Dechert has advised C-P Flexible Packaging, a leader in the flexible packaging industry, in its acquisitions of Fruth Custom Packaging, Inc. and Cleanroom Film and Bag, Inc. Both of the acquired companies specialize in manufacturing flexible rollstock and pre-made pouches used in cleanroom environments. C-P is a longstanding portfolio company of First Atlantic Capital, a New York based private equity firm. The transaction was announced on August 23 and terms of the transaction were not disclosed.
Founded in 1958, C-P Flexible Packaging is one of the top custom flexible packaging suppliers in the U.S. and supports the growth efforts of some of the world’s leading consumer packaged goods companies. Headquartered in York, PA.. C-P operates nine manufacturing plants across North America and employs over 800 people. The company brings together a full portfolio of flexible packaging formats spanning HD printed rollstock, premade pouches, shrink sleeves, stretch sleeves, poly bags, roll-fed labels, reclose, cold-seal flow wrap, compostable and recyclable flexible packaging.
The Dechert team includes corporate partner Markus Bolsinger, associates Ranjini Ramesh and Nicole Godani, and law clerk Cecilia Vaino; environmental counsel John Ix; labor counsel Ian Downes; global finance partner Sarah Gelb and associate Leila Malek; real estate counsel Francois Quintard-Morenas; tax partner Edward Lemanowicz and associate Elizabeth Guidi; privacy & cybersecurity partner Timothy Blank, and associates Colleen Hespeler and Hilary Bonaccorsi; employee benefits partner Howard Klein and associate Michael Binko; intellectual property partner Thomas Rayski; and international trade law partner Darshak Dholakia.
A list of advisors on the transaction, including Blaige & Company, is provided in C-P Flexible Packaging’s press release.
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Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.
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