Prolamina, a North America-based provider of packaging and services to the food, medical and consumer markets, has entered into an definitive agreement to acquire Packaging Dynamics certain assets and converting business located in Kaukauna, Wisconsin.
The acquisition covers Packaging Dynamics’ extrusion laminating, 10-color printing and converting business.
Prolamina said all acquired Packaging Dynamics equipment will be relocated into its new plant in Neenah, Wisconsin.
Prolamina founder, chairman and CEO Harold Bevis said Packaging Dynamics, through its Thilmany Papers business unit, is an expert at paper-making and they are entering into a supply agreement for quality papers.
"We are also upgrading the acquired machines and then reinstalling them alongside our new machines, as a result of these changes, we will now have a footprint in the Midwest for high-end flexible packaging production," Bevis said.
Prolamina COO Tim French said it will now have a manufacturing footprint that includes three plants, 12 laminators, 13 printing presses, two graphics design centers, in-house metallization, and converting equipment that includes laser scoring/perforating and pre-formed pouch making.