Foundation Investment Partners (FIP) Acquires Paper Converters, Inc. Through Sustainable Packaging

Foundation Investment Partners Acquires American Spool & Packaging (Amspak)

October 17, 2024

Packaging

Foundation Investment Partners (FIP) has completed the acquisition of American Spool & Packaging, Inc. (Amspak), a Hartsville, South Carolina-based specialty paper packaging manufacturer. The Ridgeway family is exiting the business while FIP will keep operations in place with industry veteran David Partin serving as CEO to support growth and reinvestment in the company.

ProAmpac Acquires Irish Flexible Packaging and Fispak

November 4, 2021

Packaging

Cincinnati-based ProAmpac, a Pritzker Private Capital-backed flexible packaging company, has acquired Ireland-based Irish Flexible Packaging and Fispak from parent IFP Investments Limited. The acquisitions expand ProAmpac’s sustainable flexible and paper-based food packaging capabilities and advance its European and United Kingdom expansion strategy.

Constantia Flexibles Acquires FFP Packaging Solutions

August 10, 2022

Packaging

Constantia Flexibles has agreed to acquire 100% of FFP Packaging Solutions, a Northampton-based flexible packaging manufacturer focused on sustainable laminates, flow wraps and pouches. The acquisition expands Constantia Flexibles’ UK presence and strengthens its sustainable flexible packaging capabilities while FFP’s existing management will remain to support integration.

American Industrial Partners Acquires International Paper’s Global Cellulose Fibers (GCF) Business

January 24, 2026

Industrial Services

American Industrial Partners (AIP) has completed its acquisition of International Paper’s Global Cellulose Fibers (GCF) business. The transaction was valued at $1.5 billion, with AIP paying cash and issuing preferred stock to International Paper, and GCF now operates as an independent company.

Inovar Packaging Group Acquires Kiliper Corporation

February 16, 2026

Packaging

Inovar Packaging Group, a Dallas-based label and packaging provider, acquired Kiliper Corporation, a family-owned flexible packaging business, to expand its stretch sleeve, roll‑fed label, and printed film capabilities and strengthen its Midwest footprint. Kiliper’s co-owners Tom Kiliper and Lindsay Maysent will remain as co‑presidents following the transaction.

WinCup (Atar Capital Affiliate) Acquires Conver Pack Inc.

July 8, 2025

Packaging

Atar Capital affiliate WinCup has acquired Conver Pack Inc., a Medley, Florida-based manufacturer of hot and cold paper cups and accessories. The add-on acquisition expands WinCup's sustainable and traditional paper cup manufacturing capabilities—adding SFI-certified paper cups and strengthening its phade PHA-based compostable product line.