CINCINNATI — Flexible packaging company ProAmpac has acquired El Dorado Packaging for an undisclosed amount. El Dorado is a paper-based packaging and printing solutions provider, and is expected to expand ProAmpac’s paper and multi-wall packaging offerings.
“It’s my pleasure to welcome El Dorado to the growing ProAmpac family,” said Greg Tucker, founder and chief executive officer of ProAmpac. “This combination strengthens ProAmpac’s leadership position in the production of multi-wall paper applications. Together with El Dorado, we will enter new end markets, broaden our product offering and serve an expanding customer base with high-quality, innovative flexible packaging solutions.”
El Dorado operates three plants in Arkansas, Minnesota and Nebraska. The company manufactures self-opening paper sacks, rollstock and industrial multi-wall bags for several industries, including the animal health market.
“As a leading paper packaging manufacturer, we’re thrilled to combine our multi-wall bag and rollstock capabilities with ProAmpac’s dynamic portfolio,” said Molly Meyer, co-chief operating officer for El Dorado. “I look forward to partnering with Greg and the entire ProAmpac and PPC teams to deliver even greater value to our customers.”
El Dorado marks ProAmpac’s third acquisition so far in 2021, according to the company. The company now owns 41 manufacturing sites globally, employs more than 5,200 people and supplies to more than 5,500 clients across 90 countries.
El Dorado will continue to manage operations at its three manufacturing sites in the United States, now under the ProAmpac brand.
ProAmpac is owned by Pritzker Private Capital.
““The acquisition of El Dorado provides ProAmpac with additional manufacturing capacity and capabilities and will help ProAmpac to continue to deliver reliable and innovative products to its customers,” commented Chris Trick, investment partner at Pritzker. “We welcome El Dorado to the ProAmpac and Pritzker Private Capital families.”
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