# ProAmpac to acquire Gelpac from investor group led by Namakor

ProAmpac signed a definitive agreement on March 13, 2024 to acquire Gelpac, a producer of multiwall paper and poly-woven packaging with six facilities in the US and Canada, from an investor group led by NAMAKOR Holdings.

- Type: Acquisition
- Announced: 2024-03-13
- Where: Quebec, Canada
- Status: announced
- Products: multiwall paper bags, polyethylene packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ProAmpac](https://endata.com/companies/435.md) (acquirer)
- [GELPAC](https://endata.com/companies/5750.md) (target)
- [NAMAKOR Holdings](https://endata.com/companies/11617.md) (partner)

## Sources

- [proampac.com](https://www.proampac.com/en-us/media-center/661/proampac-to-acquire-gelpac-from-an-investor-group-led-by-namakor-and-supported-by-w-investments/), 2024-03-13: "ProAmpac will acquire Gelpac from an investor group led by NAMAKOR Holdings"
- [proampac.com](https://www.proampac.com/en-us/media-center/662/proampac-to-acquire-gelpac/), 2024-03-15: "ProAmpac and Gelpac announced the signing of a definitive agreement under which ProAmpac will acquire Gelpac from an investor group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.