DS Smith buys Lantero Group
DS SmithEurope's leading recycled corrugated packaging company, has acquired for €190M, the corrugated division of Lantero Groupin which it already held a minority stake.
"The acquisition is aimed at strengthening the DS Group's presence in Spain, a market that the company considers strategic and in which it will be able to achieve a market share of 10% thanks to this operation. In 2014, DS Smith had already acquired the Turolense company Andopack for this purpose," says Diego Gutierrez of DS Smith. ABRA-INVEST
Duravent buys Mespack
The US multinational Duravanta food processing, packaging and material handling equipment manufacturer, bought the Catalan company Mespack, which specialises in horizontal flexible packaging machinery.
The acquisition of Mespack is Duravent's second purchase in less than a month, having acquired US packaging equipment and systems specialist Hamer at the end of May.
Viscofan buys Nanopack
Viscofan has bought for €4M, the 51% from Catalan company Nanopack Technology & Packaging.
Nanopack develops speciality and bioplastic plastic applications in films based on oriented, additivated polyethylene and polylactic acid for the European packaging sector.
Viscofán stresses that this "strengthens its competitive position and its ability to offer differentiated products".
Ferro Corporation buys Nubiola
In addition to the packaging sector, we highlight the operation carried out by the American company Ferro Corporation has completed the acquisition of the Catalan company Nubiola. Nubiola is active in the production of inorganic pigments, being the largest producer of ultramarine blue in the world, as well as a reliable partner in a wide variety of pigments such as iron oxide, zinc ferrites, etc.
The deal strengthens Ferro's position in the inorganic pigments segment and is a further step in the US company's strategy to become a global leader in functional paints and colour solutions.
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