Pritzker Private Capital-backed ProAmpac completed the acquisition of Rapid Action Packaging from Ludgate Investments.

Pritzker Private Capital-backed ProAmpac, a flexible packaging provider, completed the acquisition of Rapid Action Packaging, the UK-based manufacturer of cellulose-based packaging products, from Ludgate Investments, an investment management firm. Financial terms were not disclosed. “RAP is an excellent addition to the ProAmpac family. We are excited to add RAP’s focus on research and development for fresh prepared food packaging to our portfolio. Together with RAP, we are extending our product reach in food service to now include a ready-to-eat portfolio, and we will continue to bring innovative ideas and products to a growing customer base,” Greg Tucker, ProAmpac CEO.