McMillan advises ProAmpac on its Acquisition of Gelpac Inc.

On April 9, 2024, ProAmpac completed its previously annoucned acquisition of Gelpac Inc., including Gelpac Inc.’s Canadian subsidiaries, Gelpac Poly Inc., Gelpac Bags Inc. (French name Gelpac Sacs Inc.) and Meca-Services Inc. (collectively, “Gelpac”).

The acquisition will allow the two organizations to combine their efforts to allow better service of customers in high-growth food and beverage, agriculture, industrial and pharmaceutical end-markets across Canada and the United States.

ProAmpac, a jointly owned company by Prtizker Private Capital, is a leading global flexible packaging manufacturer and in material science.

Gelpac, with manufacturing facilities in Quebec and Ontario, is a premier producer of multiwall paper and poly-woven packaging products.

Working with lead counsel, Kirkland & Ellis LLP, McMillan acted as Canadian counsel to ProAmpac. Brett Stewart led the national and multi-disciplinary team for this cross-border transaction, which included Enda Wong, David Zhang, Alexandre Brocherieux (Corporate Law and Private Equity); William Wu (Competition, Antitrust & Foreign Investment); Shari Munk-Manel, Miguel Therrien (Employment & Labour Relations), Marie-Lou Beaumont, David Dudkiewicz, Sasha Samardzija (Commercial Real Estate); Andrew Stirling (Tax); Martin Thiboutot, Talia Gordner (Environment); Yue Fei and Peter Giddens (Intellectual Property).

As a national business law firm with exceptional capabilities to lead businesses through cross-border transactions and investments into Canada and within multifaceted regulatory regimes, McMillan provides real-time business solutions to our clients. Our legal teams are skilled at structuring and closing complex deals of all shapes and sizes in Canada, the U.S. and internationally and in providing innovative transactional advice and solutions. Our understanding of business imperatives and our relationships with the regulators helps our clients stay ahead.