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C-P Flexible Packaging Expands Production Capabilities and Footprint Through Strategic acquisition of Flexo Transparent
Friday 15 March 2019

15 March 2019 - US-based flexible packaging products manufacturer C-P Flexible Packaging has acquired custom plastic manufacturing and printing solutions provider Flexo Transparent from Orix Mezzanine and Private Equity and Sidereal Capital Group, the company said.

Terms of the transaction were not disclosed.

C-P is a long-standing portfolio company of First Atlantic Capital, a New York-based private investment firm.

Based in Buffalo, NY, Flexo Transparent provides its consumer retail customers with cost-efficient, high-quality flexible plastic packaging products, such as rollstock, wicketed bags, pouches and stretch sleeves, and employs state-of-the-art cold seal technology.

Flexo Transparent will retain current management.

Founded in 1959, C-P Flexible Packaging is a flexible packaging company serving stable food and consumer end-markets mainly focused on snacks, baked goods, confections and household chemicals.

C-P provides converted and printed rollstock, stretch and shrink sleeves, and pouches to blue chip customers on a regional and national basis. Located in York, PA, the company operates manufacturing facilities in York and Bristol, PA.

Founded in 1989, First Atlantic Capital is a middle market private equity firm that leverages its extensive consulting and operational experience to acquire middle market companies, seeking to build them up to become market leaders.

Since its inception, the firm has completed more than 70 acquisitions, assembling 22 successful platforms in various industries that include plastics and packaging, food and beverage, consumer and industrial products and business services.

Notable investments in the packaging industry include Berry Plastics, Ranpak, Captive Plastics, Resource Label Group and C-P Flexible Packaging.
Details
Date Published: 15/03/2019
Target: Flexo Transparent
Country: USA
Sector: Paper/Packaging/Office Supplies
Type: LBO
Financing:
Status: Closed
Vendor: Orix Mezzanine and Private Equity and Sidereal Capital Group
Buyer: C-P Flexible Packaging
Comment:
Terms of the deal were not disclosed

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