ProAmpac has concluded its acquisition of TC Transcontinental Packaging (TCP) from TC Transcontinental, a flexible packaging company, for $1.51bn.
The woody was archetypal disclosed successful December 2025.
With 25 facilities and 3,500 employees, TCP’s services see extrusion, printing, lamination, converting, and recycling.
The institution supplies packaging to assorted industries specified arsenic agriculture, beverages, dairy, meat, and favored food.
TC Transcontinental committee enforcement seat Isabelle Marcoux said: “The closing of the merchantability of our Packaging concern represents a cardinal milestone for TC Transcontinental.
“I privation to convey each our packaging employees for their dedication and engagement successful gathering this concern implicit much than a decade. This transaction volition let america to absorption our resources connected our retail services and printing and acquisition publishing activities.”
ProAmpac indicated that the acquisition combines TCP’s manufacturing web and method strengths with its ain absorption connected worldly subject and sustainability.
The determination is intended to enactment the improvement of caller packaging solutions, including obstruction films, mono-material structures, and fibre-based formats.
The summation of TCP’s macromolecule packaging operations gives ProAmpac accrued method resources and a broader beingness successful the planetary market.
ProAmpac founder, vice-chairman and CEO Greg Tucker said: “Today marks an breathtaking caller section for ProAmpac, and we are arrogant to invited TCP arsenic an authoritative subordinate of the ProAmpac family.
“As we integrate TCP’s precocious packaging technologies and talented squad into our operations, we are combining complementary strengths to accelerate the transportation of high-performance, progressively sustainable packaging solutions and further presumption ProAmpac arsenic a preferred packaging spouse worldwide.”
"ProAmpac completes takeover of TC Transcontinental Packaging" was primitively created and published by Packaging Gateway, a GlobalData owned brand.
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