Mesirow Financial Advises Genpak Flexible On Sale
Chicago, Illinois based Mesirow Financial acted as the exclusive financial advisor to Genpak Flexible, a portfo- lio company of the Jim Pattison Group (JPG), on its sale to C-P Flexible Packaging, Inc. (C-P Flexible), a portfolio company of First Atlantic Capital, Ltd. Genpak is an international provider of flexible packag- ing solutions including a broad range of film, foil, and pa- per packaging products. Based in Canada, it serves indus- tries including coffee, snack, and medical products from its two manufacturing plants in Minnesota and Ontario. C-P Flexible is a fully integrated flexible packaging con- verter, equipped with the capabilities of an industry-lead- ing flexible packaging supplier. The acquisition of Genpak will expand C-P Flexible’s presence across North America, bolstering its status as one of the top 20 flexible packag- ing companies in the U.S. “Mesirow’s packaging industry experience, expert counsel and deal management were crucial to finding this partnership with C-P Flexible,” said David Cobb, Man- aging Director of JPG. “The team navigated the unprec- edented conditions brought on by COVID-19, moving quickly to execute the optimal solution for the company. We believe this will enable Genpak to continue providing high-quality solutions and services to its customers.”
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www.boardconvertingnews.com
July 6, 2020
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