M&As this week: ProAmpac, Klockner Pentaplast Europe

12 April 2017 (Last Updated April 12th, 2017 18:30)

ProAmpac, a flexible packaging company, has announced the acquisition of plastic packaging products manufacturing company, Trinity Packaging.

Flexible packaging company ProAmpac has announced the acquisition of plastic packaging products manufacturing company, Trinity Packaging.

The target company will operate as a separate division within ProAmpac, upon completion of the acquisition.

Both parties involved in the transaction are based in the US.

Klockner Pentaplast Europe has entered a binding agreement to acquire LINPAC Senior Holdings and its subsidiaries.

"Klockner Pentaplast Europe has entered a binding agreement to acquire LINPAC Senior Holdings and its subsidiaries."

Based in Germany, the acquirer company is a manufacturer of films for packaging and printing solutions for the pharmaceutical, medical device, food, beverage and card markets.

Based in the UK, the target company is engaged in manufacturing plastic packaging materials.

Klockner engaged Kirkland & Ellis International as the legal advisor for the transaction, which is anticipated to be completed by the end of September 2017.