PPC Flex, a leading North American flexible packaging manufacturer sponsored by GTCR, today announced the successful acquisition of the U.S. operations of SÜDPACK, a global leader in high-performance films and innovative packaging solutions.
“This strategic move expands PPC Flex’s manufacturing footprint and strengthens its position as a premier provider of Purposeful, Powerful, Packaging Solutions across the consumer and healthcare packaged goods sectors,” PPC Flex said in a statement.
A Powerful Strategic Fit
The acquisition of SÜDPACK’s U.S. facilities, located in Oak Creek, Wisconsin, provides PPC Flex with enhanced production capabilities in flexographic printing and conversion, as well as cold seal technology. SÜDPACK’s U.S. operations are strategically located in the heart of the domestic meat and cheese industries, offering immediate access to new and growing critical customer segments. By integrating SÜDPACK’s advanced film technology and conversion capabilities, PPC Flex will further differentiate itself through:
- New and innovative flexible packaging solutions for the growing specialty protein market – expanding PPC’s current product and service offering specifically in the meat and cheese categories.
- Expanded technical solutions and product offerings, including cold seal technology, to further enhance current strategic customer partnerships in the specialty snack, confectionary, and ‘better for you’ markets.
- Additional capabilities, capacity, and equipment redundancy to provide all customers with shorter lead times and an enhanced speed-to-market service model across each of PPC’s product offerings.
“We are thrilled to welcome the SÜDPACK U.S. team into the PPC Flex family,” said Kevin Keneally, CEO of PPC Flex. “This acquisition brings us expanded technical capabilities and capacity that will allow us to deliver even more innovative and sustainable solutions across our broad customer base.”
Thorsten Seehars, CEO of SÜDPACK Group, adds: “We are very pleased to have found in PPC Flex a strong and forward-looking buyer for our U.S. Operations. Their strategic vision, innovative strength, and commitment to long-term growth give us full confidence that our facilities and our team are in excellent hands. We are equally glad that PPC Flex with its large converting footprint will become a strategic partner for SÜDPACK in the United States going forward.”
