# Cascades sells Flexible Packaging plant in Mississauga to Five Star Holding for CAN$31M

Cascades agreed to sell its Flexible Packaging plant activities in Mississauga, Ontario, to Five Star Holding of Houston, Texas, for CAN$31 million, effective immediately. The 45 employees will be retained and a supply agreement covers continued film supply to Cascades.

- Type: Acquisition
- Announced: 2025-10-08
- Where: Mississauga, Ontario, Canada
- Value: $22.5M (31.0M CAD)
- Status: completed
- Products: printed flexible plastic packaging, plastic films
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Cascades](https://endata.com/companies/923.md) (partner)
- [Five Star Holding](https://endata.com/companies/13571.md) (acquirer)

## Sources

- [cascades.com](https://www.cascades.com/en/news/cascades-announces-sale-its-flexible-packaging-plant-activities-five-star-holding-can31), 2025-10-08: "Cascades announces that it has reached an agreement to sell its Flexible Packaging plant activities to Five Star Holding ("Five Star") based in Houston, Texas."

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