Packaging Acquisitions in 2018

Namakor Holdings has acquired B & C Packagings and Film Tech Plastics and will integrate the businesses into its Gelpac packaging platform. The deal adds polyethylene production capacity and R&D capabilities to Gelpac, supporting the company’s growth and ability to serve North American customers.

Berry Global Group, Inc. completed the acquisition of Laddawn, Inc., a U.S.-based manufacturer of blown polyethylene bags and films with a proprietary e-commerce sales platform. Laddawn reported over $145 million of net sales for the 12 months ended July 31, 2018 and approximately 380 employees across five U.S. manufacturing sites; Berry said the deal will expand its Engineered Materials portfolio and leverage Laddawn's web and mobile capabilities to better serve small and medium customers.

Liberty Diversified International (LDI), a Minneapolis-based, family-owned packaging and manufacturing group, acquired Preferred Packaging and Crating, Inc., a Phoenix-based manufacturer of corrugated, wood and foam packaging. Preferred Packaging will operate under its existing brand and join LDI's Packaging South Group, with co-owners Mike and Andi Eagleton remaining with the business to provide continuity.

ORBIS Corporation, a subsidiary of Menasha Corporation, has acquired Response Holdings Corporation (Response Packaging), a Greenville, South Carolina-based maker of custom dunnage and fabricated steel rack systems. The deal (covering facilities in Piedmont and Greenville, South Carolina; Auburn Hills, Michigan; and León, Mexico) expands ORBIS's custom packaging capabilities and establishes additional manufacturing presence in the Southeast U.S. and Mexico to better serve automotive and industrial customers.

Bain Capital Private Equity has acquired World Wide Packaging LLC, a US-based cosmetics packaging provider, and simultaneously purchased a Chinese cosmetics packaging manufacturer with plans to merge the two into an integrated global solutions provider. The transaction keeps WWP's senior management in place and aims to combine US customer-facing design and sales capabilities with manufacturing scale in China to expand service offerings and access high-growth Asian markets.