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API Group is to acquire MEPA-S, the German distributor of foil products, for £1m.

API Group is planning to sell its API Converted Products division, which includes 250 staff in Saxmundham, Cheltenham and Nelson, to a management buy-in for up to £12m.

API Group has sold its Caerphilly-based Metallised Paper division to a management buy-in operating under the name of Metallised Products.

API Group has sold Learoyd Packaging, the Burnley-based food packaging manufacturer, to a management buy-out, as part of a strategy to focus on coatings.

API, the Macclesfield-based foils and laminates group, has acquired Ohio-based Chromagen for £1.8m.

API is to acquire Astor Universal, the foil packaging company, from Markem Corporation of the US for £30m, in order to gain access to Astor's cold foil technology and improve its product range and geographical coverage.

API is buying Learoyd Group, the specialist film and packaging producer, for up to £22m.