ProAmpac acquires three Canadian private-based manufacturers

2 December 2020 (Last Updated December 2nd, 2020 15:50)

Flexible packaging company ProAmpac has enhanced its manufacturing capabilities with the acquisitions of three private-based packaging products manufacturers in Canada.

Flexible packaging company ProAmpac has enhanced its manufacturing capabilities with the acquisitions of three private-based packaging products manufacturers in Canada.

The private businesses are Rosenbloom Groupe, Hymopack and Dyne-A-Pak.

Financial details of the transaction are not disclosed.

ProAmpac CEO Greg Tucker said: “All of us at ProAmpac have deep respect for the legacy and long history of excellence of the Rosenbloom Group of companies.

“We are pleased to add this strong business to our platforms, which enhances our presence in Canada and allows us to broaden our product offering in the US.

“With the Rosenbloom, Dyne-A-Pak and Hymopack brands as part of the ProAmpac family, we will deliver even greater value and services to our customers.”

Rosenbloom Groupe, Hymopack and Dyne-A-Pak supply products including paper bags, plastic bags and can liners, and foam packaging trays.

The companies serve North American retailers, grocery chains and quick service restaurants (QSR), wholesale distribution companies.

With the acquisition of Rosenbloom, ProAmpac now operates 35 sites globally with nearly 4,600 employees. It will serve more than 5,000 customers across 90 countries.

Following the deal, Rosenbloom Groupe’s will continue to operate in Canada and will maintain its manufacturing facilities.

Rosenbloom Groupe Richard Rosenbloom said: “The ProAmpac team has demonstrated an appreciation for our history and I look forward to working collaboratively with Greg as we seamlessly bring our organisations together.

“Our capabilities are highly complementary with ProAmpac’s operations, and I am confident this combination will deliver compelling value to our customers and exciting opportunities for our team.”

Based in Cincinnati, ProAmpac manufactures flexible packaging specialising for consumer, healthcare, e-commerce, retail, and industrial goods markets.

In September this year, ProAmpac partnered with manufacturer Metropolitan Tea to launch ProActive Compostable package.