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

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.