# 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.

- Type: Acquisition
- Announced: 2025-12-01
- Where: Chicago, United States
- Value: $1.51B
- Status: announced
- Products: flexible packaging, dairy packaging, meat packaging, medical packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [ProAmpac](https://endata.com/companies/435.md) (acquirer)
- [TC Transcontinental](https://endata.com/companies/2421.md) (partner)
- [TC Transcontinental](https://endata.com/companies/2421.md) (target)
- [Transcontinental Inc.](https://endata.com/companies/2936.md) (partner)
- [TC Transcontinental Packaging](https://endata.com/companies/4718.md) (target)
- [Pritzker Private Capital](https://endata.com/companies/5090.md) (investor)

## Sources

- [proampac.com](https://www.proampac.com/en-us/media-center/911/proampac-to-acquire-tc-transcontinental-packaging-from-tc-transcontinental/), 2025-12-08: "The transaction is expected to close in the first quarter of calendar 2026, subject to shareholder approval, regulatory approvals and other customary conditions."
- [streetinsider.com](https://www.streetinsider.com/Business+Wire/ProAmpac+to+Acquire+TC+Transcontinental+Packaging+from+TC+Transcontinental/25709915.html), 2025-12-08: "The transaction is expected to close in the first quarter of calendar 2026, subject to shareholder approval, regulatory approvals and other customary conditions."
- [tctranscontinental.com](https://tctranscontinental.com/en-ca/company-overview/news-room/press-releases/transcontinental-inc-enters-into-agreement-to-sell-its), 2025-12-08: "The aggregate purchase price payable to the Corporation... is approximately $2.10 billion (1), subject to customary adjustments."
- [privateequityinternational.com](https://www.privateequityinternational.com/ppc-backed-proampac-to-acquire-tc-transcontinental-packaging-for-1-51bn/), 2025-12-08: "ProAmpac... has agreed to acquire TC Transcontinental Packaging from TC Transcontinental, for $1.51 billion (about C$2.1 billion)."
- [foodandbeverage.business](https://www.foodandbeverage.business/packaging/proampac-acquires-flexibles-specialist-tc-transcontinental-packaging-in-1-12-billion-deal-2/), 2026-01-22: "This acquisition is a transformative milestone for ProAmpac and TCP."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/tc-transcontinental-packaging-division-sale/), 2026-02-03: "ProAmpac will acquire all shares related to TC Transcontinental’s packaging operations for $1.51bn."

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