INDEVCO Plastics acquires equity stake in ePac Holdings to drive adoption of digital packaging
This move will accelerate ePac’s leadership position in the rapidly growing short and medium-run digital packaging market.
INDEVCO Plastics, Longview, Texas, acquired an equity stake in ePac, a Delray Beach, Fla.-based producer of flexible packaging. INDEVCO, a global plastic film and flexible packaging manufacturer, will accelerate ePac’s leadership position in the rapidly growing short and medium-run digital packaging market.
ePac also announced plans to open additional locations in Houston, Miami, and Los Angeles.
“With INDEVCO joining the ePac team, we’ve added a great partner with over 60 years in flexible packaging,” says Jack Knott, chief executive officer of ePac. “Our partnership will create tremendous operational synergy and a shared vision for future growth.”
“We’re excited about our partnership with ePac and its technology-driven solutions. The market – from consumer brands and flexible packaging converters to co-packers – is asking for short and medium-run digital packaging, and we are pleased to be a leader in this technology in North America,” adds Robert Laird, executive vice president of operations for INDEVCO Plastics.