Pregis concludes FP International acquisition

18 July 2018 (Last Updated July 23rd, 2018 08:03)

Protective packaging materials provider Pregis has closed the acquisition of US-based company Free-Flow Packaging International (FP International).

Protective packaging materials provider Pregis has closed the acquisition of US-based company Free-Flow Packaging International (FP International).

Pregis signed the acquisition agreement last month.

This is the sixth acquisition made by Pregis in the past four years, with the other five being Rex Performance Products, Sharp Packaging, 3M Company’s PolyMask protective films business, Easypack paper-based protective packaging systems and Eagle Film Extruders.

Pregis president and CEO Kevin Baudhuin said: “Pregis and FP International will now be moving forward as one company. This will benefit our combined customer base by providing a robust set of diverse solutions and accelerated product development, most notably to address growing e-commerce shipping requirements.

“This will benefit our combined customer base by providing a robust set of diverse solutions and accelerated product development.”

“This also significantly strengthens Pregis’ geographic position within new international markets, supporting our global growth strategy.”

Founded in 1967, FP International provides a wide range of protective packaging solutions under different brands, including the MINI PAK’R, PRO PAK’R and POWER PAK’R.

The company operates five manufacturing facilities, with two in the US and one each in Germany, France and the Netherlands.

Pregis intends to continue manufacturing operations at the facilities.

Products offered by Pregis include on-demand paper systems, inflatable air systems, foam systems, automated poly bagging systems, cohesive packaging solutions, shipping mailers, temporary protective films, bubble cushioning and pouches, foam sheets and pouches.

The company has more than 24 facilities in North America, as well as additional manufacturing operations across Europe.