Graphic Packaging, Onex and Ecolab seal takeovers

- Last updated on GMT

Related tags: Corporation

Three completed deals
Three completed deals
Graphic Packaging, Onex Corporation and Ecolab have all completed acquisitions to boost 2013 business.

Graphic Packaging has completed the £71m deal to buy Contego Packaging, after the UK Office of Fair Trading (OFT) cleared it, and the purchase of A&R Carton Holding for €19m.

The combination of the firm’s European packaging business with the two acquisitions will form one of Europe's largest folding carton businesses and provide web and sheet-fed converting assets, creating a manufacturing platform similar to US operations, said Graphic Packaging.

Elsewhere, Onex Corporation’s acquisition of KraussMaffei for $736.3m (€568m) in September 2012 was the first European investment from its private equity fund.

Onex Partners III will make an investment of $353m, of which Onex’s share is about $89m as a limited partner in the fund.

Separately, Ecolab closed its deal for Quimiproductos S.A. de C.V, a manufacturer and provider of cleaning and sanitizing and water treatment products to beverage and brewery customers in Mexico.

Quimiproductos had estimated 2012 revenue of $43.4m and operates in Central and South America.

Related news

Show more

Related products

Accelerate your supply chain as pressures intensify

Accelerate your supply chain as pressures intensify

WRBM - Healthy and Natural | 17-Sep-2018 | Technical / White Paper

Food, Drink and Non-Food manufacturers are under pressure. Range reviews, massive retail mergers, the backlash against plastic packaging and the ongoing...

Beyond beverages: drinking occasions boost innovation

Beyond beverages: drinking occasions boost innovation

Glanbia Nutritionals | 14-Sep-2017 | Technical / White Paper

Today’s beverage consumers want it all: health, functionality and taste in a convenient format, to suit modern, busy lifestyles. Consumers of every age...

Related suppliers

Follow us


View more