Packaging manufacturer and supplier Novolex, a portfolio company of The Carlyle Group, will acquire certain assets and business operations of Shields Bag and Printing Co., a Yakima, Washington-based manufacturer of custom-engineered flexible packaging products.
Sonoco’s president and CEO, M. Jack Sanders, will retire on April 2, 2018, following a 30-year career with the company. Sonoco’s Board of Directors has named Robert C. Tiede, who currently serves as the company’s executive vice president and COO, as CEO-elect. Tiede will join the board of directors upon Sanders’ retirement.
Bibo Barmaid of Annandale, New Jersey, recently partnered with Bemis Co., Inc. to produce individually-sized cocktail mix pouches for the first at-home cocktail machine that produces the drink in less than 20 seconds
Berry Global has entered into a definitive agreement to acquire the Clopay Plastic Products Company, a subsidiary of Griffon Corporation, for $475 million in cash on a debt-free, cash-free basis.
TC Transcontinental Packaging has introduced Oven N Done, Fresh Meals Made Easy, a new innovative packaging solution for the supermarket perimeter. Developed and created by the teams at Robbie in Lenexa, Kansas, this new solution offers supermarkets the opportunity to package fresh seafood or poultry meals with vegetables using their own stores’ chef-inspired recipes, spices and seasonings.