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PolyExpert and Polykar Industries completed a merger of equals to form Invera Flexibles, a North American flexible packaging maker with over $200 million in combined sales and 350 employees. The company is majority-backed by Kent Road Capital.
Polykar announced a $20 million expansion of its Edmonton, Alberta facility adding 50,000 square feet and 25 permanent jobs. Output is expected to reach 40 million pounds annually by fall 2026. Announced 9 October 2025.
