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

Sigma's Packworx center geared at helping customers solve problems

September 29, 2014 3:41 pm ET

Sigma Stretch Film has opened a training center to help customers find the best solution to using the packaging films.    More

Image

Early decision on 3-D motion technology goes to National Graphics

September 29, 2014 2:29 pm ET

Even without super powers, technology firm National Graphics Inc. has won a decision in a patent challenge vs. a rival company.    More

Image

Clariant extends reach into Asia with acquisition

September 29, 2014 9:54 am ET

Clariant International Ltd. is buying VitaPac (HK) Industrial Ltd., a Hong Kong-based company which produces desiccant packets for the healthcare...    More

Image

Nypro Healthcare continues to grow following Jabil acquisition

September 26, 2014 1:59 pm ET

Nypro Healthcare's newest medical device manufacturing facility offers 200,000 square feet of carefully configured Class 8 clean room molding and...    More

Image

England's Essentra buying Abric Berhad

September 26, 2014 11:31 am ET

Packaging firm Essentra plc has announced the planned acquisition of Abric Berhad, a Kuala Lumpur-based manufacturer of security sealing products.    More

Market Reports

Plastics in Mexico - State of the Industry Report

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

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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

More Events