ProAmpac to Acquire Gelpac From an Investor Group Led by Namakor, and Supported by W Investments

CINCINNATI & MONTREAL–(BUSINESS WIRE)–ProAmpac, a global leader in flexible packaging and material science, and Gelpac, a premier producer of multiwall paper and poly-woven packaging products, today announced the signing of a definitive agreement under which ProAmpac will acquire Gelpac from an investor group led by NAMAKOR Holdings (“NAMAKOR”), including Groupe W Investissements (“W Investments”) and CDPQ. The strategic acquisition of Gelpac’s production capabilities and high-performance pap

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