ProAmpac Acquires Specialty Packaging, Inc.
ProAmpac, a leader in flexible packaging and material science, announced that it has acquired Specialty Packaging, Inc. (“Specialty Packaging”), a family-owned manufacturer of specialty paper, film and foil packaging products for the fast food and food services industries. The addition of Specialty Packaging’s complementary product portfolio and manufacturing capabilities extends ProAmpac’s reach with food service customers and expands its footprint to the southwestern United States.
Based in Fort Worth, Texas, Specialty Packaging is a leading provider of paper, film, foil bags, sandwich wraps, basket liners and other custom products for longtime blue-chip fast food and food service brands. The company produces custom and stock paper, film and foil products from its state-of-the-art 100,000 square-foot facility. With this acquisition, ProAmpac broadens its portfolio of highly customized, recyclable food packaging solutions and increases its paper bag converting capacity.
Greg Tucker, Founder and CEO of ProAmpac, said, “Specialty Packaging has a very complementary offering of high-quality products and a proven commitment to customer service. I am eager to welcome the Specialty Packaging team to the ProAmpac family. We are excited to expand our customer relationships and enhance our manufacturing presence as we work together to strengthen our position as an industry leader in specialty, sustainable packaging.”
“We are pleased to join forces with the ProAmpac team, who values the history of our family-owned business and are committed to our company’s long-term growth,” said Hank Dorris, President at Specialty Packaging. “With ProAmpac’s extensive and comprehensive manufacturing capabilities, we will be able to better serve our existing customers while expanding into exciting new end-markets.”
Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. ProAmpac has over 50 sites globally, with close to 5,800 employees supplying over 5,000 customers in 90 countries. ProAmpac innovates, engineers and manufactures flexible and sustainable packaging and material science solutions for various consumer, healthcare, e-commerce, retail and industrial goods markets.
Kaitlyn Desai, Vice President at Pritzker Private Capital, added, “This acquisition enhances ProAmpac’s leading position in the food packaging sector. The addition of Specialty Packaging’s highly complementary product lines create a truly exciting combination. We look forward to continuing our strong partnership with Greg and the ProAmpac team and welcome Specialty Packaging to the PPC family.”
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