Mergers and acquisitions

Heidelberg’s deal to sell Gallus Group to Benpac Holding has fallen through at the eleventh hour, after the scheduled €120m (£106m) payment for the business failed to materialise.

Arjobex Synthetic Papers has acquired Germany-based specialty papers and films manufacturer and coater MDV Group.

A management buyout team has completed a deal at pharmaceutical and healthcare packaging specialist Medica Packaging.

AR Packaging has bought Firstan as the acquisitive Swedish groups looks to significantly bolster its UK presence.

Belgian software developer Dataline Solutions has acquired Dutch company Insad Grafisch to continue its European growth.

James Cropper has boosted its Technical Fibre Products wing with the acquisition of a specialist manufacturer of electrochemical materials.

PFI Group has acquired Creative Digital Images out of administration as it continues to expand its roster of signage and large-format printing businesses.

Apparel personalisation fulfilment business Slick Stitch has acquired garment and textiles printing specialist Mad Print, for an undisclosed sum.

Global Graphics has successfully completed its acquisition of the Hybrid Software Group from Congra Software.

US group ProAmpac has expanded its presence in the UK and Europe with the acquisition of Rapid Action Packaging (RAP).