BA Glass has acquired a significant equity stake in Sotuver, marking a strategic move to strengthen its presence across North Africa and the wider Mediterranean region. The investment, undertaken in partnership with Bayahi Group, is aimed at accelerating growth in emerging packaging markets while reinforcing regional manufacturing capabilities. Sotuver is a …
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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 …
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Husky Technologies has entered into a strategic collaboration with SEM Plastik, through its medical division SEM Biotech, to support the production of blood collection tubes in Türkiye. The partnership marks SEM’s expansion into the medical manufacturing sector, building on its established plastics and packaging operations. As part of the agreement, SEM …
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 …
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Emami Limited has signed a definitive agreement to acquire the remaining ~73.5% stake in Axiom Ayurveda Pvt Ltd, marking its formal entry into the beverage segment and strengthening its position in health and wellness categories. The transaction, valued at up to ~USD 24.1 million, follows an initial tranche in which …
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Saudi Arabia’s BinDawood Holding has signed a binding agreement to acquire a 51% stake in Vaza Food Company for approximately SAR 217.5 million ($58 million), marking a strategic move to strengthen its position in fresh and specialty food segments. The transaction, executed through Future Retail for Information Technology Co., …
Solico Group has strengthened its regional manufacturing footprint with the launch of its AED 130 million SoFood facility in Jebel Ali Free Zone (Jafza), Dubai—an investment that underscores the growing importance of integrated processing-packaging in export-oriented food production. The facility, designed with an initial production capacity of up to 40 tons …
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Quickart UAE has strengthened its local food supply model following the securing of $1.5 million in seed funding, aimed at expanding infrastructure and supply chain capabilities across the United Arab Emirates. Founded in 2022 by Pravin Rai, the company operates a farm-to-home platform connecting households and HoReCa businesses with locally …
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Oman: Sharakah, Oman’s SME development company, has signed a Memorandum of Understanding (MoU) with Ocean of Majan International Commercial Services LLC, the company behind the Bagpak brand of industrial packaging solutions. The partnership is aimed at supporting SMEs operating in key industrial sectors and strengthening local packaging manufacturing capabilities. Under …
The completion of the strategic transaction between OMV and XRG has resulted in the formation of Borouge International, positioning the company as the world’s fourth-largest polyolefins producer and a major new force in global materials supply. The new entity has been created through the combination of Borouge and Borealis, alongside the acquisition of NOVA Chemicals for $13.4 billion, establishing a …
