Announced
Synopsis
Morgan Stanley Capital Partners-backed PPC Flexible Packaging, a provider of custom flexible packaging, agreed to acquire Consumer Packaging Group, a specialty packaging firm. Financial terms were not disclosed. "We’re extraordinarily excited to welcome Cam and his team of resourceful leaders to the PPC family. We are now able to offer all our customers an innovative capability of rapid packaging prototyping to support new product launches. We expect this will further differentiate PPC over our competitors by providing even deeper speed to market for the growth of new and unique brands," Kevin Keneally, PPC Flexible CEO.
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