News

Form-Fill-Seal Packaging Industry Giants Make Headlines with Strategic Acquisitions

Breaking News in the Packaging Industry: Key Developments

PC Flexible Packaging LLC Acquires StePac, MAPfresh Holdings (February 2023):

    • In a strategic move, PC Flexible Packaging LLC, a renowned personalized flexible packaging supplier, has successfully acquired StePac, MAPfresh Holdings located in Tefen, Israel.
    • PC Flexible Packaging (PPC) is recognized as an industry leader in flexible film conversion, printing, and creative packaging solutions, including prototypes.
    • The acquisition solidifies PPC’s position in the cleanroom packaging industry, catering to diverse sectors such as horticulture, pet care, consumer snacks, specialty produce, organic brands, and medical and healthcare applications.

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Coveris Introduces Formpeel P, a Recyclable Thermoforming Film (November 2023):

    • Coveris unveils Formpeel P, the latest addition to its line of eco-friendly materials, at COMPAMED in Düsseldorf.
    • Formpeel P is designed for medical clients utilizing form-fill-seal machinery for bulk device production, emphasizing recyclability and environmental sustainability.

Ahlstrom and The Paper People LLC Collaborate on Sustainable Frozen Food Packaging (August 2023):

    • Ahlstrom and The Paper People LLC join forces to launch an innovative, environmentally friendly frozen food packaging solution.
    • This fiber-based packaging aims to replace traditional plastics and fossil fuel-derived films for frozen food, offering a certified recyclable alternative.

Liquibox and Cryovac Join Forces for Environmentally Friendly Fluid Packaging (November 2022):

    • Liquibox and Cryovac announce a strategic collaboration to expedite the development of environmentally friendly packaging solutions for the $3 trillion fluids and liquids market.
    • Liquibox projects robust financial performance, with full-year revenue and adjusted EBITDA for 2022 estimated at $362 million and $85 million, respectively.
    • The collaboration focuses on sustainable packaging solutions, leveraging Liquibox’s Cryovac AutopouchTM vertical form fill seal and Flex PrepTM automation solutions for increased efficiency in condiment and sauce back-of-house operations.

Syntegon Unveils SVX Series at Interpack (May 2023):

    • Interpack witnesses a significant breakthrough in vertical bagging as Syntegon introduces the SVX series, featuring four machines catering to popular vertical form, fill, and seal applications in various food industries.
    • The SVX series positions itself as a game-changer, providing manufacturers in frozen food, baked goods, confections, and snacks with enhanced pack style versatility and user-friendly features, offering a competitive edge over rivals.

Stay tuned for more updates in the dynamic world of packaging innovations!

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Packaging Web Wire shines as a subsidiary of Towards Packaging, dedicated exclusively to this dynamic sector. With a focus on the intricacies and nuances of packaging, Packaging Web Wire harnesses our consultancy's extensive knowledge and experience to provide specialized research and analysis. Through our platform, businesses gain access to invaluable insights and strategies crafted to address the ever-evolving challenges and opportunities within the packaging landscape. Towards Packaging stands as a leading global consultancy, renowned for its expertise in delivering comprehensive and strategic research solutions across a multitude of industries. With a seasoned team of consultants, we specialize in offering a wide range of services aimed at providing businesses with actionable insights and recommendations tailored to their specific needs and objectives.

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