03.25.21
ProAmpac announced its acquisition of IG Industries PLC and Brayford Plastics Ltd., private businesses based in the United Kingdom that produce a broad portfolio of recyclable packaging products.
Terms of the transaction were not disclosed.
IG Industries and Brayford Plastics are suppliers of flexible packaging products for the bakery, meat, fish, poultry and fresh produce markets across the U.K. and Western Europe.
“These strong businesses broaden our product offering and expand our reach across the U.K. and Europe. With their production of high-quality films, excellent quality standards and research & development innovations, IG and Brayford will help ProAmpac deliver even greater value and a vertically integrated experience to our growing customer base," said Greg Tucker, founder and CEO of ProAmpac.
"Our partnership with ProAmpac will enable us to leverage our strong customer, supplier and staff relationships to allow us to compete internationally, and we look forward to working with Greg and his team to meet the needs of our customers while creating growth opportunities for our staff," added Ahmad Lari, managing director of IG.