Kent Precision Foods Group (KPFG), a operating subsidiary of family-owned food products and animal feed manufacturer Kent, has signed an agreement to acquire US-based flexible packaging supplier PouchTec Industries.
PouchTec Industries, a food and liquid packaging company, manufactures flexible, innovative, packaging solutions for some of the multi-national food and beverage companies.
Financial terms of the deal were undisclosed.
PouchTec Industries president and CEO Bob Jones said: "It is a privilege for all of us at PouchTec to join a successful, well-established, family-owned company like Kent Corporation and Kent Precision Foods Group.
“We believe this change will provide an enhanced opportunity to grow with our customers and provide even more innovative solutions in the future.”
KPFG is a dry and liquid food manufacturing company. It provides products in the domestic and international foodservice, healthcare, industrial and consumer markets.
KPFG president Connie Huck said: "Both KPFG and PouchTec are passionate about serving customers and bringing innovative solutions that help customers achieve their growth goals.
“Both companies are also very focused on investing in their employees and operations. We believe customers will benefit from this new coordination of efforts and shared technology platform."
In addition to KPFG, Kent’s operating subsidiaries include Grain Processing, Kent Nutrition Group and Kent Pet Group.
Based in Missouri, US, PouchTec Industries operates a manufacturing facility, which produces up to 285 million pouches each year.
