DS Smith to buy French packaging company Otor?
UK packaging and office-supplies company DS Smith plans to buy French rival Otor for about US$300 million from the private-equity firm Carlyle Group, reports the London Telegraph. The acquisition would give DS Smith a far greater share of the consumer-goods packaging industry in France, where Otor supplies CPGS such as Nestlé, Procter & Gamble and Danone. About 80% of Otor’s business is consumer-goods packaging. An Otor purchase would make DS Smith less vulnerable to tough economic times, because its French business is currently split 50/50 between consumer goods and industry, says chief executive Miles Roberts, in the Telegraph report. More info
Multi Packaging Solutions buys stake in ZOO Digital
The New York-based print, packaging and merchandising provider for the cosmetics, healthcare, horticulture and multi-media markets sets up a strategic partnership with ZOO Digital that expands Multi Packaging’s (MPS) digital-asset management capabilities to include global reach for multinational brands. MPS purchased approximately a 9.1% stake in ZOO Digital for about $1.3 million. ZOO Digital’s artworking software integrates language translation, localization, proofing, global collaboration, version control and archiving. The software simplifies logo and copy replacement across all brand assets, ensuring consistent brand identity. More info
Napiag Kunststoffverarbeitung renamed Mondi Napiag
Non-German speakers will appreciate today’s tweeking of the Napiag Kunststoffverarbeitung name for Mondi Group’s Zeltweg, Austria, packaging-film operation. Acquired by Mondi in 2007, the site has been integrated into the Consumer Bags & Films business unit. It supplies substrates and pre-made packaging for the food and pet-food markets. More info