M&A Deal Summary

ProMach Acquires Jet Label & Packaging

On October 30, 2019, ProMach acquired packaging company Jet Label & Packaging

Acquisition Highlights
  • This is ProMach’s 5th transaction in the Packaging sector.
  • This is ProMach’s 2nd transaction in Canada.
  • This is ProMach’s 1st transaction in Alberta.

M&A Deal Summary
Date 2019-10-30
Target Jet Label & Packaging
Sector Packaging
Buyer(s) ProMach
Deal Type Add-on Acquisition

Target

Jet Label & Packaging

Edmonton, Alberta, Canada
website
Jet Label & Packaging Ltd. is a manufacturer of labels and printed tape for a broad range of industries, including food and beverage, consumer packaged goods, pharmaceuticals, agriculture, forestry, transportation, grocery stores, and mass-market retailers. Jet Label & Packaging Ltd. was founded in 1998 and is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

ProMach

Covington, Kentucky, United States

website

Category Company
Founded 1998
Sector Packaging
Revenue 213M USD (2014)
DESCRIPTION

ProMach is a provider of complete packaging machinery solutions, engineering and integration services, and related aftermarket products and services. ProMach brands operate across the entire packaging spectrum: filling and capping, flexibles, pharma, product handling, labeling and coding, and end of line. ProMach also provides Performance Services including integrated solutions, design/build, engineering services, and productivity software to optimize packaging line design and deliver maximum uptime. ProMach was founded in 1998 and is based in Covington, Kentucky.

DEAL STATS #
Overall 15 of 28
Sector (Packaging) 5 of 9
Type (Add-on Acquisition) 15 of 28
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-17 Grip-Pak

Lake Forest, Illinois, United States

Grip-Pak is a provider of multipack handle solutions for beverage companies packaging their products in cans or bottles, as well as retailers and wholesale distributors looking to promote or repack their SKUs. Grip-Pak is based in Lake Forest, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-09 Modering Packaging

Deer Park, New York, United States

Modering Packaging designs, manufactures, and supports stainless steel equipment for filling, heat sealing, overcapping, loading, and denesting premade cups and trays as well as gas flush, HEPA, Clean in Place (CIP), and Sterilization in Place (SIP) systems. Filling systems can be provided in fully enclosed, ultra-clean, modified atmosphere packaging (MAP) with gas flush, or aseptic configurations, and all systems are designed to fulfill USDA and 3-A Sanitary Standards. Modering was founded in 1989 and located in Deer Park, New York.

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