# Grafine Partners and Atlantic Ridge Capital acquire Paragon Films

Grafine Partners and Atlantic Ridge Capital announced they are acquiring Oklahoma-based Paragon Films from Rhône for an estimated $900 million. Paragon manufactures plastic stretch film for pallet wrapping.

- Type: Acquisition
- Announced: 2026-10-01
- Where: Oklahoma, United States
- Value: $900.0M
- Status: announced
- Products: plastic stretch film
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Paragon Films](https://endata.com/companies/550.md) (target)
- [Grafine Partners](https://endata.com/companies/15049.md) (acquirer)
- [Atlantic Ridge Capital](https://endata.com/companies/15050.md) (acquirer)
- [Rhône](https://endata.com/companies/15051.md) (investor)

## Sources

- [stonepapers.net](https://www.stonepapers.net/en/blog/intelligence/packaging-dealmaking-october-2026-20261102-155458), 2026-11-02: "Grafine Partners and Atlantic Ridge Capital announced that they’re acquiring Oklahoma-based Paragon Films from private equity firm Rhône in a transaction worth an estimated USD 900 million."
- [packagingdive.com](https://www.packagingdive.com/news/packaging-acquisitions-october-2026/873370/), 2026-11-02: "Grafine Partners and Atlantic Ridge Capital announced that they’re acquiring Oklahoma-based Paragon Films from private equity firm Rhône in a transaction worth an estimated $900 million."

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