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Ampac Packaging Announces Flexicon Acquisition
January 27, 2005
Ampac Packaging LLC recently announced its acquisition of Flexicon Inc., Cary, IL, for an undisclosed amount. Flexicon is a leading manufacturer of high-performance, flexible packaging materials for the pharmaceutical, medical, healthcare, chemical, food and industrial markets. It is known for its technologically advanced, custom- engineered structure, including adhesive lamination, Flexi-Free solventless laminations, heat-seal coated rollstock, pouches, perforated tear products and 10-color, high-resolution flexographic printing. "We are looking to grow our consumer packaging business both organically and through synergistic acquisitions," explains John Baumann, CEO and president of Ampac. "We believe that Flexicon is an ideal strategic acquisition and will be an important cornerstone in helping Ampac achieve its long-term consumer packaging growth goals."