ProAmpac completed the acquisition of the bag converting operations of International Paper.

ProAmpac, a flexible packaging company, completed the acquisition of the bag converting operations of International Paper, a sustainable packaging company. Financial terms were not disclosed. “Global demand for reliable, recyclable paper packaging continues to grow rapidly amid evolving consumer expectations and market trends redefining recyclability. ProAmpac’s acquisition of IP’s bag operation supports our Fiberization of Packaging initiatives, helping us better serve customers by extending our expertise in material science to the US west coast with additional capabilities and redundancies,” Greg Tucker, ProAmpac Founder, Vice Chairman, and CEO.