Les Industries Flexipak offers a wide range of flexible packaging serving consumer goods companies, food processors and retailers across several markets including frozen fruits and vegetables, seafood, snacks, grains, nuts and beverage (shrink films). It is the first flexible packaging converter in Québec to be awarded BRC Packaging certification, a standard recognized by the Global Food Safety Initiative (GFSI), with an AA grade.
“I am excited to announce this fifth flexible packaging acquisition in North America – our first in the province of Québec – which marks yet another step in the development of our North American network,” says François Olivier, president/CEO of TC Transcontinental. “This transaction extends our footprint to Eastern Canada by adding a Montréal-based facility equipped with a state-of-the-art platform, and gives us the opportunity to further develop our existing business relationships with retailers in the country. Driven by its belief in outstanding customer service and innovation, Flexipak has a strong family business culture that will naturally blend with ours. We are truly delighted to welcome Flexipak’s employees to the TC Transcontinental family and look forward to growing our flexible packaging business with them.”
As part of the transaction, all managers and employees of Les Industries Flexipak will be retained, including Karl Boustany, vp-gm.
In 2014, TC Transcontinental made its first strategic acquisition in the flexible packaging industry with Capri Packaging, located in Missouri. In 2015, it doubled its revenues in this area by acquiring Ultra Flex Packaging Corp. in New York. TC Transcontinental made two other acquisitions in 2016: Robbie Manufacturing in Kansas and Flexstar Packaging, Inc., in British Columbia – its first flexible-packaging converting acquisition in Canada.