ProAmpac Buys Gateway Packaging Company
ProAmpac has acquired Gateway Packaging Company (Gateway), a flexible packaging and technical products company headquartered in White House, Tennessee. Gateway is one of the largest pet food packaging manufacturers in North America, offering a wide array of products including multi-wall bags, standup pouches, small- and large-format quad-seal bags, box pouches, roll stock, treat bags and hybrid bags. Gateway’s products are also sold to the human care and institutional markets.
Greg Tucker, CEO of ProAmpac, says, “The acquisition of Gateway expands our product offering with the addition of multi-wall bags while also increasing our manufacturing capacity of several pouch formats. Gateway will allow us to deliver even more value and services to our customers.”
Cincinnati-based ProAmpac is owned by PPC Partners along with management and other co-investors. With the addition of Gateway, ProAmpac has 33 sites globally with nearly 3,700 employees supplying more than 5,000 customers in 90 countries. ProAmpac manufactures flexible packaging for various consumer, retail and industrial goods markets and also provides secure packaging for the transport of cash and valuables. Gateway will be integrated into ProAmpac’s Extrusion and Laminations division, led by division President Tom Loewald.
“Gateway has a reputation for innovation, responsive customer service and quality. Couple that with our industry-leading converting expertise, and customers now have an unrivaled source for flexible packaging products within ProAmpac,” notes Loewald.
Adds Omar Abuaita, CEO of Gateway: “Gateway’s talented team, multi-wall bag converting expertise, and presence in pet and institutional markets will add to ProAmpac’s competencies and existing customer base. This acquisition will create value and opportunity for both organizations.”