M&A Deal Summary

ProAmpac Acquires Hymopack

On December 1, 2020, ProAmpac acquired packaging company Hymopack

Acquisition Highlights
  • This is ProAmpac’s 13th transaction in the Packaging sector.
  • This is ProAmpac’s 3rd transaction in Canada.
  • This is ProAmpac’s 1st transaction in Ontario.

M&A Deal Summary

Date 2020-12-01
Target Hymopack
Sector Packaging
Buyer(s) ProAmpac
Deal Type Add-on Acquisition

Target

Hymopack

Toronto, Ontario, Canada
Hymopack specializes in the manufacturing of paper bags, plastic bags, can liners, and foam packaging trays. The company is a leading supplier to a substantial portion of North American supermarket chains, retailers, quick-service restaurants, and wholesale distribution companies. Hymopack is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

ProAmpac

Cincinnati, Ohio, United States

Category Company
Founded 2015
Sector Packaging
Employees2,400
DESCRIPTION

ProAmpac is a flexible packaging company with a comprehensive product offering. ProAmpac’s approach to sustainability – ProActive Sustainability provides innovative sustainable flexible packaging products to help our customers achieve their sustainability goals. ProAmpac was founded in 2015 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 13 of 27
Sector (Packaging) 13 of 26
Type (Add-on Acquisition) 10 of 22
State (Ontario) 1 of 2
Country (Canada) 3 of 5
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Dyne-a-pak

Laval, Quebec, Canada

Dyne-a-pak specializes in the manufacturing of paper bags, plastic bags, can liners, and foam packaging trays. The company is a leading supplier to a substantial portion of North American supermarket chains, retailers, quick-service restaurants, and wholesale distribution companies. Dyne-a-pak is based in Laval, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 RAP

Wimbledon, United Kingdom

RAP Ltd. is a designer and manufacturer of sustainable packaging for freshly prepared foods sold at retail, including sandwiches, wraps, chicken tenders, and salads. RAP is based in Wimbledon, United Kingdom.

Buy -