ProAmpac Acquires Gelpac from Investor Group Led by Namakor

March 13, 2024

ProAmpac has signed a definitive agreement to acquire Gelpac from an investor group led by NAMAKOR Holdings, with Groupe W Investissements and CDPQ participating. The acquisition expands ProAmpac’s flexible-packaging capabilities and capacity across the United States and Canada, allowing the combined company to better serve food & beverage, agriculture, industrial and pharmaceutical end markets.

Buyers
ProAmpac
Targets
Gelpac
Sellers
NAMAKOR Holdings, Groupe W Investissements, CDPQ
Industry
Packaging
Location
Quebec, Canada
Transaction Type
Buyout

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