M&A Deal Summary

ProAmpac Acquires UP Paper

On March 18, 2024, ProAmpac acquired environmental company UP Paper

Acquisition Highlights
  • This is ProAmpac’s 1st transaction in the Environmental sector.
  • This is ProAmpac’s 15th transaction in the United States.
  • This is ProAmpac’s 1st transaction in Michigan.

M&A Deal Summary
Date 2024-03-18
Target UP Paper
Sector Environmental
Buyer(s) ProAmpac
Deal Type Add-on Acquisition

Target

UP Paper

Manistique, Michigan, United States
UP Paper is a producer of 100% unbleached recycled kraft paper for packaging applications. The company produces natural kraft paper for packaging applications made from 100% recycled fiber. It serves customers in the food service, eCommerce, and consumer retail markets with a strong commitment to sustainability. UP Paper was formed in 2016 and is based in Manistique, Michigan.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 27 of 27
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 22 of 22
State (Michigan) 1 of 1
Country (United States) 15 of 15
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-13 Gelpac

Marieville, Quebec, Canada

Gelpac is a supplier of high-performance packaging solutions to the North American agrifood, pharmaceutical, chemical, and construction industries. Its multiwall paper bags and various polyethylene packaging products are designed to meet the exact specifications of each client and are manufactured on state-of-the-art production lines by seasoned teams that share a common passion, that of a job well done. Gelpac was founded in 1956 and is based in Marieville, Quebec.

Buy -
Mergr

Product

Company

Legal