Packaging Solutions Holdings has acquired Excel Pac, enhancing its position as a leading supplier in the flexible packaging market for the food, dairy, and medical sectors.

Target Information

Packaging Solutions Holdings, led by Chairman and CEO Harold Bevis, has successfully acquired Excel Pac, a prominent flexible packaging manufacturer based in Montreal, Canada. This acquisition allows the company to expand its capabilities within the food, dairy, and pet food markets. Excel Pac boasts a strong reputation for producing high-quality flexible packaging solutions, catering to a diverse range of applications including cheese, yogurt, frozen pizza, and pet food. With the integration of Excel Pac's team, assets, and expertise, Packaging Solutions Holdings is poised to enhance its service offerings significantly.

Excel Pac has built a solid foundation as an award-winning flexible packaging manufacturer, known for its exceptional customer responsiveness, rapid turnaround times, and reliable on-time delivery. The company specializes in solventless adhesive laminating and complex, high-end graphics, ensuring compliance with AIB standards and maintaining a peanut-free environment in its facilities. Excel Pac’s R&D team is particularly noteworthy, featuring over 20 dedicated researchers focused on innovative packaging solutions.

Industry Overview

Within Canada, the flexible packaging market has been experiencing a robust growth trajectory, driven by increasing demand from various sectors, including food and beverages, pharmaceuticals, and personal care. This segment has evol