Pregis Acquires MP Global Packaging Cold Chain and Thermal Packaging Business
Acquisition expands the Pregis fiber-based packaging portfolio into temperature-sensitive shipping and strengthens its cold chain platform
Pregis®, a global supplier of protective packaging, mailing and bagging solutions and flexible packaging, has acquired MP Global Packaging, a division of MP Global Products. The acquisition complements the Pregis fiber-based packaging portfolio and supports continued investment in sustainable material innovation and temperature-sensitive shipping solutions.
The acquired business operates two manufacturing facilities, in New Albany, Ind., and Norfolk, Neb., and employs approximately 110 people. It produces paper-based thermal packaging used to protect temperature-sensitive shipments, enabling curbside recycling where collection systems exist. Pregis will continue to serve existing customers of the business while investing in scaling the technology.
Strengthening a Fiber-Based Cold Chain Platform
