C-P Flexible Packaging Announces Acquisition of Genpak Flexible

C-P Flexible Packaging—a leading manufacturer of flexible packaging including rollstock, premade pouches, resealable packaging and shrink sleeves—announced today the acquisition of Genpak Flexible from The Jim Pattison Group. Genpak Flexible is a leading North American supplier of compostable packaging and offers a wide range of unique, patented flexible packaging solutions. C-P Flexible Packaging is a longstanding portfolio company of First Atlantic Capital, a New York based private equity firm.

With facilities in Aurora, Ontario and Lakeville, Minnesota, Genpak Flexible holds industry-leading expertise in customized die-cut rollstock and pouches, as well as paper-based laminations. This strategic investment complements C-P Flexible Packaging’s best-in-class converting and printing capabilities. C-P Flexible Packaging’s North American footprint now consists of six locations with over 750 employees.

According to C-P Flexible Packaging CEO Mike Hoffman, “With the unique capabilities and sustainable packaging portfolio of Genpak Flexible, this strategic acquisition provides our customers with a wider array of innovative flexible packaging options than ever before. Our two companies’ cultures are similar, with a laser-like focus on customers and continuous innovation. We’ve been highly impressed by the talent and resources within Genpak Flexible, and we are excited to move forward in creating more value for our customers.”

“We are very proud of our team at Genpak Flexible and the company that they have built,” said David Cobb, Managing Director of The Jim Pattison Group. “We believe both the employees and customers are in excellent hands with C-P Flexible Packaging and that the combined resources of the two companies will only strengthen the opportunities for both employees and customers.”