Packaging Acquisitions in 2017

RiceBran Technologies sold its contract manufacturing and packaging subsidiary, Healthy Natural, Inc., to an affiliate of Rosewood Private Investments for $18.3 million. RiceBran said it will use proceeds to eliminate $12.5 million of senior and subordinated debt, cover transaction costs and increase liquidity as it refocuses on its core ingredients business to drive shareholder value.

Toronto-based private equity firm Lynx Equity Limited has acquired Label Express, a Croydon, UK-based label manufacturer and express labeling services provider. The acquisition supports Lynx Equity's ongoing expansion into the UK/European market and secures continuity through a committed management team that will remain post-sale.