Namakor and W Investments Close Secondary Purchase of Gelpac; Tail End Capital Joins as Investor

ProAmpac Acquires Gelpac from Investor Group Led by Namakor

March 13, 2024

Packaging

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.

Namakor Holdings / Gelpac Acquires B & C Packagings and Film Tech Plastics

October 29, 2018

Packaging

Namakor Holdings has acquired B & C Packagings and Film Tech Plastics and will integrate the businesses into its Gelpac packaging platform. The deal adds polyethylene production capacity and R&D capabilities to Gelpac, supporting the company’s growth and ability to serve North American customers.

GELPAC Acquires WBC Extrusion Products, Inc.

November 6, 2019

Packaging

GELPAC, a portfolio company of NAMAKOR, has acquired WBC Extrusion Products, Inc., a Haverhill, Massachusetts-based manufacturer of single-use blown polymer films for food, industrial, automotive, medical and commercial packaging. The deal, supported/financed by NAMAKOR and institutional investors including CDPQ and le Fonds Manufacturier Québécois, expands GELPAC's North American manufacturing footprint and integrates WBC's R&D and production capabilities with GELPAC's existing plants.

GELPAC Acquires Standard Multiwall Bag Mfg. Co.

May 17, 2023

Packaging

GELPAC, a North American packaging solutions leader, has acquired Standard Multiwall Bag Mfg. Co., a family-owned manufacturer with production plants in Beaverton, Oregon and Lubbock, Texas. The deal — supported by financing from CDPQ, W Investments and a banking syndicate led by National Bank of Canada and with strategic support from NAMAKOR Holdings — expands GELPAC's production footprint and strengthens its capacity to serve agrifood, pharmaceutical and industrial customers across North America.

Akoya Capital and Tecum Capital Acquire Primetac Corporation

July 30, 2019

Packaging

Akoya Capital Partners and Tecum Capital Partners acquired Primetac Corporation in partnership with the company's founders and management. The private equity investors plan to grow Primetac — a distributor of industrial packaging materials — by expanding sales coverage, service and product offerings and pursuing add-on acquisitions to build a national platform.

NAMAKOR Holdings Acquires Clôtures Frontenac Inc.

January 10, 2023

Building Products

NAMAKOR Holdings has acquired Clôtures Frontenac Inc., a Quebec-based manufacturer and supplier of residential, commercial and institutional fencing products. The founders will remain as advisors while NAMAKOR provides human and financial resources to accelerate organic growth and expand Frontenac’s geographic reach.