Flexible packaging maker ProAmpac is buying Texas-based Specialty Packaging Inc., a maker of film, foil and paper packaging.
Specialty Packaging, of Fort Worth, products include film, paper, foil bags, sandwich wraps and basket liners.
"With ProAmpac's extensive and comprehensive manufacturing capabilities, we will be able to better serve our existing customers while expanding into exciting new end-markets," President Hank Dorris at Specialty Packaging said in a news release.
Specialty Packaging, founded in 1964, operates out of a 100,000-square-foot location.
This is the latest in a series of acquisitions for ProAmpac in recent years. It is owned by Pritzker Private Capital.
"This acquisition enhances ProAmpac's leading position in the food packaging sector. The addition of Specialty Packaging's highly complementary product lines create a truly exciting combination," said Kaitlyn Desai, vice president at Pritzker Private Capital, said in a statement.
ProAmpac CEO Greg Tucker said Specialty Packaging has a "very complementary offering" of products.