International Paper to acquire North Pacific Paper Company for $360 million

    International Paper has entered into an agreement to acquire North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners, for $360 million.     NORPAC operates a paper manufacturing facility in Longview, Washington, employing approximately 500 people. The site runs three paper machines and produces about one million tons of …

Brookfield acquires Fosber Group in $900 million deal

        Brookfield Asset Management has acquired Fosber Group in a transaction valued at approximately $900 million, completing a carve-out from Guangdong Dongfang Precision.     Fosber designs and manufactures corrugator lines and related systems used in the production of corrugated board. Its operations span Italy, the United States and China, supplying equipment …

Henkel to acquire OLAPLEX to expand premium hair care portfolio

        Henkel has entered into a definitive agreement to acquire 100% of OLAPLEX, a premium hair care brand, at an offer price of USD 2.06 per share, implying a total transaction value of USD 1.4 billion. The transaction has been unanimously approved by OLAPLEX’s Board of Directors. Advent, OLAPLEX’s controlling shareholder, has …

Unilever announces $20bn foods business combination deal with McCormick & Company

      Unilever has announced an agreement to combine Unilever’s Foods business with McCormick, forming a global flavour-focused entity with combined revenues of approximately $20 billion based on fiscal year 2025 data.     The transaction will bring together established brands including Knorr, Hellmann’s and McCormick, alongside growth-oriented brands such as Cholula, Maille and …

CCL Industries signs agreement to acquire Sleever International to strengthen sleeve labelling portfolio

      CCL Industries Inc. has signed a binding option agreement to acquire Sleever International Company SA, a global provider of shrink sleeve labelling solutions and application equipment for consumer packaged goods and healthcare markets.     Headquartered near Paris, France, Sleever operates 11 manufacturing facilities across Canada, Europe, China and Brazil, offering shrink …

Henkel to acquire ”Not Your Mother’s” hair care and styling brand

      Henkel has signed an agreement to acquire the consumer hair care and styling brand “Not Your Mother’s” from private equity investor Main Post Partners, the company announced from Düsseldorf. The transaction, which remains subject to regulatory approvals, will add a hair care portfolio with approximately €190 million in sales in fiscal year …

Unilever inaugurates OMO liquid detergent production line in Saudi Arabia

    Unilever has inaugurated a new OMO liquid detergent production line in Saudi Arabia in 2026, expanding its local manufacturing capacity while integrating recyclable polyethylene (PE) packaging bottles for the product range. The facility was launched to strengthen regional supply chains and support sustainability goals, with the detergent packaged in recyclable plastic bottles produced …

SMI opens new branch in Nairobi to support bottling and packaging customers in East Africa

      SMI has opened a new branch in Nairobi, Kenya, establishing SMI Machinery East Africa Limited to strengthen its presence in the region and provide closer support to customers in the African market. The branch will serve as a local point of contact for sales and after-sales services for existing and future customers …

DS Smith invests €13.4 million to upgrade Grenaa corrugated packaging facility in Denmark

DS Smith has announced a €13.4 million investment to upgrade its corrugated packaging production facility in Grenaa, Denmark, aimed at strengthening its capacity to supply fibre-based packaging solutions in Northern Europe. The investment focuses on enhancing converting and printing capabilities at the plant, including the installation of a new rotary die-cutting line designed for flexographic …

ExxonMobil and Selene launch heavy-duty PE sack films with 50% recycled content

      ExxonMobil Signature Polymers and Italian polyethylene film converter Selene Group have developed heavy-duty sack (HDS) films incorporating 50% recycled polyethylene while maintaining the mechanical properties required for industrial packaging applications.     The development responds to increasing demand from brand owners and regulators for packaging solutions that include recycled content without compromising …