ALUFLEXPACK acquired by CONSTANTIA FLEXIBLES

International Paper and DS Smith have reached an agreement on the terms of a recommended all-share combination. Under the terms, DS Smith shareholders are entitled to receive 0.1285 new International Paper shares for each DS Smith share, valuing the target at 415 pence per share (a 47.7% premium over the undisturbed share price). The transaction creates a truly global leader in sustainable packaging, with industry-leading positions in both Europe and North America. The strategic rationale is built on optimizing the combined mill network and supply chains, with expected pre-tax cash synergies of at least $514 million (£413 million) annually by the end of the fourth year

Arcosa has successfully finalized the acquisition of 100% of Ameron Pole Products from NOV Inc. This strategic transaction marks a significant expansion of the organization's Engineered Structures segment, providing an immediate foothold in the attractive concrete and steel lighting pole market. The strategic rationale for the move centers on the high degree of complementarity between the target's traffic and telecommunication structure offerings and the group's existing industrial portfolio. By incorporating the target’s specialized manufacturing facilities and experienced management team, the group enhances its nationwide presence and reinforces its capability to support high-growth infrastructure verticals, including the rollout of 5G small-cell networks

This transaction represents the enterprise's fifth consecutive leveraged buyout, orchestrated as a majority primary acquisition by the incoming private equity consortium. The operation allows the historical financial sponsors to achieve a complete and successful exit. A crucial element of this newly structured capitalization is the significant reinvestment from the incumbent executive team, alongside the integration of new key managers into the shareholder base, ensuring total strategic alignment

The acquisition of the South Texas cement and concrete operations by the group represents a significant strategic realignment within the North American building materials landscape. This transaction facilitates a major expansion of the organization's existing regional platform, specifically strengthening its Ash Grove cement business by integrating a high-capacity manufacturing nexus and an extensive downstream distribution network. The strategic rationale for the move centers on achieving geographic densification in the high-growth Austin and San Antonio corridors, where infrastructure demand remains structurally robust

Greif has finalized the acquisition of Ipackchem. The transaction was funded through Greif's existing credit facility and is expected to be immediately accretive to EBITDA margins. This strategic move allows Greif to capture $14.7 million in annual synergies by integrating Ipackchem's global operations into the Greif Global Industrial Packaging segment. The acquisition is a cornerstone of Greif's expansion into high-performance small containers, providing the group with advanced barrier technology capabilities and a stronger presence in the agrochemical market worldwide

Clayton, Dubilier & Rice (CD&R) has completed the acquisition of Veritiv Corporation in a public-to-private transaction. Under the terms of the agreement, CD&R acquired all outstanding shares of Veritiv common stock for $170.00 per share in cash. The strategic rationale for the acquisition is to support Veritiv’s ongoing transformation into a pure-play leader in specialty packaging distribution. By moving to a private ownership structure, Veritiv gains the financial and operational flexibility necessary to accelerate its "buy and build" strategy and invest in further supply chain optimizations

Tessilbiella has been acquired by Athena Holding, which now holds a 70% equity interest in the company following a capital increase financed by a consortium of investors and a senior loan from Intesa Sanpaolo. The transaction concluded after Athena Holding, together with several family offices and individual investors, subscribed to new shares issued by Aracne Holding, the direct shareholder of Tessilbiella, thereby consolidating control while the Crosa family retained a 30% stake and continued operational responsibilities

Mellby Gård AB crossed the 30% mandatory bid threshold in August 2023, a maneuver designed to fundamentally transition its role from the largest shareholder to the controlling parent of Duni Group. The strategic rationale for this transaction centers on a "long-term conviction" play, merging the target's industry-leading technical operational depth in circular dining solutions with the group’s established reputation as a stable, decentralized partner. This structural alignment provides the organization with the strategic certainty required to execute a multi-year transition toward reusable packaging and bio-based materials

Apollo Global Management, alongside a minority investment from Irenic Capital Management, has finalized the acquisition of Arconic Corporation, transitioning the entity to private ownership. The strategic rationale for this transaction centers on a "long-term-value" play, merging the target's industry-leading metallurgical capabilities with the acquirer's extensive experience in the aluminum fabrication sector. This fusion effectively provides the organization with the strategic backing required to pursue a definitive structural transformation, focusing on state-of-the-art process controls and the modernization of key machine centers

Michelin has successfully completed the acquisition of 100% of the share capital of Flex Composite Group (FCG) from the investment firms IDI and Andera Partners. This transaction is a cornerstone of Michelin's strategy to expand its "High-Tech Materials" division beyond tires. By integrating FCG, Michelin creates a new powerhouse in polymer composite solutions, unlocking deep innovation synergies. FCG's expertise in engineered fabrics and films perfectly complements Michelin's own R&D capabilities, allowing for cross-fertilization in product development for sectors like electric mobility and sustainable construction