Trade Resources Industry Views ProAmpac Acquires US Firm Trinity Packaging

ProAmpac Acquires US Firm Trinity Packaging

Flexible packaging firm ProAmpac has acquired US-based Trinity Packaging for an undisclosed sum.

Based in Armonk of New York, Trinity provides flexible packaging solutions to the lawn and garden, food and specialty industrial markets.

Specialized in large format packaging, the company has operations in Rocky Mount of Virginia and Buffalo of New York.

The combined firm will provide products and services for a range of end markets, comprising of food, pet care, healthcare, lawn care, retail and secure packaging to transport cash and valuables.

In addition, the combined firm includes 22 manufacturing sites and 3,000 employees to serve around 5,000 customers in 90 countries.

Trinity Packaging, which will continue to operate with the same name, will be placed as separate division within ProAmpac.

ProAmpac CEO Greg Tucker said: “Trinity Packaging’s legacy spans 100 years. They are a team of industry veterans with a great reputation for quality and service.

“I am confident that ProAmpac’s innovation coupled with Trinity’s capabilities will cement our role as strategic partners to our customers and suppliers."

Trinity former president Peter Freund said: “The combination of ProAmpac's management team coupled with the Pritzker Group's reputation for long-term stewardship made them both ideal partners for the Trinity family.”

Last November, Pritzker Group Private Capital acquired US-based flexible packaging company ProAmpac from private equity firm Wellspring Capital Management.

ProAmpac offers a range of products and capabilities, including wide web extrusion coating and laminating of film, foil, paperboard and nonwovens, metallizing, pouching, bag converting and rotogravure and flexographic printing.

Source: http://packagingmaterials.packaging-business-review.com/news/proampac-acquires-us-firm-trinity-packaging-110417-5784190
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