833-772-3539

Buffalo Grove, IL, Feb 1st, 2019 – PPC Flexible Packaging, LLC, a leading provider of custom flexible
packaging for specialty food, healthcare, and horticultural markets, today announced the acquisition of
Pewaukee, Wisconsin – based HFM Packaging LTD.

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, bakery and horticulture. The firm operates five manufacturing facilities in Buffalo Grove, IL, Mission, KS, Rome, GA,
Payson, UT, and Colombia, South America. 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.

HFM Packaging, Ltd., headquartered in Pewaukee, Wisconsin, has more than 40 years of experience
producing packaging solutions for cosmetics, personal care, pharma, food and industrial applications.
It is a market leader in the use of labels as peel and reseal closures for personal care markets as well
as a converter of pouches. They are known for their high-speed die-cut labeling capabilities,
state-of-the-art re-sealable pouching technology, and engineering assistance using turn key packaging
solutions.

Kevin Keneally, CEO of PPC Flexible said, “We are excited to add the exceptional team at HFM to the
PPC family. It’s our goal to leverage HFM’s state-of-the-art reclosable and pouch technologies in both
consumer and healthcare markets to an even higher level of growth through new and existing customers across all of PPC’s businesses.”

Paul Martinez, CEO of HFM Packaging said, “I am very proud of the growth that HFM has witnessed
over the past 40 years. We are excited to share technologies with PPC and are pleased to have found a
partner with the ability to increase our progress.”

ABOUT PPC FLEXIBLE PACKAGING, LLC
Based in Buffalo Grove, Illinois, PPC Flexible Packaging is a leading provider in converted flexible
packaging for the healthcare, medical, organic snack, pet food, bakery, horticulture, 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.