SIG Combibloc completed the acquisition of Scholle IPN for €1.36bn.

SIG Combibloc, a system and solutions provider for aseptic packaging, completed the acquisition of Scholle IPN, an innovator of sustainable packaging systems and solutions for liquids, for €1.36bn ($1.5bn). "The acquisition of Scholle IPN cements SIG’s position as a global leader in innovative and sustainable packaging for food and beverages. It is consistent with our strategy of geographic and category expansion accompanied by share gains in key markets. By delivering clear benefits for customers, consumers, and the environment, we will drive value for shareholders," Samuel Sigrist, SIG CEO.