ProAmpac Completes Acquisition of TC Transcontinental Packaging

CINCINNATI--(BUSINESS WIRE)--ProAmpac, a global innovator in flexible packaging and material science, today announced the completion of its acquisition of TC Transcontinental Packaging (“TCP”) from TC Transcontinental (TSX: TCL.A TCL.B), a North American flexible packaging solutions provider. This acquisition achieves a pivotal milestone in ProAmpac’s long-term growth strategy, uniting TCP’s advanced capabilities and global manufacturing footprint with ProAmpac’s leadership in sustainability, speed to market, and material science to address customers’ evolving packaging needs.

“Today marks an exciting new chapter for ProAmpac, and we are proud to welcome TCP as an official member of the ProAmpac family,” said Greg Tucker, ProAmpac founder, vice chairman, and chief executive officer. “Our organizations share a strong alignment in values, customer commitment, and a culture rooted in innovation and operational excellence. As we integrate TCP’s advanced packaging technologies and talented team into our operations, we are combining complementary strengths to accelerate the delivery of high-performance, increasingly sustainable packaging solutions and further position ProAmpac as a preferred packaging partner worldwide.”

ProAmpac’s innovations in material science, combined with TCP’s global scale and advanced coating capabilities, accelerate the development of next-generation packaging solutions, including barrier films, mono-material structures, and fiber-based formats. The addition of advanced protein packaging capabilities, combined with ProAmpac’s fiber-based expertise, strengthens the company’s technical leadership and enhances its differentiated position in the global packaging industry.

With more than 80 manufacturing sites and 11,000 employees, and an expanded presence across key global markets—including Asia, North America, Latin America, Europe, and New Zealand—ProAmpac is positioned to scale production, enhance customer support, and accelerate the development of next-generation sustainable packaging solutions to meet evolving customer needs.

About ProAmpac

ProAmpac is a global flexible packaging company with a comprehensive product offering. The company provides creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. ProAmpac’s approach to sustainability – ProActive Sustainability – provides innovative sustainable flexible packaging products to help customers achieve their sustainability goals. The company is guided in its work by five core values that are the basis for its success: Integrity, Intensity, Innovation, Involvement, and Impact. Cincinnati-based ProAmpac is owned by PPC along with management and co-investors. For more information, visit ProAmpac.com.

About PPC

PPC is a family-oriented investment firm that specializes in partnering with family-, founder- and management-owned companies in the manufactured products and services sectors. The firm's differentiated investor base, which is anchored by family investors, allows for aligned decision-making, flexible transaction structures, and a focus on achieving long-term business objectives. For more information, visit PPCPartners.com.