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January 20, 2021

ProAmpac secures new investment from PPC for next phase of growth

Flexible packaging company ProAmpac has secured new investment from Pritzker Private Capital (PPC) to support its next growth phase.

Flexible packaging company ProAmpac has secured new investment from Pritzker Private Capital (PPC ) to support its next growth phase.

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With fresh financing, PPC is continuing to strengthen its multi-year partnership. It acquired ProAmpac alongside management in 2016.

The companies did not disclose the financial terms of the investment.

ProAmpac founder and CEO Greg Tucker said: “Both ProAmpac and PPC are employee-centric organisations and we remain aligned in our values-based culture and leadership strategy. We are pleased to strengthen and continue our successful partnership with PPC .

“This investment will help ProAmpac continue our growth, including future acquisitions and expansion into new geographies.

“With the continued support of our strategic partners, we will enhance our best-in-class product offering and commitment to serve our customers with sustainable solutions for their custom packaging needs.”

Besides PPC and ProAmpac management, Singapore’s sovereign wealth fund GIC , the company’s existing and new co-investors also joined in the investment round.

Based in Cincinnati, ProAmpac currently operates 37 sites globally, with nearly 4,800 employees supplying more than 5,000 customers in 90 countries.

Pritzker Private Capital chairman and CEO Tony Pritzker said: “We are thrilled to continue our partnership with Greg and the ProAmpac team. We look forward to working together with new partner GIC to identify and pursue future strategic growth opportunities for this great company.”

Last week, ProAmpac strengthened its operations with the acquisition of UK-based manufacturer Rapid Action Packaging (RAP).

Related Companies

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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