March 12: The most recent updates to this tracker include:

• Amcor and Berry Global announced the expiration of the antitrust regulatory waiting period in the U.S., indicating no expected obstacles. The companies also reported receiving regulatory approval in China and Brazil. The $8.4 billion deal is on track to close midyear.
• ArchPoint Group, the parent company of Acadian Crossing Consumer Products, acquired a 50% equity stake in NatureStar North America, known for its Matter products. The Matter brand sells a range of compostable food service ware items at major retailers such as Target, Walmart and Amazon.
• The Oakdale Co., an investment firm, acquired New York-based Century-Tech, a manufacturer of machinery and solutions for flexible packaging. Century-Tech intends to scale through acquisitions and further investments in capabilities for “biodegradable and sustainable packaging technologies.”
• Smyth Cos. has changed private equity owners, following a sale by Novacap to Crestview Partners. Minnesota-based Smyth is a provider of pressure-sensitive labels, shrink sleeves, flexible packaging and other products. Crestview aims to fund further acquisitions involving Smyth in the future.
• Constantia Flexibles acquired a majority stake in Aluflexpack, a Switzerland-based provider of flexible packaging for the food and pharmaceutical industries. Aluflexpack has an estimated 1,700 employees and facilities in nine countries. Constantia is a portfolio company of private equity firm One Rock Capital Partners.

Analysts project M&A activity could tick up in 2025 – after a string of megadeals, there’s still plenty of runway for consolidation. Packaging Dive aims to track as many deals as possible to help you stay up to date.

Although the packaging industry is global, this list focuses on deals involving companies that are either based, or have a notable presence, in the U.S. or Canada. We list the acquirers by their parent company or common operating name, which may differ from the specific legal entities involved in the acquisitions. The list can be sorted by category by clicking on each column title in the table below. You can also scroll down to see archived lists from 2023 and 2024.

Do you know of new deals we should include, or are you hearing about a tip you want us to investigate? Get in touch at [email protected].