ProAmpac Acquires UK-Based IG Industries and Brayford Plastics

ProAmpac announced that it has acquired IG Industries PLC and Brayford Plastics Ltd., private businesses based in the United Kingdom that produce a broad portfolio of recyclable packaging products. Terms of the transaction were not disclosed.

IG Industries and Brayford Plastics are leading suppliers of flexible packaging products for the bakery, meat, fish, poultry and fresh produce markets across the U.K. and Western Europe. This acquisition expands ProAmpac’s manufacturing capabilities for plastic film, resealable bags and premade pouches, and extends its industry-leading commitment to provide customers with a broad offering of recyclable packaging products. With its vertically integrated platform, ProAmpac can better serve its U.K. and European customers throughout the entire value chain.

Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. With the addition of IG Industries and Brayford Plastics, ProAmpac has 38 manufacturing sites globally, with nearly 4,900 employees supplying more than 5,000 customers in 90 countries. ProAmpac innovates, engineers and manufactures flexible and sustainable packaging and material science solutions for various consumer, healthcare, e-commerce, retail and industrial goods markets. IG Industries and Brayford Plastics will adopt the ProAmpac brand and will maintain operations at its manufacturing facilities in the U.K.

Chris Trick, Investment Partner at Pritzker Private Capital, said, “IG Industries and Brayford Plastics are highly complementary additions to the ProAmpac and the Pritzker Private Capital families. These leading businesses strengthen the sustainability-focused offerings ProAmpac provides to its customers and will provide ProAmpac with important scale across the U.K. and Europe. We look forward to a strong partnership together.”