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ProAmpac, a leader in flexible packaging, announced that it has acquired Rapid Action Packaging (RAP), a private, U.K.- based manufacturer of cellulose-based packaging products for fresh prepared and ready-to-eat foods. Terms of the transaction were not disclosed.
RAP is a leading designer and manufacturer of sustainable packaging for fresh prepared foods sold at retail, including sandwiches, wraps, chicken tenders and salads. With this acquisition, ProAmpac expands its manufacturing capabilities to produce primary packaging for ready-to-eat and fresh prepared foods, broadening its sustainable product offering for retail food markets.
Greg Tucker, CEO of ProAmpac, said, “RAP is an excellent addition to the ProAmpac family. We are excited to add RAP’s focus on research and development for fresh prepared food packaging to our portfolio. Together with RAP, we are extending our product reach in food service to now include a ready-to-eat portfolio, and we will continue to bring innovative ideas and products to a growing customer base.”
Graham Williams, CEO of RAP, said, “Our two companies are highly complementary, with a collaborative working relationship and a common strength in our research and innovation practices. Together with ProAmpac, we will create stronger solutions for our customers.”
Cincinnati-based ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. With the addition of RAP, ProAmpac has 37 sites globally, with nearly 4,800 employees supplying more than 5,000 customers in 90 countries. ProAmpac manufactures flexible packaging for various consumer, healthcare, e-commerce, retail and industrial goods markets. RAP will join the ProAmpac brand and will maintain operations at its manufacturing facilities in Ireland and London.
