Dechert has advised C-P Flexible Packaging on the deal.
C-P Flexible Packaging, a leader in the flexible packaging industry, executed its acquisitions of Fruth Custom Packaging, Inc. and Cleanroom Film and Bag, Inc. Both of the acquired companies specialize in manufacturing flexible rollstock and pre-made pouches used in cleanroom environments. C-P is a longstanding portfolio company of First Atlantic Capital, a New York based private equity firm. The transaction was announced on August 23 and terms of the transaction were not disclosed.
Founded in 1958, C-P Flexible Packaging is one of the top custom flexible packaging suppliers in the U.S. and supports the growth efforts of some of the world’s leading consumer packaged goods companies. Headquartered in York, PA.. C-P operates nine manufacturing plants across North America and employs over 800 people. The company brings together a full portfolio of flexible packaging formats spanning HD printed rollstock, premade pouches, shrink sleeves, stretch sleeves, poly bags, roll-fed labels, reclose, cold-seal flow wrap, compostable and recyclable flexible packaging.
The Dechert team included corporate partner Markus Bolsinger (Picture), associates Ranjini Ramesh and Nicole Godani, and law clerk Cecilia Vaino; environmental counsel John Ix; labor counsel Ian Downes; global finance partner Sarah Gelb and associate Leila Malek; real estate counsel Francois Quintard-Morenas; tax partner Edward Lemanowicz and associate Elizabeth Guidi; privacy & cybersecurity partner Timothy Blank, and associates Colleen Hespeler and Hilary Bonaccorsi; employee benefits partner Howard Klein and associate Michael Binko; intellectual property partner Thomas Rayski; and international trade law partner Darshak Dholakia.
Involved fees earner: Michael Binko – Dechert; Timothy Blank – Dechert; Markus Bolsinger – Dechert; Hilary Bonaccorsi – Dechert; Darshak Dholakia – Dechert; Ian Downes – Dechert; Sarah Gelb – Dechert; Nicole Godani – Dechert; Elizabeth Guidi – Dechert; Colleen Hespeler – Dechert; John Ix – Dechert; Howard Kleinman – Dechert; Edward Lemanowicz – Dechert; Leila Malek – Dechert; Francois Quintard-Morenas – Dechert; Ranjini Ramesh – Dechert; Thomas Rayski – Dechert;
Law Firms: Dechert;
Clients: C-P Flexible Packaging;