GTCR's PPC Flex acquires Dutch floral packaging supplier Koen Pack
GTCR-backed PPC Flex has acquired Koen Pack, a Netherlands-based supplier of floral and plant packaging with operations across Europe and the Americas. The deal, advised by Loyens & Loeff for GTCR, is a strategic add-on that extends PPC Flex's footprint in floral packaging alongside its existing flexible packaging business. No financial terms were disclosed.
Why this mattersThe deal consolidates the niche floral packaging segment under private equity ownership, adding scale and geographic reach for horticulture-focused flexible packaging suppliers.
- PPC Flex, a portfolio company of private equity firm GTCR, has acquired Koen Pack
- Koen Pack is a Netherlands-based supplier of floral and plant packaging
- Koen Pack operates in Europe, the United States, Canada, Colombia and Ecuador
- Both companies have more than 30 years of experience in the floral packaging industry
- Law firm Loyens & Loeff advised GTCR on legal and tax aspects of the transaction
- The deal is described as a strategic add-on investment within GTCR's portfolio