Technological watch

Mac Papers has acquired US-based Wilkerson Packaging.The acquisition will enable Wilkerson Packaging to develop its paper and print, facility supplies and office products segments. It is engaged in packaging and facility supplies distribution.Based in the US, Mac Papers is one of the biggest merchant distributors in the US.
Færch Plast has entered a deal to acquire a controlling interest in 4PET Group.With the deal, Færch Plast aims to use the advanced infrastructure of 4PET to convert used plastic trays into raw material for new food contact products.The firm also aims to become an integrated plastic packaging supplier, achieving a circular economy for recycling food trays.Based in Denmark, Færch Plast is engaged in the supply of plastic packaging, while 4PET Group is a recycling firm based in The Netherlands.Pretium Packaging has completed an acquisition of Cox Container.“Aptar Group has made a firm offer with France-based investment firm Wendel to acquire all the share capital of CSP Technologies for $555m.”Based in the US, Pretium Packaging provides plastic containers and closures.Cox Container is engaged in extrusion blow moulding of high-density polyethylene (HDPE) containers that are used in food, beverage, dairy, and industrial applications.Resource Label Group has acquired Ingenious Packaging, an innovative labelling solutions provider based in Canada.Based in Sweden, Resource Label is engaged in providing pressure-sensitive labels, shrink sleeves, and radio-frequency identification (RFID) and near-field communication (NFC) technology for the packaging sector.Cartiera dell’Adda has acquired an 80% interest in Industria Cartaria Pieretti.Based in Italy, Cartiera dell’Adda is engaged in manufacturing paper products, while Industria Cartaria Pieretti manufactures papers and other related products.Industria Cartaria Pieretti has engaged Clairfield International as its financial advisor for the transaction.ALPLA Holding has acquired all the shares of Argo Egypt, a subsidiary of ARGO.Based in Austria, ALPLA Holding is engaged in plastic packaging, while ARGO specialises in packaging solutions for the pharmaceutical and personal care markets.MP Corporate Finance acted as the exclusive financial advisor to ARGO for the transaction.Aptar Group has made a firm offer with France-based investment firm Wendel to acquire all the share capital of CSP Technologies for $555m.The company proposes to use the available cash in hand to fund the transaction.Aptar has engaged Wells Fargo Securities as the exclusive financial advisor for the transaction, and Sidley Austin as the legal counsel.Based in the US, Aptar Group is engaged in manufacturing dispensing systems, while CSP Technologies provides custom polymeric solutions and speciality protective packaging.