US-based Pregis has purchased UK’s paper-based protective packaging company Easypack for an undisclosed sum.
With the acquisition, Pregis aims to expand its North American product portfolio, adding a complete line of paper void fill, cushioning and block / brace solutions.
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Under the deal, Pregis will continue to operate Easypack’s three manufacturing facilities in the UK, as well as other offices and distribution centres in France and Germany.
Established in 1992, Easypack currently employs around 70 people across Europe.
Pregis president and CEO Kevin Baudhuin said: “We are continuously looking for ways to support brand owners with offerings that will meet any protective packaging needs they might have to create a positive customer experience.
“This latest acquisition enables us to expand our performance-oriented paper packaging offering in North America, as well as provide Easypack with inflatable packaging solutions to support the European markets they serve.”
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By GlobalDataThe company currently provides protective packaging materials and systems for the food, beverage, healthcare, medical devices, agricultural, e-commerce and retail sectors.
Baudhuin added: “Easypack, with its 20-plus year track record of innovation in paper packaging solutions, is a welcomed addition to the Pregis family.
Its successful expansion into Europe led to the company being awarded the prestigious Queen’s Award for International Trade on three occasions.
“We look forward to sharing technology to offer even more protective packaging solutions to customers in North America and Europe.”
Pregis recently entered a deal to buy 3M's temporary protective films business, which has annual global sales of around $50m.
