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Packaging - 1998

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Rexam is selling its corrugated board business to SCA of Sweden for £195m, and will now look to sell the remaining operations in its industrial packaging division.
22-Dec-1998


Rexam has had its £379m takeover bid for PLM accepted by the Swedish packaging group.
16-Dec-1998


Terinex has acquired Le Gem, the Leicester-based supplier of paper products, cling film and aluminium foil, for undisclosed terms.
11-Dec-1998


Crest Packaging has accepted a £16m offer from Angley, a vehicle controlled by Crest's executive deputy chairman.
03-Dec-1998


Akzo Nobel has sold the recently-acquired Courtaulds plastics packaging and laminate and aluminium tubes businesses to management in a £103m deal.
27-Nov-1998


MY Holdings, the paperboard and plastic packaging concern, is buying S&D Cartons of Somerset for £1.2m.
19-Nov-1998


LTG Technologies has launched a £10m takeover offer for Crabtree, the can-making engineering group.
12-Nov-1998


Bunzl has acquired Xpedx, the US distributor of disposable products, from International Paper for undisclosed terms.
10-Nov-1998


Skymark Packaging is to invest up to £2m on lamination lines for its newly-acquired Huntsman Packaging business in Scunthorpe, and up to 30 new jobs will be created over the coming year.
09-Nov-1998


Geka Manufacturing is to create 40 jobs at its packaging plant in Stanley, Co Durham, having won a £1.3m expansion grant from the Department of Trade and Industry.
06-Nov-1998


Metsae-Serla of Finland has bought UK Paper, the fine paper maker, from Fletcher Challenge Paper of New Zealand for £92m.
05-Nov-1998


Skymark Packaging International has acquired Huntsman Packaging, the Scunthorpe-based supplier of plain and printed films for the hygiene, food and medical industries.
04-Nov-1998


AM Paper, the Skelmersdale-based tissue paper manufacturer, has acquired Pennington Paper Products of Wigan.
17-Oct-1998


Jarvis Porter has acquired Wace Corporate Packaging, the manufacturer of board cartons and vision packaging, from Wace Group for £5.5m.
14-Oct-1998


Pakfin, the magazine wrapper, is planning to create a further 100 jobs by opening a second site in Colchester.
14-Oct-1998


Traxdata is planning to create a further 200 jobs at its new £5.5m compact disc packing plant in Williamstown, Wales.
13-Oct-1998


South Staffordshire Water has acquired Britannia Envelope Manufacturing, the Stoke-based envelope manufacturer, for £3.4m.
01-Oct-1998


Sidlaw has acquired S&R, the Edinburgh-based manufacturer of plastic and paper packaging, for £4.3m in order to improve its service to major confectionery clients.
25-Aug-1998


Liberfabrica, the Bath-based book manufacturer, is acquiring Koninklijke Wohrmann, the Dutch printer, for £10.7m.
22-Aug-1998


Protection Packaging has acquired Otford Specialised Foams from TransTec for £2.3m.
14-Aug-1998


Field Group has acquired Drukkerij Van Os, the Dutch supplier of pharmaceutical booklets, for £3.7m.
08-Aug-1998


BWI is to acquire RA Jones, the US packaging machinery company, for £33m, which will almost double its size and take it into new areas such as electronic packaging.
18-Jul-1998


Norcros is to sell its Norprint labelling business to management for £8m, in order to focus on ceramics and speciality chemicals.
13-Jul-1998


Hallmark Cards UK has acquired Creative Publishing, the greeting cards producer, for £188m, and the combined group will have a 29% market share.
10-Jul-1998


RPC is buying the German disposable packaging business of Gizeh from Deutsche Beteiligungs for £16m, which will make it the second largest producer of plastic cups in Europe.
08-Jul-1998


Tinsley Robor, the music packaging company, is to be acquired by Impac of the US for £84m.
08-Jul-1998


Norcros has sold its Magnordata ticketmaking business to Docusystems of the US for £5.5m, as part of a strategy to focus on tiles, adhesives, showers and speciality chemicals.
01-Jul-1998


Rexam has bought Plasticos Dumex, the Mexican closures and containers company, for £5m.
16-Jun-1998


Procter & Gamble is to set up a £100m tissues and towels factory in Manchester, creating 200 jobs, and production is due to start within two years.
10-Jun-1998


Molins is selling its Langston corrugated board machinery business in the US to a portfolio company of BankBoston Capital for £30m.
10-Jun-1998


St Ives has launched a £33m recommended offer for Hunters Armley, the printing company, which will give it about 10% of the market for direct-mail printing.
23-May-1998


American Greetings Corp of the US has acquired Hanson White, the supplier of greetings cards, for undisclosed terms.
12-May-1998


CVC and Cinven, the UK venture capital groups, have won the auction to acquire the newly-named Kappa Packaging business from KNP of the Netherlands, in a £1bn deal.
12-May-1998


Field Group has acquired Egelhard, the French cartons company, for £2.7m.
04-May-1998


Ekco Packaging has acquired the aluminium foil and ovenable board tray business of Rexam for £12m.
02-May-1998


Rexam has bought Lawson Mardon's medical products division, which exports packaging, bags and pouches for hospitals, for £5.3m.
28-Apr-1998


Boxmore International is acquiring Munier Cartonnage, the French supplier of packaging to the health care sector, for up to £4.2m.
22-Apr-1998


ACX Technologies of the US has announced a £90m management buy-out of the plastics division of its recently-acquired Britton Group.
21-Apr-1998


Wace is selling most of its UK printing business to Electra Fleming for £53m, in order to eliminate borrowings and focus on pre-press graphics and imaging.
17-Apr-1998


Investcorp of Bahrain has won government approval to acquire both Watmoughs and the British Printing Company in order to create the UK's largest independent commercial printing group.
16-Apr-1998


Waddington has sold its Waddington Arcol protective foam packaging business to Padiham Group for £6.6m.
14-Apr-1998


Rexam is acquiring Tritek Cardboard Packaging, the Newcastle-based corrugated sheet board converter, for £6.7m.
09-Apr-1998


Rexam is selling its Smith & McLaurin self-adhesive labels business to management for £12.4m.
19-Mar-1998


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.
11-Mar-1998


Lawson Mardon Carton Europe has been bought by a management buy-in team for about £40m, and under its new name of First Cartons will offer a Europe-wide service for the supply of cartons to the confectionery, food and spirits sectors.
05-Mar-1998


Rexam has acquired NatWest Print, the cheque book printing operation of National Westminster bank, for £8.5m.
03-Mar-1998


BTR has sold its glass and plastic bottling operations to Owens-Illinois of the US for £2.2bn, and Owens-Illinois is now hoping that European regulators will not object to its strong position in the glass packaging market.
03-Mar-1998


Rexam is acquiring Pajco Products, the US paper coverings business, for £13m and will integrate it with its coated paper business based in Massachusetts.
24-Feb-1998


Investcorp of Bahrain has made an agreed £250m offer to acquire Watmoughs, as well as an undisclosed offer to buy the British Printing Company, as it aims to create the UK's largest commercial printing company.
24-Feb-1998


Rexam has reduced its stake in Graphocolor, the French metallised packaging company, from 50% to 20%, and sold its J Arthur Dixon greetings card business, raising a total £2.1m.
10-Feb-1998


MY Holdings is planning to acquire Farmoprint, the Italian packaging company, for up to £3m, and is also said to be planning marketing alliances in France and Germany.
10-Feb-1998


Waddington has acquired Trans Container Corporation, the Californian manufacturer of plastic bottles for pills, for £20m, in order to complement its existing healthcare packaging business on the other side of the US.
04-Feb-1998


Cookson, the industrial materials company, is selling the UK horticultural products business of its Plantpak division to Synbra UK, the Dutch producer of plastics for the packaging and construction sectors.
08-Jan-1998


BFT Plastics is linking up with Krupp Kautex of Germany to make plastic pallets at its Carrickfergus plant in Northern Ireland, and plans to employ up to 70 people in its challenge to the worldwide dominance of wooden pallets.
02-Jan-1998