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

New medical firm buys Clairson Plastics

September 19, 2014 4:33 pm ET

Custom injection molder Clairson Plastics is being sold to a new start-up that plans to dive into the medical market with a new dialyzer, a key...    More

Image

Hong Kong's TK eyes expansion, may buy Nypro Tool operation

September 19, 2014 2:49 pm ET

Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it's reached a tentative agreement to buy a tooling factory in...    More

Exo-s buys injection and blow molder in Mexico, expands footprint

September 19, 2014 2:15 pm ET

Custom molder Exo-s Inc. has bought an injection and blow molding operation in San Juan del Rio, Querétaro, Mexico.    More

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Market Reports

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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events