C-P Flexible Packaging acquires Genpak Flexible
C-P Flexible Packaging has acquired a North American supplier of compostable packaging, expanding the leader in flexible packaging’s footprint to six locations in the U.S. and Canada, and staffing more than 750 employees.
York, Pa.-based C-P Flexible Packaging is a longstanding portfolio company of First Atlantic Capital, New York, and the acquisition of Genpak Flexible comes from The Jim Pattison Group.
Genpak Flexible offers a wide range of patented flexible packaging solutions that fits in with C-P’s best-in-class converting and printing capabilities. The packager has facilities in Aurora, Ontario, and Lakeville, Minnesota, and holds expertise in customized die-cut rollstock and pouches, as well as paper-based laminations.
“With the unique capabilities and sustainable packaging portfolio of Genpak Flexible, this strategic acquisition provides our customers with a wider array of innovative flexible packaging options than ever before,” said Mike Hoffman, chief executive officer, C-P Flexible Packaging. “Our two companies’ cultures are similar, with a laser-like focus on customers and continuous innovation. We’ve been highly impressed by the talent and resources within Genpak Flexible, and we are excited to move forward in creating more value for our customers.”
C-P Flexible Packaging was founded in 1959 and carries a full portfolio of flexible packaging formats spanning HD printed rollstock, premade pouches, shrink sleeves, stretch sleeves, poly bags, roll-fed labels, reclose, cold-seal and recyclable flexible packaging.