TricorBraun has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporation’s Private Equity Group and Ontario Teachers’ Pension Plan Board, both of which will acquire a majority interest in the Company.
Amcor, in partnership with 35 leading companies in the consumer goods industry, will take measures to significantly reduce plastic waste. They will be enforcing two new design rules to deliver packaging that is easier and more cost-effective to recycle.
PLZ Aeroscience Corporation (PLZ) has acquired Precise Packaging from an affiliate of Trive Capital. Precise is a leading manufacturer of small-format aerosol and liquid products for the personal care, home fragrance and over-the-counter end markets.
JBT has signed an agreement to acquire the company, subject to regulatory approvals. The deal will allow Proseal to further expand its business by providing access to JBT’s global sales and service network.
Automated Packaging Systems has promoted Jay Patras to vice president of sales, North America. Patras will manage the day-to-day operations of the company’s North American sales channel and its full line of Autobag, SidePouch and AirPouchmachines and materials.
The acquisition provides Rohrer with additional thermoforming capacity, expanded product range and the largest combination run program for printed and thermoformed visual packaging products in the world.
Arianna Chang has been named Head of Sales for Lindal de Mexico (LDM), and Stefan Foitlinski has joined Lindal Group as Sales Director for the German and east European markets.