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New Deal


Announced

Pritzker-backed ProAmpac to acquire Gelpac from Namakor, W Investissements, and CDPQ.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Containers and Packaging

Acquisition

Private

Private Equity

Majority

Cross Border

Canada

packaging and containers manufacturing

Single Bidder

Friendly

Pending

Synopsis

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Pritzker-backed ProAmpac, a flexible packaging company, agreed to acquire Gelpac, a premier producer of multiwall paper and poly-woven packaging products, from Namakor, W Investissements and CDPQ. Financial terms were not disclosed. “Gelpac shares ProAmpac’s commitment to serve customers across the US and Canada with high-performance, sustainability-focused flexible packaging solutions. Gelpac’s talented management team has a 20-year track record of working together to build this strong business, and I am delighted to welcome them to the ProAmpac family,” Greg Tucker, ProAmpac Founder, Vice Chairman and CEO.

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