Pregis LLC, Deerfield, Ill., acquired Rex Performance Products (RPP), Marysville, Mich.
Founded in 2011, RPP is known for its high-quality laminated foam technology. The acquisition adds another 100,000 square feet of manufacturing space, as well as 150,000 square feet of warehouse space to the Pregis network.
Don Tate, RPP’s president and CEO, will join Pregis and lead the combined engineered foam business going forward.
“The acquisition strengthens Pregis’ position as a leading North American producer of engineered foam. We will now have five engineered foam manufacturing locations and a vast warehousing network across the continent to serve fabricators. The combined organization will offer customers an expanded portfolio of protective packaging solutions,” says Kevin Baudhuin, president and CEO of Pregis. “We view the Rex Performance Products organization and their employees as a perfect fit within Pregis. We believe our combined product offering, enhanced foam technology and our teams’ knowledge strengthen our position as a valued partner to our customers.”
RPP’s engineered foam products are used for protective packaging (cushioning, surface protection, blocking/bracing, void fill) solutions for a wide variety of products and markets.
RPP is the fifth acquisition Pregis has completed in the past four years under Olympus Partners ownership, including Sharp Packaging, 3M Co.’s PolyMask protective films business, Easypack and Eagle Film Extruders.