Major Acquisitions and Collaborations Reshaping the Packaging Industry
In the dynamic landscape of the thin wall packaging market, strategic partnerships and acquisitions play a pivotal role in driving innovation and sustainability. Let’s delve into recent developments that are reshaping the sector.
Skanem AS Acquires Bergen Plastics AS and Heger AS: Consolidating Market Presence
- In a significant move in October 2023, Skanem AS finalized the acquisition of 100% of the shares in Bergen Plastics AS and Heger AS, consolidating its position in the packaging market. This strategic acquisition not only expands Skanem’s portfolio but also enhances its capabilities to meet the evolving needs of customers.
Oerlikon’s Acquisition of INglass S.p.A.: Advancing Technological Solutions
- April 2021 witnessed Oerlikon, a renowned supplier specializing in surface engineering, plastic processing, and additive manufacturing, acquiring INglass S.p.A., an Italian-based company known for its breakthrough hot runner systems technology. This acquisition marks a significant step for Oerlikon, as it integrates INglass’s innovative technology into its market-leading HRSflow division, further strengthening its position in the industry.
Heinz, Tesco, Berry Global, Plastic Energy, and Sabic: Collaborating for Sustainable Packaging Solutions
- In June 2022, industry giants Heinz and Tesco joined forces with packaging leader Berry Global, along with recycling technology experts Plastic Energy and Sabic. Together, they initiated a collaboration aimed at enabling the recycling of soft plastics deposited at Tesco’s in-store collection stations. This innovative partnership underscores a collective commitment to promoting sustainability and circularity in packaging practices.
Borealis and Trexel’s Venture into Sustainable Packaging: Leveraging Innovative Solutions
- September 2022 marked a significant milestone with Borealis and Trexel, collaborating to develop a groundbreaking plastic container. This container, based on a grade from Borealis’s BornewablesTM portfolio, is derived entirely from waste and residual streams. Leveraging Trexel’s expertise in foaming injection and blow-molded parts, this venture signifies a bold step towards achieving sustainable packaging solutions, addressing environmental concerns while meeting market demands.
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