Sabert has announced its acquisition of Colpac, a UK-based manufacturer of paperboard packaging solutions for the food-to-go foodservice and industrial markets.
Sabert aims to ‘significantly enhance’ its presence in the UK, Irish and European markets with the acquisition and reinforce its global paperboard offering. The company says the combined business will offer an expanded product portfolio across its channels of operation with strengthened design, agility, enhanced UK-based manufacturing capabilities and a stronger platform for innovation.
“Colpac’s team, heritage, and specialist paperboard expertise are a perfect complement to Sabert’s portfolio. Together, we are better equipped to serve customers with a broad, innovative, and sustainable range of food packaging solutions,” comments Andrew Grimbaldeston, managing director of Colpac.
In related news, Ferrero recently revealed plans to acquire WK Kellogg for a total enterprise value of $3.1 billion, taking ownership of its boxed cereal portfolio. Aiming to expand its product offerings and overall footprint in the United States, Canada, and the Caribbean, Ferrero plans to invest in and grow various WK Kellogg brands including Frosted Flakes, Special K and Froot Loops.
Later the same month, Agilyx entered a binding agreement to acquire 44% of GreenDot, aiming to strengthen its presence in the European market and create a global platform for sourcing and supplying feedstock to the advanced recycling industry. GreenDot reportedly processes more than 1 million tonnes of packaging waste annually and is expanding its advanced recycling feedstock supply capabilities by investing in sorting facilities in Austria and Italy.
If you liked this story, you might also enjoy:
The ultimate guide to the Packaging and Packaging Waste Regulation in 2025
How are the top brands progressing on packaging sustainability?
Everything you need to know about global packaging sustainability regulation in 2025
The key to increasing the use of reusable packaging in supermarkets
No comments yet