ProAmpac, a global leader in flexible packaging and material science, has signed a definitive agreement to acquire PAC Worldwide, a provider of innovative packaging solutions for e-commerce, courier, and retail markets.
The acquisition marks a significant step toward building a fully integrated packaging platform, combining ProAmpac’s expertise in materials science with PAC’s global manufacturing footprint. The combined entity will offer expanded capabilities across blown film, recycled paper mills, lamination, printing, and converting, serving a broad customer base in e-commerce, consumer packaged goods, and industrial sectors.
Customers will gain access to a broader range of secure and sustainable paper-based packaging solutions, while benefiting from enhanced support and innovation aligned with Extended Producer Responsibility (EPR) requirements and evolving sustainability goals.
Headquartered in Redmond, Washington, PAC Worldwide employs over 1,300 people and operates seven manufacturing facilities across the U.S., Mexico, and Malaysia. The company specializes in protective mailers and specialty packaging, offering products in various formats, including polyethylene, paper, and bubble-lined options.
The financial terms of the transaction were not disclosed, and the deal remains subject to customary closing conditions and regulatory approval.
KEY QUOTES:
“This is a transformational moment for our companies. By combining ProAmpac and PAC, we are creating unmatched packaging capabilities that deliver greater flexibility, sustainability, and innovation. Together, we can accelerate material science advancements and deliver solutions that help our customers achieve their most ambitious goals.”
Greg Tucker, ProAmpac founder, vice chairman, and chief executive officer
“Partnering with ProAmpac will help us scale faster and deliver even more value. Together, we’ll meet growing global demand for innovative and sustainable packaging.”
Jim Boshaw, PAC’s chief executive officer
“At ProAmpac, our people and values are at the heart of everything we do. By welcoming PAC’s talented team, we’re strengthening our culture of innovation, integrity, and customer partnership. Together, we will empower our employees and deliver exceptional value to customers worldwide.”
Sachin Desai, president and chief operating officer of ProAmpac
