Packaging Buyers & Acquisitions in Washington

Tracked deals

11

11 tracked deals across 2019-2026.

Buyer mix

Mixed buyer set

8 pe · 7 strategic

Top trend

Volume peaked in 2021

4 tracked deals announced in 2021.

Primary Insight

What Stands Out

  • International Paper targets West Coast packaging capabilities via NORPAC (Longview, Washington), centered on lightweight recycled containerboard and other paper grades.
  • Platform-building and add-on strategy shows up across multiple sponsors, including Mill Rock Packaging Partners LLC, Soteria Flexibles (backed by Ardian), and Lindsay Goldberg-formed Golden West Packaging Group.
  • Converting and printing capability is a recurring theme: flexographic and digital labeling (e.g., Labels West), shrink sleeves and RFID/NFC (added through label integration), and digital corrugated/printing (through The BoxMaker).
  • End-market emphasis includes food & beverage packaging (molded fiber trays, protective wraps), plus seafood/produce and wine & spirits.
  • Geographic focus remains anchored in Washington for the cited transactions, with several targets based in cities such as Longview, Tukwila, Seattle, Wenatchee, Yakima, and Vancouver, Washington.

Build a buyer list for your Packaging deal

Find buyers actively acquiring packaging companies.

Find buyers like these for your deal

Buyer Snapshot

Top Buyers

Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.

Build a buyer list for your Packaging deal →
Buyer # Deals Focus Type
Ardian 1 Global private investment firm that sponsors and backs po... PE
First Atlantic Capital 1 Middle-market private equity firm focused on building pla... PE
Frontier Packaging management 1 Senior management team of Frontier Packaging (including C... Investor
Gen Cap America, Inc. 1 Private equity firm focused on lower middle market buyout... PE
Golden West Packaging Group LLC 1 Holding company/operator of North American custom packagi... Strategic (PE-backed)
International Paper 1 Global packaging and fiber-based solutions provider focus... Strategic
Lindsay Goldberg 1 Private investment firm that forms and backs platform com... PE
Mill Rock Capital 1 Growth- and operations-oriented private investment firm f... PE
Mill Rock Packaging Partners LLC 1 Platform investment vehicle created by Mill Rock Capital ... PE
OSP Holdings 1 Packaging solutions group (seal and label and related pac... Mixed

Acquisition Volume in Packaging in Washington by Year

Last 5 years

Acquisition volume by year Annual acquisition counts for the last 5 years for Packaging Buyers & Acquisitions in Washington. 1 2019 2 2020 4 2021 2 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • OSP Holdings Acquires Global Venture | Labels & Labeling
    April 24, 2026
    Buyer
    OSP Holdings
    Target
    Global Venture | Labels & Labeling
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    OSP Holdings, part of OSP Group, acquired all shares of US-based Global Venture as of March 31, with financial terms kept confidential. The acquisition is intended to build a more flexible, faster local supply system for seal and label products and expand OSP’s competitiveness in the domestic U.S. market while supporting its sustainable and innovative packaging vision.

  • International Paper Acquires North Pacific Paper Company (NORPAC) for $360 Million
    April 17, 2026
    Buyer
    International Paper
    Target
    North Pacific Paper Company (NORPAC)
    Seller
    One Rock Capital Partners
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    International Paper entered into an agreement to acquire North Pacific Paper Company (NORPAC) from One Rock Capital Partners for $360 million. NORPAC operates a paper mill in Longview, Washington and produces lightweight recycled containerboard and other paper grades. The acquisition is intended to strengthen International Paper’s West Coast packaging capabilities and improve production flexibility and service levels.

  • ProAmpac to Acquire PAC Worldwide
    August 30, 2025
    Buyer
    ProAmpac
    Target
    PAC Worldwide
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    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.

  • SupplyOne Acquires The BoxMaker to Launch SupplyOne Digital
    May 1, 2025
    Buyer
    SupplyOne, Inc.
    Target
    The BoxMaker
    Seller
    Richard Brown, Dave Taylor
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    SupplyOne, Inc. has acquired The BoxMaker, a digitally focused corrugated packaging and printing company, and will use the business as the foundation for SupplyOne Digital. The acquisition expands SupplyOne's digital printing capabilities and scale in the Pacific Northwest while making The BoxMaker's technology and e-commerce capabilities available to SupplyOne customers nationwide.

  • TekniPlex Acquires Keyes Packaging Group
    September 23, 2021
    Buyer
    TekniPlex
    Target
    Keyes Packaging Group
    Seller
    Arbor Investments
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    TekniPlex has acquired Keyes Packaging Group from Arbor Investments to strengthen its food & beverage packaging capabilities, adding molded fiber trays and specialty protective wraps to its product portfolio. Keyes Packaging Group — comprising Keyes Fibre (Wenatchee, WA) and Wrap Pack (Yakima, WA) — will operate within TekniPlex's Consumer Products division to expand sustainable packaging solutions for produce and other food customers.

  • Soteria Flexibles (Ardian) Acquires Redi-Bag, Inc. from Traverse Pointe Partners
    June 14, 2021
    Buyer
    Soteria Flexibles, Ardian
    Target
    Redi-Bag, Inc.
    Seller
    Traverse Pointe Partners
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Addon

    Soteria Flexibles, a portfolio company backed by Ardian, has acquired Redi-Bag, Inc., a Tukwila, Washington-based flexible packaging manufacturer, from Traverse Pointe Partners. The add-on expands Soteria's manufacturing capabilities and geographic footprint in the Pacific Northwest, strengthening its position in food & agriculture end-markets such as seafood and produce.

  • Shore Capital Partners Invests in Innovative Packaging Company
    March 30, 2021
    Buyer
    Shore Capital Partners
    Target
    Innovative Packaging Company
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    Shore Capital Partners has completed a partnership with Innovative Packaging Company (IPC), a custom packaging solutions and distribution provider based in Vancouver, Washington. Shore will invest in business development, sales and operational infrastructure to scale IPC as a national packaging solutions platform and pursue organic growth and inorganic growth through add-on acquisitions.

  • Gen Cap America Acquires Frontier Packaging
    January 6, 2021
    Buyer
    Gen Cap America, Inc., Frontier Packaging management
    Target
    Frontier Packaging, Inc.
    Seller
    Gladstone Investment Corporation
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    Gen Cap America, a Nashville-based private equity firm, has acquired Frontier Packaging, Inc., a Tukwila, Washington-based manufacturer and distributor of seafood packaging, in partnership with Frontier's management. Gladstone Investment Corporation exited its investment in Frontier as part of the transaction; terms were not disclosed. Gen Cap said the acquisition will support Frontier's next phase of growth serving seafood processors across the Pacific Northwest and Alaska.

  • Resource Label Group Acquires Seattle-based Labels West
    December 10, 2020
    Buyer
    Resource Label Group, LLC, First Atlantic Capital, TPG Growth
    Target
    Labels West
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Addon

    Resource Label Group, a PE-backed label and packaging manufacturer, has acquired Seattle-based Labels West to expand its footprint in the Pacific Northwest. Resource Label — a portfolio company of First Atlantic Capital and TPG Growth — will integrate Labels West’s flexographic and digital printing, shrink sleeve and RFID/NFC capabilities to broaden service offerings for customers in wine & spirits, health & beauty and food/nutraceutical markets.

  • Mill Rock Packaging Partners (Mill Rock Capital) Acquires Trojan Lithograph
    August 25, 2020
    Buyer
    Mill Rock Packaging Partners LLC, Mill Rock Capital
    Target
    Trojan Lithograph Corporation
    Seller
    Arbor Investments
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Buyout

    Mill Rock Capital formed a new platform, Mill Rock Packaging Partners LLC, and its charter acquisition was Trojan Lithograph Corporation, acquired from Arbor Investments. The private-equity-backed platform will accelerate TrojanLitho’s organic growth, expand operating capacity and pursue strategic add-on acquisitions in the specialty packaging market; terms were not disclosed.

  • Golden West Packaging Group Acquires Allpak Container
    March 11, 2019
    Buyer
    Golden West Packaging Group LLC, Lindsay Goldberg
    Target
    Allpak Container, LLC
    Seller
    Hans Koch, Ralph Koch
    Industry
    Packaging
    Location
    Washington, United States
    Type
    Addon

    Golden West Packaging Group LLC, a packaging platform formed by private equity firm Lindsay Goldberg, has acquired Allpak Container, LLC. The deal expands Golden West’s West Coast manufacturing footprint and adds Allpak’s flexographic printing and high-end consumer packaging capabilities across Washington state.

Build a buyer list for your Packaging deal

Find buyers actively acquiring packaging companies.

Apply as a Buyer

Frequently Asked Questions

Which packaging subsectors are most active in Washington acquisitions?

Based on the listed deals, activity spans paper and containerboard (e.g., NORPAC), flexible packaging (e.g., PAC Worldwide, Redi-Bag, Inc.), molded fiber and food packaging (e.g., Keyes Packaging Group), labels and sleeves with advanced tech (e.g., Labels West), and digitally focused corrugated printing (e.g., The BoxMaker).

What types of buyers are showing up in these Washington deals?

The page features strategic packaging manufacturers and packaging-focused platforms, alongside private equity-backed sponsors and platforms such as Ardian, Lindsay Goldberg, First Atlantic Capital, TPG Growth, Mill Rock Capital, and Shore Capital Partners.

How do these acquisitions describe their growth strategy?

Many deals emphasize expanding geographic footprint in the Pacific Northwest, adding production or converting capacity, and strengthening capabilities through vertical integration across materials, film, converting, and printing.

Are there examples of advanced labeling or digital printing technology in Washington acquisitions?

Yes. The acquisition of Labels West highlights capabilities including flexographic and digital printing plus shrink sleeve and RFID/NFC features, and SupplyOne’s acquisition of The BoxMaker is positioned around digitally focused corrugated packaging and printing technology.

Related Acquisition Pages

Packaging Buyers & Acquisitions Packaging Buyers & Acquisitions in Canada Private Equity-Backed Packaging Buyers Packaging Acquisitions in 2026 Packaging Acquisitions in 2025 Packaging Acquisitions in 2021 Packaging Acquisitions in 2020 Packaging Acquisitions in 2019 Acquisitions in Washington Private Equity-Backed Acquisitions in Washington Acquisitions in Washington in 2026 Acquisitions in Washington in 2025

Related articles