November 6, 2019 By P&PC Staff
Gelpac, a Canadian paper and polyethelene packaging solutions supplier, has acquired WBC Extrusion Products, an American specialty manufacturer of single-use blown polymer films for the food, industrial, automotive, medical and commercial packaging industries.
The WBC plant is located in Haverhill, Massachusetts.
Gelpac’s other poly plants are located in Farnham, Quebec, and Brampton, Ontario. The company has supplied paper bags, multi-wall paper bags, and various polyethylene packaging products to the North American food, chemical and construction industries for over 60 years.
“With this acquisition, we will strengthen our competitive position in North America,” says Alain Robillard, CEO of Gelpac. “WBC owners and managers diligently worked at securing an orderly transfer of ownership of the company founded in 1979, in order to ensure the continuity of operations.”
For this acquisition, Gelpac received financing support from CDPQ, le Fonds Manufacturier Québécois and Namakor.
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