ProAmpac Acquires Prairie State Group – Covering Printing Inks, Coatings and Allied Industries

0


ProAmpac announced the acquisition of Prairie State Group (PSG), an SQF certified provider of flexible packaging and labeling services based in Franklin Park, Illinois. This acquisition strengthens ProAmpac’s flexible and sustainable packaging offerings for the food and pet food markets and expands its labeling capabilities. Terms of the transaction were not disclosed.

Prairie State Group produces a wide range of SQF certified and environmentally friendly flexible label and packaging solutions, including packaging, pouches, compostable films, rolls and self-adhesive labels. PSG brings vertically integrated manufacturing capabilities and a diverse base of long-standing customers to ProAmpac.

With the addition of PSG, ProAmpac expands its reach into the food and pet food markets, expands its bagging capabilities and strengthens its position as the market leader in flexible and sustainable packaging solutions . The founders and management team of PSG will remain with the company after the transaction.

“PSG’s experienced management team and its innovative sustainable packaging portfolio are strong additions to ProAmpac,” said Greg Tucker, Founder and CEO of ProAmpac. “As we pursue our strategy of growth and expansion, PSG’s world-class manufacturing capabilities, strong market position and commitment to product quality will enhance our offering to customers around the world. “

“We are thrilled to join Greg and the ProAmpac team,” said Rick Heinzen, Founder and CEO of Prairie State Group. “Our companies share a strong commitment to quality, safety and sustainability. With this combination, I am convinced that ProAmpac is the right partner to support the continued growth of PSG.

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 over 6,000 employees and over 5,000 customers in 90 countries.


Share.

Comments are closed.