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ProAmpac buys multi-wall solutions producer El Dorado

20 Apr 2021 (Last Updated April 20th, 2021 12:27)

US-based flexible packaging firm ProAmpac has acquired consumer and industrial multi-wall packaging solutions producer El Dorado Packaging.

US-based flexible packaging firm ProAmpac has acquired consumer and industrial multi-wall packaging solutions producer El Dorado Packaging.

El Dorado specialises in manufacturing customised paper-based packaging and printing solutions for the retail and industrial sectors.

The company operates facilities in Arkansas, Minnesota and Nebraska, which produce paper self-opening sacks, consumer packaging rollstock and industrial multi-wall bags for various sectors.

El Dorado will operate from its existing facilities under the ProAmpac brand.

The addition of El Dorado will allow ProAmpac to expand its multi-wall bag product offering into the flour and food ingredients markets, as well as strengthening its paper packaging capabilities in industrial markets.

The financial details of the transaction were not disclosed.

ProAmpac founder and CEO Greg Tucker said: “It’s my pleasure to welcome El Dorado to our growing brand family. This combination strengthens our leadership position in the production of multi-wall paper applications.

“Together with El Dorado, we will enter new end markets, broaden our product offering and serve an expanding customer base with high-quality, innovative flexible packaging solutions.”

ProAmpac currently runs 41 manufacturing sites across the globe, with more than 5,200 employees. It serves more than 5,500 customers in 90 countries.

In January, the company acquired UK-based cellulose-based packaging products manufacturer Rapid Action Packaging (RAP). It also secured a new investment from its owner, Pritzker Private Capital (PPC), to support its next growth phase.