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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.
Canada's Transcontinental made a $1.32 billion offer to purchase Coveris Americas, which operates 21 facilities producing labels and shrink films, to become a major North American packaging company.
Montréal-based Transcontinental acquired the Americas flexible-packaging business of Coveris Holdings, a Chicago-based plastics products manufacturer owned by Sun Capital, for $1.72 billion.
Transcontinental Inc. has acquired Multifilm Packaging Corporation, a flexible packaging maker in Elgin, Illinois, near Chicago, employing over 70 people and serving high-end confectionery markets.
