PPC Flexible Packaging completed the acquisition of StePac.

PPC Flexible Packaging, a provider of custom flexible packaging, completed the acquisition of StePac, a provider of functional packaging for fresh produce. Financial terms were not disclosed. “Over the years our team and I have built StePac to be a global leader in vertically integrated sustainable packaging for many specialty fresh produce items. Our technologies help deliver produce to customers world-wide through best-in-class, sustainable shelf life extension and preservation. We believe this combination with PPC will provide greater financial and operational resources to support our brand in this rapidly growing market segment,” Asaf Shachnai, StePac CEO.