Private equity firm acquires major stake in C-P Flexible Packaging

By Michael Lauzon
Correspondent

Published: February 15, 2013 2:42 pm ET
Updated: February 15, 2013 2:44 pm ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Film & Sheet

YORK, PA. -- C-P Flexible Packaging has been majority bought by First Atlantic Capital Ltd., a New York-based middle-market private equity firm with a history in plastics, packaging, branded foods and other sectors.

C-P has been in business for more than 50 years making flexible packaging for snack foods, bakery, confection and consumer goods using lamination and flexographic presses.

The York firm operates two facilities in York with total space of 145,000 square feet. It was owned by Susquehanna Capital, a family-owned business in York that will retain a significant portion of the business.

"The flexible packaging market is very robust," said Louis Mitchell, managing director for Mesirow Financial of Chicago, which advised C-P on the deal. "There is a lot of demand for such businesses."

Mitchell said C-P is a high-growth business with a solid reputation in its industry. The deal was finalized at yearend 2012.


Comments

Private equity firm acquires major stake in C-P Flexible Packaging

By Michael Lauzon
Correspondent

Published: February 15, 2013 2:42 pm ET
Updated: February 15, 2013 2:44 pm ET

Post Your Comments


Back to story


More stories

Image

Ecolean expanding flexible packaging production in China

December 16, 2014 3:07 pm ET

Flexible packaging maker Ecolean AB is opening a new factory and warehouse in China to increase production.    More

Image

UK recycler Eco Plastics sold to German investment group

December 12, 2014 11:19 am ET

Recycler Eco Plastics has been bought by Aurelius AG, a Grünwald, Germany-headquartered investment firm, for an undisclosed sum.    More

Image

Ohio's PTI offering PET services in Southeast Asia

December 11, 2014 12:31 pm ET

Plastic Technologies Inc. is partnering with Hemetek Techno Instruments of Mumbai, India, to provide PET package evaluation services in Southeast...    More

Image

Resin distributor Biesterfeld Plastic buys out partner in Biesterfeld Nordic

December 11, 2014 12:21 pm ET

Hamburg, Germany-based Biesterfeld Plastic GmbH, a distributor for the European plastic and rubber industry, announced that it has bought the shares...    More

Image

End of era for DuPont: Chemical company to sell Neoprene unit

December 10, 2014 11:27 am ET

UPDATED — DuPont Performance Polymers has signed a definitive agreement to sell its Neoprene polychloroprene business to Denka Performance Elast...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events