Sealed Air Acquires Liquibox from Olympus Partners for $1.15B

Liquibox Acquires DS Smith Plastics Division

February 27, 2020

Packaging

Liquibox, a portfolio company of Olympus Partners, has completed the acquisition of DS Smith plc's Plastics Division. The deal consolidates DS Smith's flexible packaging and Worldwide Dispensers businesses into the Liquibox brand while splitting the rigid plastics businesses into three independently operated units (Corplex, DW Reusables and Engineered Foam Products), creating a combined footprint of 35 manufacturing facilities and nearly 3,000 employees.

Sealed Air (SEE) Acquires Foxpak Flexibles Ltd.

February 2, 2022

Packaging

Sealed Air (NYSE: SEE) has acquired Foxpak Flexibles Ltd., a privately-owned Irish flexible packaging company known for pioneering digital printing on pouches and flexible films. The acquisition, conducted under SEE Ventures, adds digital printing and highly decorated flexible-packaging capabilities to Sealed Air’s portfolio and will support innovations in smart and digitally printed packaging for food, pet food, seafood and snacks markets.

Veritiv Acquires Vivabox Solutions

February 21, 2024

Packaging

Veritiv Corporation has acquired Vivabox Solutions, a full-service provider of customized kitting, premium packaging and marketing solutions, to expand Veritiv's kitting and assembly capabilities. Vivabox, headquartered in Rockville, Maryland with ~77 employees across Rockville, Dallas and Scottsdale, brings experience serving luxury and premium consumer brands as well as additional global supplier relationships and sourcing expertise.

Altor Solutions Acquires Lifoam Industries from Jadex for $137M

October 2, 2024

Manufacturing

Altor Solutions, a Compass Diversified (CODI)-backed cold-chain and protective packaging business, has acquired Lifoam Industries from Jadex Inc. for an enterprise value of $137 million in cash (excluding working capital and certain adjustments). The deal expands Altor's cold-chain packaging capabilities and geographic footprint with Lifoam's seven U.S. manufacturing sites and specialized thermal testing and engineering capabilities.

Charlesbank Capital Partners Acquires BOX Partners

December 14, 2021

Packaging

Charlesbank Capital Partners has acquired BOX Partners, a family-owned, technology-enabled wholesaler of packaging, shipping and industrial supplies headquartered in Elgin, Illinois. The deal—funded with equity and debt and marking the company's first outside equity—positions BOX to expand product categories, geographies and e-commerce capabilities; Neil Thomas will become CEO and the company's co-founder and president will step down.

Novvia Group Acquires Liquid Bottles

September 13, 2024

Packaging

Novvia Group, a PE-backed global rigid container and life sciences packaging distributor, has acquired Liquid Bottles LLC, a Florida-based supplier of plastic and glass containers and other rigid packaging products. The deal—terms not disclosed—adds a 40,000 sq ft Palmetto, Florida warehouse and management team to Novvia, expanding its product breadth and presence in the Southeastern U.S.; Novvia is backed by private equity firm Kelso & Company.