C-P Flexible Packaging Buys Flexo Transparent
C-P Flexible Packaging has acquired Flexo Transparent, a premier custom plastic manufacturing and printing solutions provider, from ORIX Mezzanine & Private Equity and Sidereal Capital Group. Terms of the transaction were not disclosed. C-P is a long-standing portfolio company of First Atlantic Capital, a New York-based private investment firm.
Based in Buffalo, New York, Flexo Transparent provides its consumer retail customers with cost-efficient, high-quality flexible plastic packaging products, such as rollstock, wicketed bags, pouches and stretch sleeves, and employs state-of-the-art cold seal technology. Flexo Transparent will retain current management.
“Flexo Transparent is a terrific strategic fit for our company as we expand across the Northeast and aim to penetrate attractive new end markets,” notes Mike Hoffman, president and CEO of C-P. “We look forward to leveraging Flexo Transparent’s innovative manufacturing platform and strong team that routinely delivers quality, service, and package solutions, as we continue to execute on our strategy. I am thrilled to welcome the Flexo employees to the C-P team.”
Brian Mabry, President of Flexo Transparent, adds, “Since my father took ownership of the company in 1987, we have been providing our customers with outstanding service and quality packaging. I’m very proud of our team and all that we have accomplished over the years. Flexo Transparent is excited to partner with C-P and we look forward to working with them to expand our capabilities and drive our future growth.”
C-P Flexible Packaging