April 2: The most recent updates to this tracker include:

• Novolex completed its $6.7 billion acquisition of Pactiv Evergreen, taking the latter food and beverage packaging company private. The combined company will operate under the Novolex name and will be headquartered in Charlotte, North Carolina, Novolex’s home base. It now has more than 20,000 employees. Apollo Funds owns a majority stake in Novolex.
• Toppan Holdings completed the $1.8 billion acquisition of Sonoco’s Thermoformed and Flexibles Packaging business, which employs an estimated 4,500 people. The deal also included Sonoco’s Trident business, which provides graphics production and pre-media services to consumer brands.
• Mondi completed the acquisition of Schumacher Packaging’s Western Europe assets. This featured assets in multiple countries, including two “state-of-the-art mega-box plants” in Germany, and increased Mondi’s corrugated converting capacity by over 1 billion square meters.
• TricorBraun completed its acquisition of Euroglas and Glaspack, two European rigid packaging distributors. Their offerings include glass packaging, caps, returnable bottles, food jars and more. TricorBraun is a portfolio company of Ares Management’s private equity group.
• Novvia Group acquired MegaChem, a North Carolina-based supplier of pails, drums, plastic and glass containers and other rigid packaging products for industrial clients. Novvia is backed by private equity firm Kelso & Co.
• Precision Concepts International acquired Massachusetts-based Meredith-Springfield Associates, as reported by Plastics Today. Meredith-Springfield specializes in blow molding PET and HDPE bottles and containers.

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].