PPC Flexible Packaging Announces Acquisition of Temkin International
Buffalo Grove, IL, November 26, 2018 – PPC Flexible Packaging, LLC, a leading provider of custom flexible packaging for specialty food and healthcare markets, today announced the acquisition of Payson, Utah – based Temkin International.
PPC, headquartered in Buffalo Grove, IL, is a leader in flexographic printing and converting of flexible films, bags and pouches. It is a recognized pioneer in cleanroom packaging for healthcare and medical applications, “better for you” snack organic brands, produce, pet food and bakery. The firm operates three manufacturing facilities in Buffalo Grove, IL, Mission, KS, and Rome, GA. Its facilities are SQF and ISO-9001 certified. Founded in 1968, PPC strives to provide the highest quality products with best-in-class lead times and service.
Kevin Keneally, CEO of PPC Flexible said, “we are thrilled to have the outstanding team at Temkin International join the PPC family. Danny Temkin and Lynn Abplanalp have assembled a world-class manufacturing, pre-press and graphics operation recognized industry wide for its innovation, service and quality. Having a west coast and South American presence expands our geographic footprint and provides us deeper capabilities in stand up pouch, plate making and flexographic printing.”
Temkin International, founded in 1980 and headquartered in Payson, UT has provided customers with superior packaging products by focusing on the core principles of service, value and distinction. It is a recognized provider of rollstock, stand-up pouches and floral sleeves and operates state-of-the-art manufacturing facilities in Payson, UT and Bogota, Colombia with offices in Miami, FL and Toronto, Canada. Offering in-house graphics and plate making capability, the company is known for speed to market in key target segments including food, fresh produce, floral and stationary and craft. The company is AIB certified.
Danny Temkin, founder of Temkin International said, “Since starting the business in 1980, we at Temkin have been at the forefront of providing our customers with the highest quality packaging through best in class printing and use of innovative converting technology. I’m tremendously proud of our company, whose over 500 employees across three countries serve our clients in a first-class way. Temkin is excited to partner with PPC. Together, PPC and Temkin will continue to deliver high quality products and service to our clients.”
Eric Kanter, Managing Director of Morgan Stanley Capital Partners said, “We believe Temkin is an excellent complement to PPC, enhancing the product offering to the market while embodying the same service-focus culture as PPC. We congratulate Mr. Temkin on his tremendous success, and we’re thrilled to partner with Lynn Abplanalp and the rest of the Temkin employees.”
The combined company will operate under the name PPC Flexible Packaging and its go to market strategy for the produce and floral segments will continue to operate under the highly respected Temkin brand.
About PPC Flexible Packaging, LLC:
Based in Buffalo Grove, Illinois, PPC Flexible Packaging is a leading provider converted flexible packaging for the healthcare, medical, organic snack, pet food, bakery and produce markets. The company excels in the design and manufacture of value-added printed, laminated and stand up pouch packaging for the most demanding applications. Recognized for its focus on exceptional speed to market, it excels in delivering service, quality and technology to its valued customer base. The company is privately owned by management and Morgan Stanley Capital Partners. Please visit www.ppcflex.com.
About Morgan Stanley Capital Partners:
Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over two decades. Morgan Stanley Capital Partners focuses on privately negotiated equity and equity-related investments primarily in North America, and seeks to create value in portfolio companies primarily through operational improvement. For further information about Morgan Stanley Capital Partners, please visit www.morganstanley.com/im.
Popcorn Charlie’s, a manufacturer and distributor of popped popcorn, has released Caramel Corn with Peanuts, with an old-school look and bright colors. It is the first product in the Popcorn Charlie’s family of flavors to contain nuts.
The design was created by NVus Designs and the printing was done by PPC Flexible Packaging (ppcflex.com).
“So many children have allergies to various types of nuts; because of this we have maintained a product line that did not contain nuts. This is our first product to contain nuts. Nuts in snack foods are very popular, so we are excited to announce our new Caramel Corn with Peanuts. It is made and packaged in a separate facility, so all of our other products will maintain their nut-free status. This new product is also kosher-certified,” said Michael Bloch, founder and owner of the company.
Popcorn Charlie’s Caramel Corn with Peanuts is packaged in 5.5-oz. bags.
BUFFALO GROVE, Illinois, July 11, 2018 – Today PPC Flexible Packaging announced it has completed the first phase of a greater than $2 million facilities and equipment investment aimed at expanding and further upgrading production capacities for its Precision CleanTM cleanroom packaging business. The company purchased its Buffalo Grove based business as Fisher Container Corporation in February 2017.
The comprehensive plan includes enlarging production infrastructure for its ISO certified Class 4 and 7 cleanrooms, adding several new pouch making machines, upgrading testing equipment, and installation of a new ERP system. In addition to the physical upgrades, the company has added key roles to its team including production and quality associates and additional product development engineering resources.
“We’re excited to announce this expansion which will allow us to meet growing demand with a wider selection of products,” said Brian Ivey, VP Sales, Precision Clean Packaging. “These new capabilities will increase our capacity and product offering to PPC’s valued customers and position us well for the underlying growth we are experiencing in our healthcare and critical environment packaging markets.”
The second phase of this project will include the installation of a new state of the art pouch machine in the third quarter of 2018.
About PPC Flexible Packaging:
Based in Buffalo Grove, Illinois, PPC Flexible Packaging is a leading provider of cleanroom and consumer packaging for the healthcare, snack, organic, “better-for-you,” and produce markets. The company excels in the design of value-added printed, laminated and stand up pouch packaging for the most demanding applications. With an in-house graphics department, the company is focused on exceptional speed to market and excels in delivering service, quality, and technology to its valued customer base. The company is privately owned by management and Morgan Stanley Capital Partners.
For more information, contact:
Director of Sales
The redesigned website offers visitors insight into the company’s new visual identity and market focus
—–Busisnees Wire Press Release ———
April 20, 2018 02:37 PM Eastern Daylight Time
BUFFALO GROVE, Ill.–(BUSINESS WIRE)–PPC Flexible Packaging, a leading provider of custom flexible packaging for food and healthcare industries, today announced the launch of its new website. The website redesign is part of the rebranding initiative prompted by the 2017 merger of Fisher Container, LLC (Fisher) and Packaging Products Corporation, LLC (PPC) into the new entity PPC Flexible Packaging.
“The merger of Fisher and PPC created a perfect opportunity to channel our rebranding into defining our focus, while also showcasing our unique capabilities and exceptional service, quality, and speed to market”
The fully-redesigned website offers immediate access to essential product and company information through a highly-approachable user interface. The website functionality and streamlined design communicate the company’s new visual identity while highlighting a market focus on consumer flexible packaging and cleanroom packaging.
“The merger of Fisher and PPC created a perfect opportunity to channel our rebranding into defining our focus, while also showcasing our unique capabilities and exceptional service, quality, and speed to market,” said PPC Flexible Packaging CEO Kevin Keneally. “Our goal has always been to create a better packaging experience for our customers and our new website helps accomplish this goal.”
The website redesign is the latest development in PPC Flexible Packaging’s push to extend its new visual identity across all internal and external operations. The company plans to update the website regularly as rebranding efforts progress. PPC Flexible Packaging encourages visitors to explore the new website and contact the company directly by visiting www.ppcflex.com.
Just about a year ago, Morgan Stanley Capital Partners was part of a group that purchased PPC Flexible Packaging
Then about six months later, the company added Packaging Products Corp. to the stable.
Now the two units are unifying under a single banner — PPC Flexible Packaging LLC — as the company looks for growth.
“We needed to rebrand the company into one entity. This is the perfect opportunity to do that with a story we can now take to the marketplace,” CEO Kevin Keneally said in a Feb. 26 interview.
“It’s rebranding under one refreshed brand. We’ll get our story out in front of our key customers and our developmental customers. It gives us an opportunity to tell what our capabilities are,” he said.
Morgan Stanley Capital Partners teamed up with Keneally and members of management early last year to purchase Fisher Container, which prints and converts pouches, bags and films in Buffalo Grove. The subsequent acquisition of Packaging Products added locations in Mission, Kan., and Rome, Ga.
Putting the words “flexible packaging” in the name is an important move, the CEO said.
“The name change is more representative of what we do. We’re a flexible packaging company. The prior names of the two firms really didn’t represent what we do. We’re a converter of printed, flexible packaging. So PPC Flexible Packaging just describes who we are and what we do,” Keneally said.
And armed with a new name, the company hopes to do more of what they already do in the months and years ahead.
“Now with our new platform identified underneath the name PPC Flexible Packaging, we’ll take the brand to market to talk to other companies about acquisitions. And as the acquisitions come, we’ll want to brand them under the new name,” he said.
“We’re taking a very aggressive position on acquisitions. And we do expect to add acquisitions this year. That will either be in the pouch making or other converted flexible rolled goods product areas,” Keneally said.
Organic growth — expansion by existing operations — also is part of the company’s strategy. “We see our markets as growing certainly better than GDP,” he said.
Re-branding the operations as PPC Flexible Packaging also allows the operations to highlight their two primary market segments: consumer packaging and precision clean packaging.
Consumer packaging includes the human and pet food markets, while the clean packaging division includes “health care, clean room, critical environment and microelectronic” applications, the company said.