Company plans to offer more printing and converting options.
In a move that generates greater production capacity and the ability to offer a broader array of packaging options, C-P Flexible Packaging (cpflexpack.com) has acquired MRI Flexible Packaging. “This is a strategic step forward for us,” said Tony Vaudo, C-P’s President/CEO. “We’re always looking for ways to offer our customers a higher level of value, service and innovation. MRI is a good fit. We share the same customer-centric culture with a focus on national brands and private label. Beyond the overall increase in capacity, acquiring MRI gives us the redundancy in facilities and the ability to offer additional products lines to our customers.
“When we invested in C-P, we knew we wanted to achieve big things in flexible packaging – and acquiring MRI is the first step,” says Emilio S. Pedroni, managing director at First Atlantic Capital, C-P’s controlling shareholder. “It substantially increases the range and potential we bring to market.” We’re particularly excited about the new technology in C-FiT™ – which is a no-heat shrink sleeve designed for single-serve size bottles.”