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ProAmpac Holdings Inc. is acquiring the packaging business of TC Transcontinental, per a Reuters update published February 25, 2026. The source gives no deal value or closing details.
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.
TC Transcontinental Packaging announced a US$60 million investment in a new biaxially oriented polyethylene film line and a 120,000 sq. ft building expansion at its Spartanburg, South Carolina facility, with completion expected in fiscal 2024. Brückner was selected to supply the equipment.
TC Transcontinental Packaging will install a $60 million biaxially oriented PE (BOPE) film line supplied by Brückner at its Spartanburg, South Carolina plant, which expanded the site by 120,000 square feet, with commissioning planned for spring 2024.
TC Transcontinental Packaging announced a 105,000 sq ft expansion of its Clinton, Missouri facility in the Gerhart Industrial Park, creating 50 new jobs and further expanding food packaging. Construction is underway and completion is expected in late 2023.
ProAmpac signed a definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental for US$1.51 billion, with closing expected in the first quarter of 2026.
