ProAmpac completes USD 1.51bn purchase of TC Transcontinental Packaging
ProAmpac has closed its acquisition of TC Transcontinental Packaging from Canada's TC Transcontinental for USD 1.51bn, a deal first disclosed in December 2025. The acquired business runs 25 facilities with 3,500 employees, supplying extrusion, printing, lamination, converting and recycling services to agriculture, beverage, dairy, meat and pet food customers. TC Transcontinental said it will now concentrate on retail services and printing and educational publishing.
Why this mattersProAmpac gains 25 plants and 3,500 employees in flexible packaging, while TC Transcontinental leaves the segment to concentrate on retail services and printing.
- Deal value USD 1.51bn, closed 23 September 2026
- Acquisition first disclosed in December 2025
- TC Transcontinental Packaging comprises 25 facilities and 3,500 employees
- Acquired operations cover extrusion, printing, lamination, converting and recycling
- TC Transcontinental will focus remaining business on retail services and printing and educational publishing
- ProAmpac gains added protein packaging operations and technical resources
Sources
infomarine.net