ProAmpac Acquires Gelpac from Investor Group Led by Namakor

ProAmpac to Acquire PAC Worldwide

August 30, 2025

Packaging

ProAmpac signed a definitive agreement to acquire PAC Worldwide, a customized flexible packaging solutions provider. The combined company will expand ProAmpac’s geographic footprint and deepen vertical integration across materials, film, converting, and recycled paper capabilities for e-commerce, consumer packaged goods, and industrial markets.

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.

ProAmpac Acquires Belle-Pak Packaging

February 22, 2022

Packaging

ProAmpac, a Cincinnati-based flexible packaging company owned by Pritzker Private Capital, acquired Belle-Pak Packaging, a Markham, Ontario manufacturer of flexible packaging products. The add-on strengthens ProAmpac's presence in Canada and expands its capabilities and customer reach in e-commerce, healthcare and logistics end markets.

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.

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 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.