FMN | January 3rd, 2022

Prairie Acquisition (Cont’d from Page 1)

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capabilities and a diverse base of long-tenured cus- tomers to ProAmpac. With the addition of PSG, Pro- Ampac extends its reach in the food and pet food markets, expands its pouching capabilities and strengthens its leading market position in sustain- able, flexible packaging solutions. PSG’s founders and management team will remain with the busi- ness post-transaction. ProAmpac is owned by Pritzker Private Capital along with management and other co-investors. ProAmpac has nearly 50 sites globally, with more than 6,000 employees supplying more than 5,000 customers in 90 countries. Zeller+Gmelin Increases N.A. Flexo Ink Production Zeller+Gmelin North America, a manufacturer of commercial inks, coatings and adhesives, has pur- chased four visconomic ink mills and one high- speed mixer to increase flexographic ink produc- tion and combat industry ink shortages in multiple markets. The new visconomic ink mills boast high flow rates and ink temperature control, along with an ergonomic, user-friendly design, according to the company. Zeller+Gmelin purchased two additional mills from the Bühler Group as of December 2021. The two additional mills are scheduled to be installed by spring 2022. Self-adhesive Label Market To Reach $62.3 Billion The global self-adhesive labels market size is pro- jected to grow from $47.9 billion in 2021 to $62.3 billion by 2026 at a Compound Annual Growth Rate of 5.4 percent from 2021 to 2026, according to a new report from MarketsandMarkets.The glob- al self-adhesive labels market size is projected to grow from $47.9 billion in 2021 to $62.3 billion by 2026, at a CAGR of 5.4 percent from 2021 to 2026. In terms of value, the release liner segment is es- timated to lead the self-adhesive labels market in 2020. In terms of value, permanent segment is estimat- ed to be the fastest-growing segment in the self-ad- hesive labels market. The APAC region is projected to be the fast- est-growing region in the self-adhesive labels mar- ket during the forecast period.

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