People are shopping online at a rate never before seen. As of September 2020, e-commerce sales increased 43% year over year, now reaching $60.4 billion in revenue, according to Adobe Analytics. As more people receive deliveries, consumers have become savvier with packaging solutions, developing a greater understanding of what makes an unboxing experience memorable. A curated unboxing experience is no longer a brand differentiator — it’s a must-have, according to BigCommerce. Aesthetics and customer experience aside, a recent study by California Polytechnic State University, in partnership with Pregis LLC, determined that a negative unboxing experience, such as one with excessive packaging, might hurt a company’s bottom line in the long run, particularly among Gen Z consumers. Here’s what you need to know:

Silgan Holdings Inc. announced that it has completed its acquisition of Weener Plastics Holdings B.V., a leading producer of differentiated dispensing solutions for personal care, food and healthcare products. Weener operates a global network of 19 facilities predominantly in Europe and the Americas, with approximately 4,000 employees and proprietary manufacturing technologies including significant clean room capabilities. The Company funded the purchase price for this acquisition and related costs and expenses through term and revolving loan borrowings under its senior secured credit facility, including a €700 million incremental term loan. Silgan expects to realize operational cost synergies related to the acquisition of approximately €20 million within 18 months. The transaction is expected to be slightly accretive to adjusted earnings per share in 2024, with approximately 10% accretion once fully integrated and with synergies achieved. Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $6.0 billion in 2023. Silgan operates 124 manufacturing facilities in North and South America, Europe and Asia.

Cartón Circular is the collective EPR (Extended Producer Responsibility) system promoted by different associations in the paper and cardboard industry value chain in Spain, including ASPAPEL, the Spanish Association of Pulp and Paper Manufacturers. By joining, Lecta reinforces its commitment to complying with new national regulations (Real Decreto de Envases y Residuos de Envases 1055/2022, royal decree on packaging and packaging waste 1055/2022) to ensure correct, responsible management of packaging and packaging waste introduced in the market when products are sold.