Add-on Acquisition • Packaging

Inno-Pak Acquires Albany Packaging

On November 29, 2023, Inno-Pak acquired packaging company Albany Packaging

Acquisition Context

This is Inno-Pak’s 1st transaction in the Packaging sector.
This is Inno-Pak’s 1st transaction in Canada.
This is Inno-Pak’s 1st transaction in Ontario.

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M&A Deal Summary
Date	November 29, 2023
Target	Albany Packaging
Sector	Packaging
Buyer(s)	Inno-Pak
Deal Type	Add-on Acquisition

Target Company

Albany Packaging

Markham, Ontario, Canada

Albany is a provider in the design and manufacture of custom and stock folding paperboard cartons, including bakery boxes and food packaging items such as trays and takeout boxes. Albany Packaging was founded in 1947 and is based in Markham, Ontario.

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Buyer Overview 1

Buyer

Inno-Pak

Delaware, Ohio, United States

Category	Company
Founded	1992
Sector	Packaging

DESCRIPTION

Inno-Pak provides food packaging for the food service, grocery, convenience store, and hospitality industries. Inno-Pak has a broad range of more than 100 patented products across multiple substrates, supported by robust manufacturing capabilities which include sheeting/printing, die cutting, windowing, gluing, and forming and design services. Inno-Pak was founded in 1992 and is based in Delaware, Ohio.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Packaging	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ontario	1 of 1
Country: Canada	1 of 1
Year: 2023	1 of 1

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