M&A Partners Announces Successful Sale of Supreme Packaging to the Pro-Pac Packaging Group (ASX: PPG)
Wednesday, 17th February 2021
M&A Partners is pleased to announce the successful sale of Supreme Packaging, an industry leading flexographic printing and packaging solutions provider, to Pro-Pac Packaging, the ASX listed manufacturer and distributor of industrial, flexible, and rigid packaging products.
Supreme Packaging engaged M&A Partners as Corporate Advisor to identify a strategic acquirer and facilitate the vendors’ retirement. After a comprehensive sale process, Pro-Pac Packaging was the successful bidder, and the parties proceeded into an extensive due diligence process which resulted in the execution of a Sale Agreement in January 2021.
Founded over 30 years ago, Supreme Packaging has grown their industry presence, capabilities and customer base to become a leading mid-tier industry player, offering flexographic packaging solutions to customers in the fast-growing fresh produce, bakery and horticultural industries.
Pro-Pac Packaging was established in 1987, and is one of Asia Pacific’s largest manufacturer, importer and supplier of industrial packaging products. Pro-Pac Packaging operates a number of group companies and brands throughout Australia, New Zealand and Canada, supplying a wide range of services and products to most industry segments.
If you would like to discuss this transaction further, please get in touch with M&A Partners.
0419 919 722