Duni Group Acquires 80% of LinePack Oy

Duni Group Acquires SETI d.o.o.

August 27, 2024

Manufacturing

Duni AB (Duni Group) has acquired a 70 percent stake in SETI d.o.o., a Kranj-based Slovenian converter of airlaid and tissue tabletop products such as napkins, table covers and coasters. The transaction expands Duni's footprint in South East Europe and will consolidate SETI into Duni's Dining solutions business area from 1 October; SETI has annual net sales of approximately SEK 100 million.

ProMach Acquires Modern Packaging

July 9, 2020

Packaging

ProMach has acquired Modern Packaging, a Deer Park, New York-based manufacturer of cup and tray filling, sealing and lid-converting equipment for the food and dairy industries. Modern (founded 1989, with over 100 employees) will join ProMach’s Filling Business Line, with its founders remaining in leadership roles as ProMach invests to grow Modern’s capabilities and global reach.

Stord Acquires ProPack Logistics

April 5, 2024

Logistics & Distribution

Stord has acquired ProPack Logistics, a temperature-controlled fulfillment provider serving the nutrition and supplement industry, adding six refrigerated warehouses across the United States and Canada. The deal expands Stord’s omnichannel fulfillment footprint and capabilities, increasing its total fulfillment capacity and accelerating revenue and volume scale for DTC and B2B customers.

Greif, Inc. Agrees to Acquire IPACKCHEM Group SAS from SK Capital Partners

October 31, 2023

Packaging

Greif, Inc. has entered into exclusive negotiations to acquire IPACKCHEM Group SAS from an affiliate of SK Capital Partners in a cash transaction valued at $538 million. IPACKCHEM, headquartered in Paris with ~1,400 employees and LTM sales of ~$235 million (adjusted EBITDA ~$57 million), will expand Greif's capabilities in premium barrier and small plastic containers and support growth in EMEA and APAC.

SC Pack Group Acquires Frapak Packaging

September 16, 2025

Packaging

The SC Pack Group, backed by private equity investor MML Capital, has acquired Frapak Packaging — a longstanding partner and European supplier of glass and sustainable plastic packaging. The deal expands SC Pack’s European footprint and product portfolio, creating a combined group with ~€350m revenue and roughly 500 packaging professionals across more than 15 countries.

Stora Enso Acquires Finnish Sawmill Company Junnikkala Oy

May 2, 2025

Manufacturing

Stora Enso has completed the acquisition of Finnish sawmill company Junnikkala Oy for a total enterprise value of up to EUR 137 million, with part of the consideration contingent on production milestones. The Junnikkala sawmills — including a new mill in Oulu — will be integrated with Stora Enso’s packaging board site in Oulu to secure a cost-efficient wood supply, increase sawmilling capacity and generate estimated synergies of approximately EUR 15 million annually.