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Industry News, Mergers and Acquisitions, Printers News

ProAmpac Acquires Ultimate Packaging

Extends leadership in sustainable packaging solutions, expands UK presence.

ProAmpac announced that it has acquired Ultimate Packaging, a lead in flexographic and digitally-printed flexible packaging based in the UK. Terms of the transaction were not disclosed.

Ultimate Packaging is one of the largest independent flexible packaging manufacturers in the UK, specializing in the development of innovative packaging solutions to increase product shelf life, convenience and recyclability across a range of product sectors. With this acquisition, ProAmpac strengthens its position in flexible food packaging, broadens its portfolio of sustainable solutions and extends its reach across the UK.

“Ultimate Packaging’s innovative team and high-quality flexible packaging portfolio are exciting complements to ProAmpac’s growing family. As we expand our reach across the UK, this combination will help us better serve our customers with an enhanced offering of recyclable and compostable solutions,” said Greg Tucker, founder and CEO of ProAmpac.
 
Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. The addition of Ultimate Packaging is ProAmpac’s fourth acquisition in 2021. ProAmpac has 44 manufacturing sites globally, with more than 5,800 employees supplying more than 5,000 customers in 90 countries. Ultimate Packaging will adopt the ProAmpac brand and will maintain operations at its manufacturing facility in Grimsby, UK.

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