrugated Board Facility in IstanbulAustrian packaging manufacturer Rondo Ganahl AG has announced the sale of its corrugated board production site located in Istanbul, Turkey. The facility has been acquired by a local packaging producer, marking the company’s complete exit from the Turkish market.
Article2 min read May 1, 2025Packsize to Acquire Sparck Technologies from Standard InvestmentPacksize, the market leader in sustainable, right-sized, on-demand packaging, announces the company’s completed agreement to acquire Sparck Technologies, a European-based manufacturer of high-throughput, fit-to-size, automated packaging solutions.
Article1 min read Apr 17, 2025Antalis Announces the Acquisition of The Packaging Company (Midlands) LimitedAntalis, a global leader in distributing Paper, Packaging, and Visual Communication solutions, today announces its acquisition of The Packaging Company (Midlands) Limited, a prominent UK provider of innovative packaging solutions.
Article1 min read Apr 17, 2025International Paper in Negotiations with PALM Group on Sale of Five European Corrugated Box PlantsInternational Paper announced that the company has entered into exclusive negotiations with PALM Group of Germany after receiving an irrevocable offer for the purchase of five corrugated box plants in Europe: (i) three plants in Normandy, France (namely, one box plant in Saint-Amand, one box plant in Mortagne, and one sheet plant in Cabourg); (ii) one box plant in Ovar, Portugal; and (iii) one box plant in Bilbao, Spain.
Article1 min read Apr 10, 2025Sonoco Completes $1.8 Billion Sale of Thermoformed and Flexibles Packaging Business to TOPPANSonoco Products Company today announced it has completed the sale of its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for a purchase price of approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
Article2 min read Jan 30, 2025EC Says International Paper Must Divest Certain Box Plants in Europe as Next Step in Acquisition of DS SmithOn 16 April 2024, the boards of International Paper Company ("International Paper") and DS Smith Plc ("DS Smith") announced that they had reached agreement on the terms of a recommended all-share combination of DS Smith with International Paper (the "Combination"), to be implemented by way of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Scheme"). The scheme document in connection with the Scheme was published and sent by DS Smith to DS Smith Shareholders on 11 September 2024 (the "Scheme Document").
Article1 min read Jan 23, 2025Victory Packaging Becomes Smurfit Westrock Packaging SolutionsSmurfit Westrock announced that its distribution arm, Victory Packaging, is now known as Smurfit Westrock Packaging Solutions. The identity change became effective on Jan. 13.
Article1 min read Jan 2, 2025Sonoco to Sell Thermoformed and Flexibles Packaging Business to Toppan for $1.8 BillionSonoco Products Company today announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business ("TFP") to TOPPAN Holdings Inc. for approximately $1.8 billion on a cash-free and debt-free basis and subject to customary adjustments.
Article1 min read Dec 12, 2024Berry Global to Sell Specialty Tapes Business to Nautic Partners for $540 MillionBerry Global Group, Inc. (NYSE:BERY) announced that it has entered into a definitive agreement to sell its Specialty Tapes business to the private equity firm Nautic Partners, LLC for a headline purchase price of approximately $540 million, which is subject to a number of closing adjustments.
Article2 min read Nov 14, 2024Saica Group Acquires Schumacher Packaging in PolandSaica Group announced the acquisition of Schumacher Packaging plants in Poland as of 31 October 2024. That includes all activities in Poland: the whole management, all employees, two state-of-the-art corrugated board plants in Bydgoszcz and Wroclaw, two paper mills in Grudziadz and Myszków and three service centres.
Article1 min read Oct 24, 2024International Paper Announces Overwhelming Shareholder Approval in Connection with the Proposed Acquisition of DS SmithInternational Paper (NYSE: IP) is pleased to announce that it received the necessary shareholder approval for its pending acquisition of DS Smith (LSE: DSS), (the "Combination"). Earlier this week, DS Smith also received the necessary shareholder approval for the Combination.
Article1 min read Oct 17, 2024Antalis to Acquire Plaesa in Spain, a Specialist of Technical Packaging and ConversionThis acquisition marks another important step in Antalis’ expansion in the Iberian packaging market. Founded in 1983, Plaesa is a family-owned business specialising in the design, conversion and production of customised technical packaging solutions.
Article1 min read Oct 17, 2024Mondi to Acquire Western Europe Packaging Assets of Schumacher PackagingMondi announced that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging.
Article5 min read Oct 3, 2024US OCC Demand Strong Despite Flattening PricesU.S. demand for recovered fiber is healthy and will continue to grow in the near future. But prices have plateaued or dipped of late, as domestic fiber supply has caught up and China’s economic slowdown has reduced overseas demand.
Article1 min read Sep 19, 2024International Paper Files Definitive Proxy Statement in Connection with its Pending Acquisition of DS SmithInternational Paper (NYSE: IP, "IP") announced that it has filed with the U.S. Securities and Exchange Commission (the "SEC") a definitive proxy statement on Schedule 14A (including any amendments and supplements thereto, the "Definitive Proxy Statement") in connection with its pending acquisition of DS Smith Plc (LSE: DSS, "DS Smith") (the "Combination").
Article1 min read Sep 12, 2024Sonoco Initiates Review of Strategic Alternatives for Thermoformed & Flexibles Packaging BusinessSonoco Products Company announced that it has initiated a review of strategic alternatives for the company's Thermoformed & Flexible Packaging ("TFP") business, a part of the company's Consumer Packaging segment. Exploring alternatives for the TFP business is expected to accelerate Sonoco's portfolio simplification strategy, improve pro forma leverage and further increase shareholder value.
Article1 min read Sep 5, 2024Mill Rock Packaging Acquires Woodland Packaging and Laminating Facility from Everett GraphicsMill Rock Packaging Inc ("MRP") announced that it has entered into a strategic alliance with Everett Graphics ("Everett" or "the Company"). MRP has acquired Everett's Woodland, California packaging and laminating assets and entered into a long-term supply agreement with the Company.
Article1 min read Aug 1, 2024Saica Group to Acquire Polish Subsidiary of Schumacher PackagingSaica Group announced that it has reached an agreement with Schumacher Packaging to acquire Schumacher's Polish subsidiary. This includes all activities in Poland — the entire management, all employees, two modern corrugated board plants in Bydgoszcz and Wroclaw, two paper mills in Grudziadz and Myszków, and three service centers.