Pregis LLC, Deerfield, Ill., entered into a definitive agreement to purchase Free-Flow Packaging International, Inc. (FP International), Fremont, Calif.
“The acquisition of FP International will benefit our combined customer base by providing a robust set of diverse solutions and accelerated product development—most notably to address growing e-commerce shipping requirements. This also significantly strengthens Pregis’ geographic position within new international markets, supporting our global growth strategy,” says Kevin Baudhuin, president and CEO of Pregis. “Additionally, we look forward to welcoming FP’s exceptional professionals to the Pregis team. Our cultural similarities will fuel future growth.”
FP International boasts a 50-year history of providing a wide range of protective packaging solutions under the MINI PAK’R, PRO PAK’R and POWER PAK’R brands.
“We’re excited to become a part of Pregis’ expanding protective packaging portfolio,” adds Joe Nezwek, president of FP International. “This will enable us to continue FP’s 50-year commitment to innovation and outstanding customer service. As one company, we can accelerate our efforts to meet the evolving needs of our customers.”
FP International maintains five manufacturing facilities—two in the United States plus Germany, France and the Netherlands—supported by 360 employees. Pregis plans on continuing manufacturing operations in those locations.