ProAmpac completes acquisition of Pactech Packaging
13 avril 18 | e.bonus | #390 :: rss
ProAmpac, one of the top 10 flexible packaging converters in the United States, has acquired Pactech Packaging (Pactech), a New York-based manufacturer specializing in pouch converting. Financial terms of the deal were not disclosed.
ProAmpac, is owned by PPC Partners along with management and other co-investors. Pactech’s products complement ProAmpac’s existing flexible packaging offerings, which primarily serve the medical, industrial and consumer packaged goods markets.
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.
Pactech, which began manufacturing innovative flexible packaging in 1993, has expertise in pouch fitment and dispensing technology. The business will become part of the ProAmpac brand.
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