Investcorp Leads INR 340 Crore Growth Investment in Canpac Trends

Warburg Pincus (Green Fin) Acquires Majority Stake in Parksons Packaging

April 26, 2021

Packaging

Green Fin Investments B.V., an affiliate of Warburg Pincus, acquired a majority stake in Parksons Packaging Limited, India’s largest independent folding carton manufacturer. Existing private equity investors Kedaara Capital AIF 1, Olza Holdings Limited and IIFL fully exited while the Kejriwal founder family sold a partial stake and will continue operating the business.

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.

Butterfly Equity Acquires ePac Flexible Packaging

January 16, 2026

Manufacturing

Butterfly Equity has completed its acquisition of ePac Holdings, the San Diego–headquartered digitally printed flexible packaging provider, from an investor consortium that included Amcor and Indevco North America; financial terms were not disclosed. The deal establishes ePac as Butterfly’s first platform investment in packaging and keeps incumbent management (including CEO and co‑founder Virag Patel) in place with a significant retained ownership stake as Butterfly backs ePac’s growth across its 14 North American facilities and its proprietary ePacONE technology.

CDPQ Acquires Significant Stake in ICR (Investcorp Portfolio Company)

September 21, 2021

Marketing & Advertising

Caisse de dépôt et placement du Québec (CDPQ) will acquire a significant stake in ICR, the Investcorp‑backed strategic communications and advisory firm, joining Investcorp and ICR management to support the company’s growth and global expansion. The transaction is intended to accelerate ICR’s organic growth and acquisition strategy; it remains subject to customary regulatory approvals.

Imperial Dade Acquires Canpaco Group to Expand Canadian Packaging Footprint

May 15, 2024

Packaging

Imperial Dade has acquired Canpaco, Inc., Crystal Poly Converters, Arcadian Paper Converters, Inc., and Canadian Paper & Packaging Co. Ltd. to expand its presence and capabilities in Canada. The deal brings the Canpaco family of paper and packaging converters and distributors onto Imperial Dade's Canada platform; financial terms were not disclosed.

Palladin Consumer Retail Partners Invests in Decowraps

August 12, 2020

Packaging

Palladin Consumer Retail Partners announced a growth investment in Decowraps, partnering with founder and CEO Steven Tchira to provide capital and operational support to expand the floral packaging platform. Deerpath Capital Management provided debt financing and an acquisition/revolving credit facility to support future growth and potential add-on acquisitions.