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In September 2024, Veritiv announced its acquisition of Orora Packaging Solutions (OPS), strengthening its specialty packaging distribution capabilities. This strategic move allows Veritiv to expand its value-added solutions in North America, while Orora transitions to focus on its beverage packaging business. The acquisition aligns with Veritiv’s commitment to innovation, sustainability, and customer-centric offerings, enhancing its ability to meet complex packaging and supply chain needs
- In October 2024, shareholders of International Paper and DS Smith approved a merger, creating a global leader in sustainable packaging solutions. The combined entity is expected to generate pro forma sales exceeding USD 28 billion, reinforcing its position in the corrugated packaging market across North America and Europe. The merger enhances vertical integration, optimizes supply chains, and expands offerings in fiber-based packaging, aligning with growing demand for eco-friendly solutions
- In February 2024, Logson Group, the UK’s largest independent supplier of corrugated packaging, acquired Challenge Packaging, a leading provider of sustainable packaging solutions. This strategic move enhances Logson’s presence in Southeast England, expanding its offerings in the retail, e-commerce, and fresh food sectors. Challenge Packaging will continue operating as a standalone entity within Logson, maintaining its commitment to innovation and sustainability. The acquisition aligns with Logson’s broader vision of strengthening its RTP market position while diversifying its portfolio
- In April 2023, Brambles Limited completed the merger of CHEP China and LOSCAM China, strengthening its ability to meet the growing demand for returnable packaging solutions in supply chains. This strategic move enhances Brambles' pallet and automotive pooling operations, improving efficiency and sustainability in logistics. The merger, finalized after regulatory approvals, positions Brambles as a leading provider of reusable packaging, supporting businesses in optimizing supply chain management
- In March, 2022, IFCO, a global leader in Reusable Packaging Containers (RPCs), completed the acquisition of Sanko Lease’s RPC pooling services business through its subsidiary IFCO Japan. This strategic move positions IFCO Japan as the largest RPC pooling provider for fresh grocery products in Japan, reinforcing its commitment to sustainability and circular economy principles. The acquisition expands IFCO’s service center network, improves reverse logistics efficiency, and enhances RPC availability for customers. IFCO Japan and Sanko Group also entered a long-term strategic partnership to strengthen their market presence
