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Packaging - 1997
Low & Bonar is selling its European polyethylene film business to British Polythene Industries for £7.7m, and also announced a £13m restructuring of its UK carton and North American plastic sack businesses.
Britton Group, the plastics and packaging company, has agreed to a £198m takeover offer from ACX of the US.
Hall Engineering is selling Improved Marking & Label Company, the maker of labels and name plates, to a new company called Inhoco 648 for £3m.
Delta Print and Packaging is planning a £17m investment in its full-colour carton manufacturing factory in Belfast, creating 150 jobs.
British Vita, the foams and plastics company, is acquiring Crest Foam Industries of the US and Silvergate Plastics, the UK colour compounding company, for a total of £15m.
McCorquodale Confidential Print has been sold by Rexam to a management buy-out for £2.1m, which means that Rexam's programme of disposals is now 75% complete.
Bunzl is to acquire Grocery Supply Systems, the US supplier of disposable supermarket products, from Unisource Worldwide for £54m.
Low & Bonar, the packaging company, has acquired Nuway, the flooring business, from BTR for £11m, and plans to make further acquisitions over the next year.
Field Group has bought Tudor Labels, the maker of self-adhesive labels, for an initial £5m.
Rexam has sold William Clowes, the book printer, to management for £4.4m, as part of its continuing programme of disposals.
Tinsley Robor is acquiring Lenteweg, the Dutch packaging company, for an initial £11.4m.
Rexam has sold five more businesses for £18m, including Rexam Cartons and Flexible Packaging of the US, which was sold to a management team, and Dispenser, which was sold to Lindal Ventil of Germany.
Bunzl is to acquire AFC, the US plastics extrusion and fibres business, for £108m.
Adare Printing is acquiring the security print division of Kalamazoo Computer for £12m.
Valmet of Finland is acquiring Atlas Converting Equipment, the packaging equipment maker, for £86m.
Carrs Paper, the West Midlands-based paper and packaging concern, has been acquired by institutional investors for £24.4m.
Rexam has sold four more subsidiaries for a total £24.4m - Goodhead Group has bought Benham & Company, Cookson has bought Tactus International, and Silgen Plastics has bought Rexam Containers in North America.
Bunzl is acquiring American Filtrona, the US filter and fibre business, for £45m.
Rexam has sold Otis Specialty Papers to Wausau Paper Mills of the US for £36m, and PT Rexam Mulox, the Indonesian maker of chemical containers, to a management buy-out for £1.3m.