“Pregis and FP International will now be moving forward as one company. This will benefit our combined customer base by providing a robust set of diverse solutions and accelerated product development—most notably to address growing e-commerce shipping requirements. This also significantly strengthens Pregis’ geographic position within new international markets, supporting our global growth strategy,” said Kevin Baudhuin, president and chief executive officer.
FP International has a 50-year history of providing a wide range of protective packaging solutions. Its well-known brands include the MINI PAK’R®, PRO PAK’R® and POWER PAK’R®. The acquisition includes five manufacturing facilities—two in the United States plus Germany, France, and the Netherlands—supported by 360 employees. Pregis plans on continuing manufacturing operations in those locations.