- In February 2023, Sealed Air Corp. acquired Liqui Box for USD 1.15 billion, expanding its packaging portfolio with Liqui Box's expertise in sustainable fluid and liquid packaging technologies. The acquisition strengthens Sealed Air's position in the growing demand for eco-friendly solutions, particularly in bag-in-box packaging, aligning with global sustainability initiatives
- In November 2022, Zotefoams PLC, a leading industrial plastics company, acquired Refour APS, a move to enhance its sustainable packaging solutions. Through this acquisition, Zotefoams plans to fast-track the development of fully recyclable mono-materials, leveraging Refour’s expertise and technologies. This supports the company’s commitment to advancing eco-friendly innovations within its MuCell Extrusion division
- In March 2021, Recticel NV acquired FoamPartner, combining resources to boost the development of sustainable foam solutions. The acquisition enables Recticel to expand its global presence, enhance innovation in its product offerings, and leverage synergies for better efficiency. FoamPartner’s expertise complements Recticel’s commitment to leading-edge solutions in the foam industry and sustainability efforts
- In February 2020, PAI Partners became the majority shareholders of Armacell, a global leader in flexible foam insulation. This acquisition, with KIRKBI and Armacell’s senior management retaining minority shares, aims to strengthen Armacell’s strategic growth and innovation capabilities. The partnership emphasizes expanding Armacell’s global footprint while continuing its focus on sustainable solutions in insulation
