# Intertape Polymer Group to acquire Polyair Inter Pack for $146M

Intertape Polymer Group agreed to acquire 100% of Polyair Inter Pack, a private protective packaging maker with seven North American plants, for about $146 million in cash, subject to closing adjustments.

- Type: Acquisition
- Announced: 2018-07-18
- Where: Canada
- Value: $146.0M
- Status: announced
- Products: bubble cushioning, foam, mailers, air pillow systems
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Intertape Polymer Group](https://endata.com/companies/3611.md) (acquirer)
- [Polyair Inter Pack](https://endata.com/companies/3612.md) (target)

## Sources

- [pdachain.com](https://www.pdachain.com/2018/07/18/ipg-announces-agreement-to-acquire-polyair-inter-pack/), 2018-07-18: "IPG today announced it has entered into a definitive agreement to acquire 100% of the outstanding equity value in Polyair Inter Pack Inc."
- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/18/1538834/0/en/intertape-polymer-group-announces-agreement-to-acquire-polyair-inter-pack.html), 2018-07-18: "IPG today announced it has entered into a definitive agreement to acquire 100% of the outstanding equity value in Polyair Inter Pack Inc."
- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-ipg-mondi-transcendia-ivl-sealed-air-corporation/), 2018-08-09: "Intertape Polymer Group (IPG) has acquired Polyair Inter Pack for $146m."

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