Pregis Set to Boost Protective Packaging, eCommerce Offerings with FP International Purchase
Pregis LLC has entered into a definitive agreement to purchase Free-Flow Packaging International, Inc. (FP International). The acquisition is expected to be finalized in the coming weeks, subject to customary closing conditions and regulatory review.
“The acquisition of FP International will benefit our combined customer base by providing a robust set of diverse solutions and accelerated product development - most notably to address growing e-commerce shipping requirements. This also significantly strengthens Pregis’ geographic position within new international markets, supporting our global growth strategy,” says Kevin Baudhuin, president and chief executive officer. “Additionally, we look forward to welcoming FP’s exceptional professionals to the Pregis team. Our cultural similarities will fuel future growth.”