PPC Flexible Packaging LLC has made its sixth acquisition in three years, this time buying Custom Poly Bag Inc. for an undisclosed price.
PPC of Buffalo Grove, Ill., does flexographic printing and converting of flexible films, bags and pouches. Alliance, Ohio-based Custom Poly is a flexible packaging converter that serves bakery, medical and specialty consumer markets.
Custom Poly's capabilities include film extrusion, printing and bag operations. The firm was founded in 1969 by Lloyd Carlile and Donald Prather.
In a Dec. 1 news release, PPC CEO Kevin Keneally said that Custom Poly's owners "took their family business to a heightened level to be a recognized leader in the specialty bakery market." PPC's combination with Custom Poly "enhances our position of servicing mid-size SKUs and speed to market across key flexible packaging growth segments," he added.
"Our families have spent the past 51 years building this business to become a recognized employer in northeast Ohio and a high quality, service-oriented supplier to our customers around the country," Prather, Custom Poly principal and co-founder, said in the release. "We are excited to be partnering with PPC to assist us in growing this business to the next level."
PPC now operates eight plants and employs more than 1,000. Officials said that all of the acquired businesses were specialty and differentiated flexible packaging firms. Those firms "have been successfully integrated into the PPC Flexible Packaging enterprise and are executing aggressive growth synergies," they added.
Markets served by PPC include clean room packaging for health care and medical applications, snack and organic brands, specialty produce, pet, nutraceutical, bakery and horticulture.
The Custom Poly deal is the first for PPC since October 2019 when it acquired Popular Ink LLC of McKinney, Texas.