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Packaging
Who acquires Packaging companies
66 distinct acquirers across 110 recorded transactions, 2014 to 2026. Every buyer below has completed at least one acquisition in this sector.
110
Transactions
2014 to 2026
66
Named acquirers
distinct buyers
6.7x
Median EV/EBITDA
from 11 disclosed
$86m
Median deal size
enterprise value
Most active acquirers
Ranked by number of acquisitions recorded in this sector. A buyer that has done this more than once has a thesis, and a thesis is what makes an approach worth making.
- MacFarlane Group8 deals
- Amcor8 deals
- CCL Industries7 deals
- Huhtamaki6 deals
- Sonoco5 deals
- Graphic Packaging4 deals
- Wildpack Beverage3 deals
- PCA3 deals
Recorded transactions
| Target | Acquirer | Date | Value | EV/EBITDA | EV/Revenue |
|---|---|---|---|---|---|
| Sealed Air Corporation | CD&R | 2026-04-09 | $10.3bn | 0.0x | 0.0x |
| Greif containerboard business | Packaging Corporation of America | 2025-08-31 | $1.8bn | 0.0x | 0.0x |
| Pacific Sun Packaging Inc. | PMGC Holdings Inc. | 2025-07-07 | $1m | 0.0x | 0.0x |
| Berry Global Group | Amcor plc | 2025-04-30 | $0k | 0.0x | 0.0x |
| Zellwin Farms | Huhtamaki | 2025-04-24 | $18m | 0.0x | 0.9x |
| Ferguson Containers | Reichard Corrugated Products | 2025-04-07 | $3m | 0.0x | 0.0x |
| Pactiv Evergreen Inc. | Novolex Holdings | 2025-04-01 | $2.8bn | 0.0x | 0.0x |
| Sonoco Thermoformed and Flexibles Packaging and Trident businesses | TOPPAN Holdings Inc. | 2025-04-01 | $1.8bn | 0.0x | 0.0x |
| DS Smith plc | International Paper Company | 2025-01-31 | $0k | 0.0x | 0.0x |
| Pitreavie | MacFarlane Group | 2025-01-13 | $28m | 0.0x | 0.0x |
| Weener Plastics | Silgan | 2024-07-24 | $944m | 8.7x | 1.9x |
| Polyformes | MacFarlane Group | 2024-07-08 | $18m | 7.7x | 1.2x |
| Graphic Packaging - Augusta Paperboard Manufacturing Facility | Clearwater Paper | 2024-02-20 | $700m | 0.0x | 0.0x |
| Ipackchem | Greif | 2023-10-31 | $538m | 0.0x | 0.0x |
| JacPak | IVE Group | 2023-10-25 | $25m | 0.0x | 0.8x |
| Körber Group - Business Area Tissue | Valmet | 2023-07-07 | $428m | 0.0x | 1.2x |
| Adler Tank Rentals | Ironclad Environmental | 2023-02-01 | $265m | 0.0x | 0.0x |
| WestRock - URB Mills | Ox Industries | 2022-11-09 | $50m | 0.0x | 0.0x |
| Allied Glass | Verallia | 2022-11-02 | $485m | 0.0x | 2.3x |
| Bevcorp | JBT | 2022-09-01 | $290m | 0.0x | 0.0x |
| MFT-CKF | CKF | 2022-07-27 | $32m | 0.0x | 0.0x |
| Advantage Label & Packaging | UFP Industries | 2021-12-20 | $16m | 0.0x | 0.0x |
| Consol Glass | HarbourVest Partners (PE) | 2021-11-26 | $760m | 0.0x | 1.1x |
| Land and Sea Packaging | Wildpack Beverage | 2021-11-23 | $37m | 0.0x | 0.0x |
| Fabri-Kal | Pactiv Evergreen | 2021-09-08 | $380m | 0.0x | 0.0x |
| Vertical Distilling | Wildpack Beverage | 2021-08-09 | $5m | 0.0x | 0.0x |
| CraftPac | Wildpack Beverage | 2021-07-05 | $2m | 0.0x | 0.0x |
| Americraft Carton | Graphic Packaging | 2021-04-27 | $280m | 0.0x | 0.0x |
| GWP | MacFarlane Group | 2021-03-01 | $23m | 0.0x | 0.0x |
| International Paper Co. - Kwidzyn pulp and paper mill | Mayr-Melnhof Karton AG | 2021-02-12 | $755m | 0.0x | 0.0x |
| ACPO Ltd. | Avery Dennison | 2021-01-04 | $88m | 0.0x | 0.0x |
| Paperpack | CEE Equity Partners (PE) | 2020-12-23 | $32m | 0.0x | 0.0x |
| IPL Plastics | Madison Dearborn Partners (PE) | 2020-07-29 | $746m | 0.0x | 0.0x |
| Printstock Products Ltd. | Gourmet Foods of New Zealand Ltd. | 2020-07-07 | $1m | 0.0x | 0.0x |
| InTouch Labels & Packaging Co. | CCL Industries | 2020-07-02 | $11m | 4.0x | 1.1x |
| International Paper Co. - Corrugated Packaging Business | Klabin | 2020-03-29 | $91m | 0.0x | 0.0x |
| Greif | Graphic Packaging | 2020-02-27 | $85m | 0.0x | 0.0x |
| Quad/Graphics | Quad/Graphics | 2020-01-28 | $40m | 0.0x | 0.0x |
| Albéa | Silgan | 2020-01-27 | $900m | 0.0x | 2.3x |
| Flexpol Sp. Z.o.o | CCL Industries | 2020-01-03 | $22m | 0.0x | 0.0x |
| ESCO Technologies | Sonoco | 2020-01-02 | $187m | 0.0x | 0.0x |
| Airnov | Arsenal Capital Partners (PE) | 2019-07-22 | $320m | 0.0x | 2.3x |
| Solidus | Centerbridge Partners (PE) | 2019-06-28 | $372m | 0.0x | 0.0x |
| Automated Packaging Systems | Sealed Air | 2019-05-01 | $510m | 0.0x | 1.8x |
| Craft Canning + Bottling | Eastside Distilling | 2019-01-14 | $5m | 0.0x | 0.0x |
| Pollock Packaging | Orora | 2018-11-29 | $81m | 0.0x | 0.3x |
| Letica Corp. - FoodService Business | Graphic Packaging | 2018-08-28 | $95m | 0.0x | 0.9x |
| Aptar CSP Technologies | Aptar | 2018-07-27 | $555m | 0.0x | 4.1x |
| Highland Packaging Solutions | Sonoco | 2018-03-22 | $150m | 0.0x | 0.0x |
| Richelieu Foods | Windsor Dermatology | 2017-11-02 | $435m | 0.0x | 0.0x |
| Greenwoods Stock Boxes Ltd. | MacFarlane Group | 2017-09-18 | $26m | 8.4x | 1.2x |
| Fagerdala Singapore Pte Ltd. | Sealed Air | 2017-09-11 | $100m | 0.0x | 0.0x |
| Integrated Packaging Group Pty Ltd. | Pro-Pac Packaging | 2017-09-11 | $178m | 0.0x | 0.0x |
| Sacramento Container Corp. | PCA | 2017-08-21 | $265m | 0.0x | 0.0x |
| Hanna Group Pty Ltd. | WestRock | 2017-08-01 | $53m | 0.0x | 0.0x |
| Royal Wolf | General Finance | 2017-07-24 | $184m | 0.0x | 0.6x |
| Clear Lam Packaging | Sonoco | 2017-06-26 | $170m | 0.0x | 0.0x |
| Peninsula Packaging Co. | Sonoco | 2017-02-16 | $230m | 0.0x | 1.2x |
| Excelsior Technologies | Mondi | 2017-02-06 | $51m | 0.0x | 0.8x |
| Clougherty Packing LLC (Farmer John Meats) | Smithfield | 2016-11-21 | $145m | 0.0x | 0.0x |
| Plastiape SpA | RPC Group Ltd. | 2016-11-21 | $169m | 0.0x | 0.0x |
| Encore Industries | IPL | 2016-11-04 | $35m | 6.0x | 0.7x |
| MACtac LLC | LINTEC Corp. | 2016-10-24 | $375m | 0.0x | 0.0x |
| Columbus Container | PCA | 2016-10-11 | $100m | 0.0x | 0.0x |
| Beepack | Mondi | 2016-10-10 | $46m | 5.9x | 0.0x |
| Sonoco - Rigid Plastics Blow Molding Operations | Amcor | 2016-09-01 | $280m | 0.0x | 0.0x |
| Labelone Ltd. | CCL Industries | 2016-08-31 | $18m | 5.9x | 1.6x |
| PPG - Flat Glass & Glass Coatings Operations | Vitro | 2016-07-21 | $750m | 0.0x | 0.0x |
| Synpac Ltd. | Synnovia | 2016-07-17 | $5m | 5.2x | 0.7x |
| TimBar Packaging & Display Group | PCA | 2016-07-06 | $386m | 0.0x | 1.2x |
| GEKA GmbH | Sulzer | 2016-07-04 | $293m | 0.0x | 0.0x |
| Color Optics | Phoenix Color | 2016-06-22 | $7m | 0.0x | 0.0x |
| Delta Packaging Ltd. | Huhtamaki | 2016-05-19 | $116m | 0.0x | 1.5x |
| Eukerdruck GmbH & Co. KG | CCL Industries | 2016-05-13 | $31m | 0.0x | 0.8x |
| Edward McNeil Ltd. | MacFarlane Group | 2016-05-03 | $3m | 0.0x | 0.5x |
| Mactac Europe SPRL | Avery Dennison | 2016-04-27 | $225m | 0.0x | 1.4x |
| Alusa S.A. | Amcor | 2016-04-18 | $435m | 0.0x | 1.2x |
| Westfield Medical | Maven Capital Partners (PE) | 2016-04-10 | $18m | 0.0x | 0.0x |
| Colton Packaging Teesside Ltd. | MacFarlane Group | 2016-04-05 | $2m | 0.0x | 0.4x |
| DIS B.V. | Refresco Gerber | 2016-03-29 | $81m | 7.5x | 0.0x |
| BPI China Ltd. | Amcor | 2016-01-27 | $13m | 0.0x | 0.0x |
| Mabel's Labels | CCL Industries | 2016-01-04 | $12m | 0.0x | 0.0x |
| Deluxe Packages | Amcor | 2016-01-03 | $45m | 0.0x | 0.0x |
| FIOMO a.s. | Huhtamaki | 2015-12-23 | $32m | 0.0x | 1.3x |
| Cenveo Packaging | WestRock | 2015-12-10 | $105m | 0.0x | 0.0x |
| Ultra Flex Packaging Corp. | Transcontinental | 2015-09-01 | $80m | 6.7x | 1.1x |
| SP Fiber Holdings | WestRock | 2015-08-11 | $289m | 0.0x | 0.0x |
| One Packaging Ltd. | MacFarlane Group | 2015-08-05 | $4m | 0.0x | 0.6x |
| Packaging India Pvt. Ltd. | Amcor | 2015-07-13 | $25m | 0.0x | 0.7x |
| Pure-Stat Technologies | Huhtamaki | 2015-07-02 | $7m | 0.0x | 0.0x |
| inspirepac Ltd. | Smurfit Kappa Group | 2015-04-15 | $67m | 0.0x | 0.0x |
| Robert Mann Packaging | Pratt Industries | 2015-04-15 | $60m | 0.0x | 0.0x |
| Souza Cruz - Packaging Operations | Amcor | 2015-04-09 | $27m | 0.0x | 0.0x |
| Nampak Flexibles | Amcor | 2015-03-26 | $19m | 0.0x | 0.2x |
| Butterworth Paper Cups Sdn. Bhd | Huhtamaki | 2015-03-13 | $9m | 0.0x | 0.0x |
| Aptar CSP Technologies | Wendel Group (PE) | 2015-01-30 | $360m | 0.0x | 0.0x |
| Positive Packaging Industries Ltd. | Huhtamaki | 2015-01-30 | $336m | 0.0x | 1.4x |
| Lonstroff AG | Sumitomo Rubber Industries | 2015-01-08 | $46m | 0.0x | 0.0x |
| Zhongshan Tian Cai Packaging Co. Ltd. | Amcor | 2014-12-17 | $33m | 0.0x | 0.8x |
| Anheuser-Busch Glass Production Plant in Nava | Constellation Brands | 2014-12-16 | $300m | 0.0x | 0.0x |
| Cascades Boxboard Group | Graphic Packaging | 2014-12-11 | $45m | 0.0x | 0.0x |
| Clondalkin - Packaging Division | Essentra | 2014-12-11 | $455m | 7.8x | 1.0x |
| Druckerei Nilles GmbH | CCL Industries | 2014-12-03 | $17m | 0.0x | 0.0x |
| Neopak | Ethos Private Equity (PE) | 2014-12-01 | $143m | 0.0x | 0.0x |
| Label Connections Ltd. | CCL Industries | 2014-11-04 | $2m | 0.0x | 0.0x |
| Flexipol Packaging Ltd. | Synnovia | 2014-11-03 | $16m | 0.0x | 0.0x |
| Weidenhammer Packaging Group GmbH | Sonoco | 2014-10-31 | $383m | 0.0x | 0.0x |
| Bates Container LLC | Smurfit Kappa Group | 2014-09-29 | $150m | 0.0x | 0.0x |
| MACtac LLC | Platinum Equity (PE) | 2014-09-08 | $170m | 0.0x | 0.0x |
| Network Packaging Ltd. | MacFarlane Group | 2014-09-08 | $12m | 0.0x | 0.9x |
n/d means not disclosed. Most transactions close without a published multiple, which is why the disclosed count matters more than the median.
Who owns Industrials & Manufacturing companies
On PEStore, Packaging sits within Industrials & Manufacturing. PEStore profiles the private equity firms and serial acquirers active there: what they own, how long they have held it, and every deal on record. Underlined acquirers above link to their profiles.
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