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

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.

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.

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

September 22, 2021

Manufacturing

Namakor Holdings LP and W Investments Group LP completed a secondary purchase of Gelpac Inc. and onboarded Pittsburgh-based Tail End Capital Partners as a new investor. The transaction provides shareholder liquidity and raises capital to accelerate Gelpac’s growth through add-on acquisitions and expanded U.S. presence.

PACCOR Acquires Miko Pac (Packaging Division of Miko N.V.)

March 31, 2021

Packaging

PACCOR signed an agreement to acquire Miko Pac, the packaging division of Belgium-based Miko N.V., strengthening PACCOR's injection molding and thermoforming capabilities and expanding its international footprint, including a production plant in Indonesia. The deal, expected to close after regulatory approval in Q2 2021, will integrate Miko Pac into PACCOR while keeping operational management with Miko Pac's former co-owners and managing directors.

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.

Nelipak Acquires Merrill's Packaging

December 8, 2025

Manufacturing

Nelipak Corporation has completed the acquisition of Merrill's Packaging, a custom thermoformed packaging specialist with production sites in Burlingame, California and Alajuela, Costa Rica. The deal expands Nelipak's healthcare packaging capabilities—adding custom thermoforming, ISO 13485-certified cleanroom capacity and complementary design, tooling and pouch/mounting-card capabilities.