ProAmpac to acquire TC Transcontinental Packaging for US$1.51 billion

ProAmpac signed a definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental for US$1.51 billion (about CAD 2.1 billion). The deal is expected to close in Q1 2026.

“The transaction is expected to close in the first quarter of calendar 2026, subject to shareholder approval, regulatory approvals and other customary conditions.”proampac.com

• 6 sources
• proampac.comProAmpac to Acquire TC Transcontinental Packaging from TC TranscontinentalDec 8, 2025
• streetinsider.comProAmpac to Acquire TC Transcontinental Packaging from TC TranscontinentalDec 8, 2025
• tctranscontinental.comTranscontinental Inc. enters into Agreement to Sell its Packaging Business | TC TranscontinentalDec 8, 2025
• privateequityinternational.comPPC-backed ProAmpac to buy TC Transcontinental Packaging for $1.51bnDec 8, 2025
• foodandbeverage.businessProAmpac Acquires Flexibles Specialist TC Transcontinental Packaging in £1.12 Billion Deal - Food and Beverage Business

Summarized from public sources; check the original articles before acting on it.