PPC Flexible Packaging completed the acquisition of Plastic Packaging Technologies from Mid Oaks Investments.

GTCR, a private equity firm-backed PPC Flexible Packaging, a provider of custom flexible packaging, completed the acquisition of Plastic Packaging Technologies, a provider of packaging solutions, from Mid Oaks Investments, a private investment firm. Financial terms were not disclosed. "We've known David and Dan for the entire 20 years of their ownership of PPT and have watched them build one of the most respected, technology-driven firms in our industry. We're thrilled the Stakers, and their entire talented leadership team, are joining the PPC family to merge and integrate our businesses and cultures into what we believe will be one of the most powerfully differentiated flexible packaging converters in North America!," Kevin Keneally, PPC Flexible Packaging President & CEO.