First Atlantic Capital-backed C-P Flexible Packaging completed the acquisition of Genpak Flexible from The Jim Pattison Group.

First Atlantic Capital-backed C-P Flexible Packaging, a manufacturer of flexible packaging, completed the acquisition of Genpak Flexible, a supplier of compostable packaging, from The Jim Pattison Group, a diversified holding company. Financial terms were not disclosed. “With the unique capabilities and sustainable packaging portfolio of Genpak Flexible, this strategic acquisition provides our customers with a wider array of innovative flexible packaging options than ever before. Our two companies’ cultures are similar, with a laser-like focus on customers and continuous innovation. We’ve been highly impressed by the talent and resources within Genpak Flexible, and we are excited to move forward in creating more value for our customers,” Mike Hoffman, C-P Flexible Packaging CEO.