# Gelpac acquires Standard Multiwall Bag Mfg. Co.

Gelpac, a Canadian packaging manufacturer, announced the acquisition of Standard Multiwall Bag Mfg. Co., a maker of industrial and food-grade multiwall bags with plants in Beaverton, Oregon and Lubbock, Texas. The deal was financed by CDPQ, W Investments and a bank syndicate led by National Bank of Canada.

- Type: Acquisition
- Announced: 2023-05-17
- Where: Beaverton, Oregon and Lubbock, Texas, United States
- Status: completed
- Products: multiwall bags, woven poly laminated bags
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [GELPAC](https://endata.com/companies/5750.md) (acquirer)
- [Standard Multiwall Bag Mfg. Co.](https://endata.com/companies/10586.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/gelpac-announces-the-strategic-acquisition-of-standard-multiwall-bag-mfg-co-301827605.html), 2023-05-17: "GELPAC announces the strategic acquisition of STANDARD BAG"

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