Packaging companies Prolamina and Ampac have merged to become ProAmpac.
Private equity firm Wellspring Capital Management handled the merger.
Under the ProAmpac name, four brand divisions will be managed including Prolamina, Ampac, Tulsack, and Business Deposits Plus. The four brands offer packaging in a variety of industries such as food, pet food, and medical markets, secure packaging for cash management, loss prevention and transportation of valuables and documents, and retail paper and plastic shopping bags.
The two companies are based in Cincinnati and have more than 2000 employees and 16 manufacturing centers throughout North America, Europe, and Asia.
“The ProAmpac name allows us to clearly reinforce our commitment to the flexible packaging industry while building on the momentum that our two merged companies provide," said ProAmpac CEO, Greg Tucker. "Using our core values of Integrity, Intensity, Innovation, and Involvement, we can leverage the strengths of all our brand divisions, as well as our skilled teammates, for a greater global impact.”
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