Consolidation continues

On the supplier side, we have the acquisition by Flint Group of Xeikon. This follows the acquisition of Nuova Gidue by Bobst earlier this year. Both Xeikon and Nuova Gidue were highly innovative companies but relatively small players on a global scale, and the new ownership will give them access to an existing global infrastructure, industry expertise and investment finance.

On the converter side, there are two major stories: Constantia Flexibles – itself part of a giant global package converting group – continues its quest to become a leading global player in the labels market with the acquisition of Pemara. This brings Constantia a significant factory, technology and customer base in Australia, Malaysia, Vietnam and Indonesia.

And Americk Packaging will be a 150m USD global package converting operation following its acquisition of Adare Advantage in the UK.

We also report on plans by Nuceria, Italy’s leading label and packaging converter, to expand into Spain to confirm itself as one of Europe’s leading converting groups.

Brand globalization with the need for local delivery will continue to drive these trends.