Trade Resources Industry Views Fisher Buys US Firm Packaging Products Corporation

Fisher Buys US Firm Packaging Products Corporation

Fisher Container Holdings has acquired US-based flexographic printing and converting solutions provider Packaging Products Corporation (PPC).

Based in Mission of Kansas, PPC is involved in flexographic printing and converting of flexible films, bags and pouches that are used in food packaging.

The company provides various solutions, including single web, micro-perforation, laser scoring, lamination, anti-fog and pre-made bag solutions.

Established in 1968, PPC also provides film substrates, ink systems, and controlled atmosphere packaging solutions for the customers.

The firm operates two manufacturing facilities, including one in Mission and other in Rome of Georgia.

Fisher CEO Kevin Keneally said: “We expect the combination of these companies will enable us to enhance the value and service we provide to our customers.”

Fisher is a portfolio firm majority owned by investment funds managed by Morgan Stanley Capital Partners (MSCP), the Private Equity team within Morgan Stanley Investment Management.

Based in Buffalo Grove of Illinois, Fisher produces advanced and technical flexible packaging products, which can be used in the cleanroom and healthcare, food and industrial end markets.

The company is engaged in the printing and converting of flexible films, bags and plastic pouches.

Morgan Stanley Capital Partners managing director Eric Kanter said: “PPC enhances Fisher’s position in the food market with its unique set of capabilities that has translated into a favorable position with blue chip and innovative food manufacturers.

“We would also like to thank Bill Mackin and the entire PPC team for their partnership and commend PPC on its many accomplishments.”

Source: http://foodproducts.packaging-business-review.com/news/fisher-buys-us-firm-packaging-products-corporation-060617-5834106
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