Cincinnati-based flexible packaging supplier ProAmpac has acquired Rosenbloom Groupe Inc., Hymopack Ltd. and Dyne-A-Pak, private businesses based in Canada that manufacture packaging products.
Terms of the transaction were not disclosed, according to a news release.
Rosenbloom Groupe, Hymopack Ltd. and Dyne-A-Pak are suppliers to North American retailers, grocery chains and quick-service restaurants (QSR), as well as wholesale distribution companies, according to the release. The companies specialize in the manufacture of paper bags, plastic bags and can liners, and foam packaging trays.
With this acquisition, ProAmpac expands its manufacturing capabilities and broadens the product offering it provides to retail, grocery and QSR customers, according to the release.
“All of us at ProAmpac have deep respect for the legacy and long history of excellence of the Rosenbloom Group of companies,” Greg Tucker, CEO of ProAmpac, said in the release. “We are pleased to add this strong business to our platforms, which enhances our presence in Canada and allows us to broaden our product offering in the United States. With the Rosenbloom, Dyne-A-Pak and Hymopack brands as part of the ProAmpac family, we will deliver even greater value and services to our customers.”
ProAmpac is owned by Pritzker Private Capital along with management and other co-investors, according to the release.
With the addition of the Rosenbloom Groupe, the release said ProAmpac has 35 sites globally, with nearly 4,600 employees supplying more than 5,000 customers in 90 countries.
