C-P Flexible Packaging, a manufacturer of flexible packaging based in York, PA, announced the acquisition of Genpak Flexible from the Jim Pattison Group. Genpak Flexible is a North American supplier of compostable packaging and offers a range of patented flexible packaging solutions. C-P Flexible Packaging is a portfolio company of First Atlantic Capital, a New York–based private equity firm.
With facilities in Aurora, ON, and Lakeville, MN, Genpak Flexible holds expertise in custom die-cut rollstock and pouches, as well as paper-based laminations. This strategic investment complements C-P Flexible Packaging’s converting and printing capabilities with a North American footprint now consisting of six locations with more than 750 employees.
“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,” said Mike Hoffman, CEO of C-P Flexible Packaging. “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.”