ProAmpac recently reported that it bought Ultimate Packaging, a maker of flexographic and digitally printed flexible packaging.
Terms of the transaction were not disclosed.
Ultimate Packaging is one of the largest independent flexible packaging manufacturers in the U.K., specializing in the development of packaging solutions to increase product shelf life, convenience, and recyclability across a range of product sectors.
“As a family-owned business, it was important for us to select a partner who shared our values, commitment to innovation, and philosophy of partnership with our customers,” says Nigel Tonge, founder of Ultimate Packaging.
Cincinnati-based ProAmpac is owned by Pritzker Private Capital, along with management and other co-investors. The addition of Ultimate Packaging is ProAmpac’s fourth acquisition in 2021. ProAmpac has nearly 50 manufacturing sites globally, with more than 5,800 employees supplying more than 5,000 customers in 90 countries.