Oct. 25: The most recent updates to this tracker include:

• Nxu, a company that provides energy storage and electric charging infrastructure, has entered an agreement to merge with California-based Verde Bioresins. The deal values Verde, a producer of a proprietary bioplastic it calls “PolyEarthylene,” at approximately $306.9 million. It is contingent on shareholder approval, which could occur in Q1 2025. Following the transaction, the publicly-traded Nxu will adopt the Verde name. This follows the collapse of a prior special purpose acquisition company deal to take Verde public earlier this year.
• TransPak recently acquired Georgia-based Reid Packaging, a provider of custom packaging solutions, as reported by Peachtree Corners Magazine. Reid, a family-owned company founded in 1982, sells a range of corrugated, foam and crating solutions for industrial clients in metro Atlanta — with a focus on the military and aerospace sectors.
• Multi-Color Corp., a large label company, recently acquired Missouri-based Starport Technologies. Starport makes a range of RFID products and “smart labels” for consumer and supply chain clients.

While some parts of the packaging industry are already highly consolidated and recent economic challenges have created headwinds, deals are happening. Packaging Dive aims to track as many as possible throughout 2024 to help you stay up to date.

Although the packaging industry is global, this list focuses on deals involving companies that are either based in the U.S. or have a notable U.S. presence. We list the acquirers in alphabetical order 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.

Do you have suggestions on how to update the scope or layout of this tool? 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].