Packaging News

CHICAGO--(BUSINESS WIRE)--Avetta®, the leader in intelligent work readiness across global supply chains, today revealed its 2026 North America customer award winners, hiring clients and suppliers that were celebrated on stage at the Avetta Summit Series event taking place in Chicago May 19-21. This annual awards program, now in its fifth year, celebrates organizations and individuals from across the Avetta community that are raising the standard for operational, safety and sustainability perfor...

MINNEAPOLIS--(BUSINESS WIRE)--Graco Inc. (NYSE: GGG), a global leader in fluid and powder handling technologies, today announced it has entered into a definitive agreement to acquire Valco Melton, a global provider of adhesive application and quality assurance systems, for $447 million in cash, including the present value of approximately $40 million in expected tax benefits, subject to customary adjustments. This represents approximately 14x Valco Melton’s full year 2025 EBITDA. The transactio...

TOKYO--(BUSINESS WIRE)--Asahi Kasei has combined the features of its photosensitive polyimide (PSPI) and dry film photoresist (DFR) into a new photosensitive film....

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed has introduced two new 3.3 kV silicon carbide (SiC) power module families – including high-power half-bridge baseplate modules and scalable full-bridge baseplate-less modules in industry-standard footprints — that are purpose-built to address the rapidly approaching power constraints driven by AI data centers and the broader energy transition. Meeting this moment requires power generation, conversion, and distribution that is faster, smaller, more effici...

WESTLAKE, Ohio--(BUSINESS WIRE)--Nordson Corporation (Nasdaq: NDSN) today reported results for the fiscal second quarter ended April 30, 2026. Sales were a second quarter record of $741 million compared to the prior year’s second quarter sales of $683 million. The second quarter 2026 sales included an organic sales increase of 7% driven by growth in all segments, as well as a favorable currency translation impact of 3%. This sales result was slightly offset by the previously announced divestitu...

CHICAGO--(BUSINESS WIRE)--R.R. Donnelley & Sons Company (“RRD” or the “Company”) today announced the pricing of an offering of $900.0 million aggregate principal amount of 11.000% / 11.000% Senior PIK Notes due 2031 (the “Notes”) (the “Offering”). The Offering was upsized from the previously announced offering size of $750.0 million aggregate principal amount of Notes. The Offering is expected to close on May 26, 2026, subject to customary closing conditions. The Company intends to use the...

DUBLIN--(BUSINESS WIRE)--Smurfit Westrock, today announces its intention to delist from the London Stock Exchange (the “LSE”) (the “LSE Delisting”). Once the LSE Delisting takes effect, the Company will be solely listed on the New York Stock Exchange. Background to and Reasons for the LSE Delisting On 30 April 2026, Smurfit Westrock announced its intention to undertake a review of its listing on the LSE. As part of the review, the Company carefully considered, among other factors, the level of...

TEMPE, Ariz.--(BUSINESS WIRE)--Amkor Technology Expands U.S. Advanced Packaging Footprint with Additional Land in Arizona...

ALPHARETTA, Ga.--(BUSINESS WIRE)--Mativ Holdings, Inc. (NYSE: MATV) today announced its participation in the following upcoming investor conferences: Stifel 2026 Boston Cross Sector 1x1 Conference in Boston, MA – June 2, 2026 Deutsche Bank 17th Annual Basic Materials Conference in New York, NY – June 3, 2026 Thank you for your interest in Mativ. We look forward to your participation in the conferences. About Mativ Mativ Holdings, Inc. is a global leader in specialty materials, solving our custo...

FRANKLIN, Tenn.--(BUSINESS WIRE)--Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired APC Packaging, a Florida-based supplier of sustainable, luxury beauty packaging solutions, including plastic and glass containers, closures, and related packaging components. Financial terms of the transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”). Founded in 2006 and headquartered in Fort Lauderdale, APC Packaging primarily serv...