ProAmpac Acquires Rapid Action Packaging (RAP)
January 11, 2021
ProAmpac has acquired Rapid Action Packaging (RAP), a U.K.-based manufacturer of cellulose-based sustainable packaging for ready-to-eat and fresh prepared foods. The acquisition expands ProAmpac's manufacturing capabilities and sustainable product offering for retail food markets; terms were not disclosed and Ludgate Investments exited its investment in RAP.
- Buyers
- ProAmpac
- Targets
- Rapid Action Packaging (RAP)
- Sellers
- Ludgate Investments
- Industry
- Packaging
- Location
- United Kingdom
- Transaction Type
- Buyout
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