Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 ProAmpac Completes Pactech Packaging Acquisition - Ink World Magazine
Industry News, Mergers and Acquisitions, Printers News

ProAmpac Completes Pactech Packaging Acquisition

Financial terms of the deal were not disclosed.

ProAmpac acquired Pactech Packaging, a Rochester, N.Y.-based manufacturer specializing in pouch converting, for an undisclosed amount.

“The acquisition of Pactech expands ProAmpac’s flexible packaging pouch manufacturing capabilities in dispensing and clean-environment production. In addition, the deal expands our short-run capabilities, allowing us to better serve our customers,” ProAmpac CEO Greg Tucker said.

Cincinnati-based ProAmpac is owned by PPC Partners along with management and other co-investors. With the acquisition of Pactech, ProAmpac has 28 manufacturing sites globally with nearly 3,400 employees supplying more than 5,000 customers in 90 countries. ProAmpac primarily manufactures flexible products servicing various consumer, retail and industrial goods markets and also provides secure packaging for the transport of cash and valuables.

Pactech, which began manufacturing innovative flexible packaging in 1993, will become part of the ProAmpac brand and operate under Chief Commercial Officer Adam Grose.

“Pactech’s world-class pouch manufacturing facility enhances our spouting, medical capabilities and customer-focused approach to Flexible Packaging,” Grose said.



 

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