In a pet food industry acquisition, ProAmpac, flexible packaging company, acquired Gateway Packaging Company (Gateway), a flexible packaging and technical products company headquartered in White House, Tennessee, USA.
Gateway is a pet food packaging manufacturer in North America. The company offers an array of products including multi-wall bags, stand-up pouches, small- and large-format quad-seal bags, box pouches, roll stock, treat bags and hybrid bags. Gateway’s products are also sold to the human care and institutional markets.
“The acquisition of Gateway expands our product offering with the addition of multi-wall bags while also increasing our manufacturing capacity of several pouch formats,”
Greg Tucker, CEO of ProAmpac, said in a press release. “Gateway will allow us to deliver even more value and services to our customers.”
Cincinnati-based ProAmpac is owned by PPC Partners along with management and other co-investors. With the addition of Gateway, ProAmpac has 33 sites globally with nearly 3,700 employees supplying more than 5,000 customers in 90 countries. ProAmpac manufactures flexible packaging for various consumer, retail and industrial goods markets and also provides secure packaging for the transport of cash and valuables. Gateway will be integrated into ProAmpac’s Extrusion and Laminations division, led by division President Tom Loewald.
“Gateway’s talented team, multi-wall bag converting expertise, and presence in pet and institutional markets will add to ProAmpac’s competencies and existing customer base. This acquisition will create value and opportunity for both organizations,” said Omar Abuaita, president and Chief Executive Officer of Gateway.
Earlier acquisitions be ProAmpac
In 2015, ProAmpac acquired Coating Excellence International (CEI), a flexible packaging and technical products company based in Wrightstown, Wisconsin, USA. CEI specializes in wide web extrusion coating and laminating of film, foil, paper, board and nonwovens and will enhance ProAmpac’s already robust extrusion lamination capabilities.