Warburg Pincus to acquire Pregis from Olympus Partners.

Warburg Pincus, a leading global private equity firm focused on growth investing, has agreed to acquire Pregis, a leading protective packaging materials and automated systems manufacturer, from Olympus Partners, private equity firm. Financial terms were not disclosed. "Pregis has built an attractive market leadership position by providing innovative protective packaging solutions and we look forward to partnering with management to continue the company's success. Pregis aligns well with our industrials investing strategy to partner with best-in-class companies and management teams with attractive growth tailwinds including e-commerce enablement and automation," Dan Zamlong, Warburg Pincus managing director.