11.03.17
Transcontinental Inc. announced that it has acquired Les Industries Flexipak Inc., a flexible packaging supplier located in Montréal, Québec, employing 55 people. The company is a converter specialized in flexographic printing, lamination as well as bag and pouch making, and has other value-added capabilities.
Les Industries Flexipak Inc. offers a range of flexible packaging products serving consumer goods companies, food processors and retailers across several markets, including frozen fruits and vegetables, seafood, snacks, grains, nuts and beverage (shrink films).
“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,” said François Olivier, president and 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.”
Les Industries Flexipak Inc. was founded in 1998 by Charles Boustany, its president and CEO. As part of the transaction, all managers and employees will be retained, including Karl Boustany, VP and GM.
Les Industries Flexipak Inc. offers a range of flexible packaging products serving consumer goods companies, food processors and retailers across several markets, including frozen fruits and vegetables, seafood, snacks, grains, nuts and beverage (shrink films).
“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,” said François Olivier, president and 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.”
Les Industries Flexipak Inc. was founded in 1998 by Charles Boustany, its president and CEO. As part of the transaction, all managers and employees will be retained, including Karl Boustany, VP and GM.