ProAmpac announced that it has acquired Irish Flexible Packaging and Fispak from their parent company, IFP Investments Limited. Both Irish Flexible Packaging and Fispak are Ireland-based manufacturers and distributors of sustainable, flexible packaging serving the dairy, bakery, meat, fish and cheese markets in Ireland and internationally. Terms of the transaction were not disclosed.
Irish Flexible Packaging is the leading supplier of paper-based structures to Ireland’s bakery and dairy sectors, whose customers include the market leaders in these sectors. Fispak is a manufacturer, convertor and distributor of food contact food packaging materials, such as meat casings, boneguard and linerboard for the meat, cheese and fish industry. With these acquisitions, ProAmpac advances its strategy to expand in Europe and the United Kingdom by further enhancing its existing product offering with a strong portfolio of sustainability-focused flexible packaging capabilities. The current management teams at Irish Flexible Packaging and Fispak intend to remain in their current roles post-acquisition.
Greg Tucker, Founder and CEO of ProAmpac, said, “We are pleased to continue ProAmpac’s expansion in Europe with the addition of Irish Flexible Packaging and Fispak. These high-performing businesses strengthen our sustainable packaging capabilities and enhance our ability to serve the leading dairy, bakery, meat and food service companies across Europe and beyond. I welcome these talented teams to the ProAmpac family.”
Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. ProAmpac has nearly 50 sites globally, with close to 5,800 employees supplying over 5,000 customers in 90 countries.
