Sonoco Acquires Eviosys from KPS for $3.9 Billion

KPS Capital Partners Acquires Crown's EMEA Food and Consumer Packaging Business (Eviosys)

April 8, 2021

Packaging

KPS Capital Partners signed a definitive agreement to acquire Crown Holdings' Europe, Middle East and Africa food, aerosol and promotional packaging business for €2.25 billion, with Crown retaining a 20% ownership stake. The business (later rebranded Eviosys) operates ~44 manufacturing facilities across EMEA, has ~6,300 employees and generates approximately €2.0 billion in annual revenue; the transaction closed in 2021 to create a standalone platform focused on growth in food and consumer packaging markets.

Sonoco Acquires Ball Metalpack from Platinum Equity and Ball Corporation for $1.35 Billion

January 27, 2022

Packaging

Sonoco has completed the acquisition of Ball Metalpack, a Broomfield, Colorado-based manufacturer of sustainable steel containers, in a transaction valued at approximately $1.35 billion. The seller parties were Platinum Equity (51% owner) and Ball Corporation (49% owner); the deal follows a three-year transformation and expansion program at Ball Metalpack under the joint-venture ownership.

Novvia Group Acquires Rios Containers

October 4, 2022

Packaging

Novvia Group, a Kelso & Company–backed rigid packaging platform, has acquired Rios Containers, a family-run distributor of plastic and metal bottles, cans, drums, lids and other rigid packaging headquartered in Santa Fe Springs, California. Rios will be combined with Novvia's West Coast operations (including Rhino Container) to expand Novvia's presence in the region; financial terms were not disclosed.

Novvia Group Acquires Ocean State Packaging

December 4, 2023

Packaging

Novvia Group, a national rigid container and life sciences packaging platform backed by Kelso & Company, has acquired Ocean State Packaging, a Rhode Island supplier of plastic bottles, caps and value‑added decoration services. The deal expands Novvia's footprint into New England and supports the platform's Northeast growth strategy; financial terms were not disclosed.

Carton Pack (A&M Capital Europe-backed) Acquires Smilesys

April 13, 2023

Packaging

Carton Pack, a portfolio company of A&M Capital Europe, has acquired Smilesys, an Italian producer of resealable and sustainable packaging products headquartered in Veneto. The add-on expands Carton Pack's sustainable and innovative packaging capabilities, particularly in food packaging for fruit & vegetables, snacks and bakery, while Smilesys will continue to be led by its management team.

OptiGroup Acquires Ekopack i Sydsverige AB

August 29, 2019

Industrial Services

OptiGroup, a Triton Fund II company, has acquired Ekopack i Sydsverige AB, a full-service distributor of packaging products and services operating in southern Sweden. The acquisition adds Ekopack to OptiGroup’s Industrial Solutions business area and strengthens OptiGroup’s Nordic position supplying packaging solutions to manufacturing and service companies; Ekopack reported turnover of approximately EUR 6.5 million.