C-P Flexible Packaging Announces Acquisition of Prestige-Pak, Inc.

C-P Flexible Packaging (C-P), a leader in the flexible packaging industry, today announced the acquisition of Prestige-Pak, Inc., a privately held manufacturer in Wisconsin focusing on printed packaging films for the retail food markets. C-P Flexible Packaging is a longstanding portfolio company of First Atlantic Capital, a New York based private equity firm. Terms of the transaction were not disclosed.

With this latest acquisition, C-P Flexibles expands its multi-plant manufacturing base to provide rapid response and best-in-class printing quality. Prestige-Pak is a second generation, family-owned converter with a 53 year history of success. The company brings diverse capabilities including ten-color flexographic printing, laminating, custom slitting and a variety of prepress services. Prestige-Pak’s long standing customer relationships were built on innovation, quality, and trust and provide a strong foundation for growth.

“Prestige-Pak is an excellent addition to the C-P family,” said Mike Hoffman, CEO of C-P. “We are excited to add Prestige-Pak’s state of the art, spotless facility to our portfolio and benefit from their focus on rapid response and problem-solving capabilities. Together with Prestige-Pak, we are expanding our ability to support our customers with their supply chain needs. C-P continues to invest and grow rapidly to address ever-changing market demands.”