Jan. 14: The most recent updates to this tracker include:
- Pactiv Evergreen completed the sale of its paper mill in Canton, North Carolina, following delays caused by Hurricane Helene, according to local news reports. It sold the facility to Two Banks Development and Missouri-based Spirtas Worldwide, which reportedly plan to redevelop the site into a mixed-use hub of industrial, commercial and residential space.
- KCooper Brands acquired Torch Packaging's customer and vendor portfolio, which will be integrated into the Dempsey International Packaging division. Torch's CEO, Hemang Mehta, will join KCooper Brands' advisory board. Torch is a supplier of rigid and flexible plastic packaging, and Dempsey distributes glass and plastic containers, closures and dispensers.
- Houston-based private equity firm Pelican Energy Partners acquired Chicago-based Skolnik Industries, which manufactures customized steel drums for industrial uses, such as nuclear industry applications. Skolnik's president, Dean Ricker, will continue to run the company.
- Rigid packaging distributor Novvia Group entered an agreement to acquire California-based Saxco International, a rigid packaging company specializing in the food and beverage spaces. This is Novvia's first entry into the consumer products space, and the Saxco team will assume leadership over the consumer product distribution division. Novvia is backed by private equity firm Kelso & Co.
- Flexible packaging and label company Brook + Whittle acquired label manufacturer Stouse. The latter company will be folded into Sprink, a division of Brook + Whittle that includes another label manufacturer, Discount Labels, and both will continue to operate as separate companies.
- Resource Label Group acquired Screenprint/Dow's label business, which the companies say will allow customers to have greater access to advanced technologies and a coast-to-coast network. RLG is backed by private equity firm Ares Management.
- Imperial Dade acquired Maryland-based S. Freedman & Sons, a nearly 120-year-old company that supplies industrial, janitorial and packaging products such as food service ware.
- Berlin Packaging completed its acquisition of Rixius, a Germany-based rigid packaging supplier.
Analysts project M&A activity could tick up in 2025 – after a string of megadeals, there’s still plenty of runway for consolidation. 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].