Emerald Lake Capital Management-backed Inno-Pak completed the acquisition of Albany Packaging.

Emerald Lake Capital Management-backed Inno-Pak, a designer, manufacturer, importer and supplier of innovative, eco-friendly packaging, completed the acquisition of Albany Packaging, a packaging supply store in Markham, Canada. Financial terms were not disclosed. "We are excited to add Albany’s facilities, products and people to Inno-Pak as we strive to bring our world-class customers the best packaging available anywhere. This acquisition increases our North American integrated manufacturing capabilities and marks a crucial step in our manufacturing expansion plan to create an even more resilient supply chain. Albany also deepens our ongoing investments in paper capacity as we continue to innovate to make packaging more eco-friendly," Chris Sanzone, Inno-Pak CEO.