Flexible packaging manufacturer ProAmpac has acquired Oregon-based Bonita Pioneer Packaging Products for an undisclosed amount.
Bonita is engaged in providing paper packaging products including custom and stock shopping bags, merchandise bags, foodservice packaging, and folding cartons.
ProAmpac expects Bonita’s products to complements its existing flexible packaging offerings.
ProAmpac CEO Greg Tucker said: “The acquisition of Bonita expands ProAmpac’s paper packaging manufacturing footprint in the Western and Southeastern US, creating more value and optimizing services for our customers.”
The acquisition expands ProAmpac's manufacturing facilities globally, bringing the total number to 27 with nearly 3,300 employees.
The business will become part of the ProAmpac brand and operate as part of the US Flexibles Division, led by president Tom Geyer.
Geyer said: “Bonita has a reputation for responsive customer service and quality. Couple that with its award-winning printing capabilities, and customers now have an unrivaled source for paper products within ProAmpac.”
ProAmpac, which is owned by Pritzker Group Private Capital along with management and co-investors, primarily manufactures products which serve the food, pet care, health care, lawn care, and retail markets. It also provides secure packaging for the transport of cash and valuables.
Pritzker Group private capital principal Chris Trick said: “The Bonita acquisition is a compelling opportunity for ProAmpac to further its leadership position in retail and foodservice paper bags and underscores our continued commitment to supporting ProAmpac’s growth strategy.”
Image: Bonita Pioneer Packaging’s portfolio will complements ProAmpac’s flexible packaging offerings. Photo: courtesy of ProAmpac.