ProAmpac acquires UP Paper

Packaging Solutions

ProAmpac, a global leader in flexible packaging and material science, has announced the acquisition of UP Paper, a leading producer of recycled kraft paper. Terms of the transaction were not disclosed. 

‘The UP Paper team has done an incredible job building this great business. We look forward to building on the existing relationships and production expertise to serve our customer base with a broader suite of sustainable packaging products,’ said Greg Tucker, founder, vice chairman, and chief executive officer of ProAmpac.

‘ProAmpac has built an exceptional platform from which we can continue to grow our business,’ said Lars Dannberg, president, and CEO of UP Paper. ‘Together, we will have a strong portfolio of paper products and a shared commitment to excellence in customer service. I am confident our current and future customers will benefit from this partnership.’