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AllPack 2016

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Acquisitions

Constantia Flexibles acquires Vietnamese pharmaceutical packaging converter

Constantia Flexibles
VIETNAM -
Constantia Flexibles Group has acquired Vietnamese packaging manufacturer Oai Hung Co Ltd as part of its growth strategy in Asia.

Vietnam brewery giant to sell off 53% stake

Vietnam brewery giant to sell off 53% stake
VIETNAM –
Saigon Beer, Alcohol and Beverage Corporation (Sabeco), Vietnam’s largest beer producer, intends to sell 53% of its shares in a single tranche.

Ammeraal Beltech acquires Australian partner Rydell

Ammeraal Beltech acquires Australian partner Rydell
AUSTRALIA –
Dutch process and conveyor belting manufacturer Ammeraal Beltech has acquired its long-standing Australian distribution partner Rydell Industrial (Belting) Co.

Bemis Company acquires packaging operations of SteriPack

Bemis Company acquires packaging operations of SteriPack
GLOBAL -
Bemis Company Inc has acquired the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications.

H.B. Fuller completes acquisition of Advanced Adhesives

H.B. Fuller completes acquisition of Advanced Adhesives
AUSTRALIA/NEW ZEALAND -
H.B. Fuller Company has finalized its purchase of Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand.

Graphic Packaging completes acquisition of Colorpak

Colorpak
AUSTRALIA/NEW ZEALAND -
Graphic Packaging Holding Company has completed its acquisition of Colorpak through its wholly owned subsidiary, Graphic Packaging International Australia Pty Limited.

H.B. Fuller expands in Australia and New Zealand with acquisition

H.B. Fuller expands in Australia and New Zealand with acquisition
AUSTRALIA/NEW ZEALAND -
H.B. Fuller Company has signed an agreement to purchase Advanced Adhesives Pty Ltd, a provider of industrial adhesives in Australia and New Zealand.

Mitsubishi Plastics subsidiary acquires Piper Plastics

Quadrant
US/JAPAN/THAILAND -
Quadrant, a Swiss manufacturer of thermoplastic materials that is also a wholly owned subsidiary of Japan’s Mitsubishi Plastics Inc, has acquired US injection molder and compounder Piper Plastics Inc, which operates a plant in the US as well as in Thailand.

Aspire Insight’s acquisition of Kian Joo Can cancelled

Aspire Insight’s acquisition of Kian Joo Can cancelled
MALAYSIA -
The RM1.47 billion takeover offer for Kian Joo Can Factory Bhd has been called off, a mutual decision made by both Kian Joo and the buyer Aspire Insight Sdn Bhd.

Innovia sells off cellophane business to Japanese packaging manufacturer

Innovia sells off cellophane business to Japanese packaging manufacturer
JAPAN -
Innovia Group is selling its Cellophane business and assets to Futamura Chemicals Co Ltd, a major Japanese plastic and cellulose films manufacturer principally servicing the food packaging industry. 

SCA completes Asian business divestment transaction

SCA completes Asian business divestment transaction
ASIA -
SCA’s divestment of its business in South East Asia, Taiwan and South Korea for integration with Vinda International Holdings Limited was completed on 1 April 2016.

SABMiller sells stake in China Snow Breweries to facilitate AB InBev acquisition

China Resources Snow Breweries
CHINA –
Anheuser-Busch InBev (AB InBev) is selling SABMiller plc’s 49% stake in China Resources Snow Breweries Ltd (CR Snow) to China Resources Beer Holdings Co Ltd (CRB), giving the latter full ownership of CR Snow.

Masan acquired 14% stake in major Vietnamese food processor

Vissan packaged processed food products at retail
VIETNAM -
Vietnam's Masan Group has acquired a 14% stake in one of the country's major food processors Vissan for US$63.9 million.

Fonterra exists Australian yoghurt and dairy desserts market

Fonterra exists Australian yoghurt and dairy desserts market
AUSTRALIA –
Italian dairy company Parmalat has completed the acquisition of Fonterra Brands (Australia) Pty Ltd’s yogurt and dairy dessert business in Australia.

International Paper sells off Asian corrugated packaging business for US$150m

International Paper sells off Asian corrugated packaging business for US$150m
CHINA/SE ASIA –
International Paper has announced that it has entered into a definitive agreement to sell its corrugated packaging business in China and Southeast Asia to Xiamen Bridge Hexing Equity Investment Partnership Enterprise.

Pact Group receives approval for acquisition of Power Plastics

Pact Group
AUSTRALIA –
Pact Group Holdings has been given the green light to proceed with its proposed acquisition of Power Plastics from the Australian Competition and Consumer Commission (ACCC).

Blommer expands in China with factory acquisition

Blommer expands in China with factory acquisition
CHINA -
Blommer Chocolate Company, the largest cocoa processor and ingredient chocolate supplier in North America, has acquired a manufacturing plant in China’s Jinshan district of Shanghai.

CCL acquires Singapore labels company for US$39m

Zephyr Company Pte Ltd
SINGAPORE  -
CCL Industries has acquired Zephyr Company Pte Ltd, a privately owned company headquartered in Singapore with two subsidiaries in Malaysia.

Essentra completes acquisition of Indian pharma packaging business

Essentra completes acquisition of Indian pharma packaging business
INDIA –
Essentra Plc has completed its acquisition of the pharmaceutical packaging business of India’s Kamsri Printing & Packaging Pvt Ltd.

CCL increases stake in Thai tube manufacturing joint venture for US$6m

CCL increases stake in Thai tube manufacturing joint venture for US$6m
THAILAND –
CCL Industries Inc has acquired an additional 25% stake in its Thai joint venture with Japan’s Taisei Kako Co Ltd for US$6 million.