ProAmpac makes food packaging move with RAP deal
US-based flexible packaging business ProAmpac has acquired UK cellulose-based packaging products provider Rapid Action Packaging (RAP) as part if its plans to expand into the ready-to-eat and fresh prepared foods market.
Print Monthly Consultant Editor
Tuesday, 19 Jan 2021 08:28 GMT
RAP specialises in sustainable packaging for fresh prepared foods sold at retail
Financial terms of the deal were not disclosed, but it was confirmed that RAP will join the ProAmpac brand and maintain operations at its manufacturing facilities in Ireland and London.
The addition of RAP means ProAmpac will now have 37 sites around the world, with nearly 4,800 employees supplying over 5,000 customers in 90 countries.
RAP is established as a designer and manufacturer of sustainable packaging for fresh prepared foods sold at retail, including sandwiches, wraps, chicken tenders and salads.
“RAP is an excellent addition to the ProAmpac family. We are excited to add RAP’s focus on research and development for fresh prepared food packaging to our portfolio.
Together with RAP, we are extending our product reach in food service to now include a ready-to-eat portfolio, and we will continue to bring innovative ideas and products to a growing customer base”
“Together with RAP, we are extending our product reach in food service to now include a ready-to-eat portfolio, and we will continue to bring innovative ideas and products to a growing customer base,” ProAmpac chief executive Greg Tucker said.
Owned by Pritzker Private Capital, along with management and various other co-investors, ProAmpac manufactures flexible packaging for various consumer, healthcare, e-commerce, retail and industrial goods markets.
RAP chief executive Graham Williams adds: “Our two companies are highly complementary, with a collaborative working relationship and a common strength in our research and innovation practices.
“Together with ProAmpac, we will create stronger solutions for our customers. Our teams are a great cultural fit and we are excited to help ProAmpac serve even more customers in the retail market.”
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