Irish Flexible Packaging is the leading supplier of paper-based structures for the bakery and dairy industries in Ireland, whose customers include market leaders in these industries. Fispak is a manufacturer, processor and distributor of food contact food packaging materials, such as meat casings, bone guards and liners for the meat, cheese and fish industry.
With these acquisitions, ProAmpac is advancing its expansion strategy in Europe and the UK by further enhancing its existing product offering with a strong portfolio of flexible packaging capabilities focused on sustainability. The current management teams of Irish Flexible Packaging and Fispak intend to retain their current roles after the acquisition.
“We are delighted to continue the expansion of ProAmpac in Europe with the addition of Irish Flexible Packaging and Fispak,” said Greg Tucker, Founder and CEO of ProAmpac. “These high-performing companies strengthen our sustainable packaging capabilities and improve our ability to serve leading dairy, bakery, meat and food companies in Europe and beyond.”
ProAmpac, based in Cincinnati, is owned by Pritzker Private Capital as well as management and other co-investors. ProAmpac has nearly 50 locations worldwide, with nearly 5,800 employees and more than 5,000 customers in 90 countries.
“The addition of Irish Flexible Packaging and Fispak strengthens ProAmpac’s leadership position in sustainable food packaging and supports its European expansion strategy,” added Chris Trick, investment partner at Pritzker Private Capital.