US-based custom flexible packaging provider PPC Flexible Packaging has snapped up Israel-based StePac, MAPfresh Holdings for an undisclosed sum, said Nspackaging.
Established in 1992 as a nylon film extruder providing sterilisable packaging for medical and healthcare markets, StePac now uses new technologies to develop packaging for fresh produce markets. The firm develops packaging for post-harvest shelf-life extension of high-value agricultural produce such as blueberries, cherries, pomegranates, melons, and various speciality vegetables.
Leveraging its material science experience, the firm uses patented technologies to create atmosphere and humidity-controlled packaging via roll goods, lidding and pre-made bags and pouches for bulk and retail applications. According to PPC, these capacities result in environmentally friendly packaging options that save supply chain costs while minimising food waste and product spoilage.
StePac operates through a network serving customers in more than 40 countries from its corporate headquarters and R&D facility in Tefen, Israel. StePac CEO Asaf Shachnai said: “Over the years our team and I have built StePac to be a global leader in vertically integrated sustainable packaging for many speciality fresh produce items.
“Our technologies help deliver produce to customers worldwide through best-in-class, sustainable shelf life extension and preservation. We believe this combination with PPC will provide greater financial and operational resources to support our brand in this rapidly growing market segment.” Based in Buffalo Grove, Illinois, PPC offers printing and converting flexible films, pouches, and other advanced packaging designs, including prototypes. StePac brings the company’s total number of manufacturing plants up to 14.
We remind, PPC Flexible Packaging LLC, a leading provider of custom flexible packaging, announces the acquisition of Kansas City, KS-based Plastic Packaging Technologies, LLC (PPT). PPC, headquartered in Buffalo Grove, IL, is a leader in printing and converting of flexible films, pouches, and other innovative packaging designs, including prototypes. It is a recognized pioneer in cleanroom packaging for healthcare and medical applications, consumer snack and organic brands, specialty produce, pet, nutraceutical, bakery and horticulture markets.
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