AveryDenn labels
demand flattens

Materials sales strong
Intelligent labels weak

Avery Dennison the $8Bn labels & RFID tags maker, reported flat results again in Q1'26 both in materials & solutions sales. CEO Deon Stander commented complacently "“We delivered strong results,  reflecting resilience of our overall portfolio in a dynamic environment”" when both sales and profits growth were soft? Full analysis here, first 

PCA Packaging
volume still flat

Double-digit price increases.
Integrating Greif business,

Packaging Corp (inc.Boise) the US #3 packaging & papermaker reported improved results in Q1'26. Complacent ceo Mark Kowzlan commented '“total corrugated products shipments were up 1.2%. We saw continued demand improvement, together with improved mix". Full analysis here, first 

GPac appoints CEO
from inside Koch

Strange succession process
following Fischer's retirement 

Christian Fischer retired in Oct'25 after 35yrs of service with Georgia-Pacific and CEO from 2017. After an interim appointment by parent Koch Industries, it has apponted the EVP of its consumer products division as the new CEO. What took them so long to decide?

V e r i t i v  ventures
large in packaging

11 acquis'ns inc.Orora/Pollock
since CD&R takeover in 2023

Veritiv the $8Bn+ US paper & packaging wholesaler, acquired by leading venture capitalist CD&R in Nov'23 has made eleven acquistions since. CEOSal Abbate has driven a new packaging strategy from its paper merchanting base and these moves signal more additions to provide specialist capabilities for its customers. Full story here, first...

Premier sign up
package provider 

Japan P&P fuel drive into 
digital display growth mkts

Japan Pulp & Paper's UK subsidiary Premier Paper has acquired an important player in the digital sign and display market. This seems to be a trend following rival Antalis' recent moves. This is the 5th acquisition in the last 4yrs as it expands into complementary markets to counter crashing copy paper demand. Full story her, first...

Sealed Air packs
a  p u n y  punch?

Food & Protective mkt flat,
CD&R acquisition update

Sealed Air the $5Bn+ maker of packaging for Food & FM products reported weak volumes in Q4'25, Complacent ceo Dustin Semach updated on its acquisition by PE firm CD&R.The complacency of management was disappointing. It's still down and losing share in a buoyant market? Full analysis here, first 

CCL label sales
slow and mixed

Demand steady CCL/Avery.
Checkpoint & Innovia down

CCL Industries the  $8Bn in sales specialist packaging and label maker, achieved slower and mixed results in Q4'25. CEO Geoff Martin commented "Results were solid, given soft consumer end markets". Four acquisitions made since 2024.  Full report analysis here, first 

Mondi volumes
down, prices flat

Buying packaging assets
as a platform for expansion

Mondi Group, the €8Bn in sales international paper & packaging maker reported serious volume declines in Q4'25. CEO AndrewKing minimistically 
commented "Our industry continues to work through a prolonged cyclical downturn" Full analysis here, first

Smurfit-WRock's
f l a t  packaging

Global #1 packaging giant's
exqcting integration progress

Global $31Bn+ in sales paper packaging solutions giant Smurfit-Westrock's ceo Tony Smurfit reported "we established a strong foundation and exceeded our committed synergy target of $400m and installed customer-centric, commercial and operating initiatives.". Full report analysis here, first

Stora packaging 
prices in reverse

Will CEO focus on long term
growth or STerm profitability?