StePac PPC

Modified Humidity Packaging for Produce

Agriculture & Food Technologies
Acquired by PPC Flexible Packaging on Feb 2023

Company Overview

Snapshot

Founded in January 1992, StePac PPC operates with 11–50 employees. The company was acquired by PPC Flexible Packaging in February 2023, marking a significant milestone in its corporate trajectory.

Business overview

StePac PPC specializes in the development and manufacturing of high-quality, precision-engineered modified atmosphere/modified humidity (MA/MH) packaging solutions for fresh produce. Its core technology involves polymers engineered to create specific O2 and CO2 concentrations within packaging, extending shelf life, maintaining freshness, flavor, and nutritional value, and reducing decay. The company also produces CARERITE sterilization packaging for medical, dental, and veterinary clinics. StePac PPC serves markets in the agriculture and food technologies sectors, focusing on postharvest solutions, flexible packaging, and materials science.

Strategic signal

In February 2023, StePac PPC was acquired by PPC Flexible Packaging. This acquisition signals a strategic consolidation within the packaging industry, indicating a potential for expanded market reach and integration of StePac PPC's specialized modified atmosphere packaging technologies into a larger portfolio. For investors, this suggests a successful exit and validation of StePac PPC's innovative solutions in fresh produce preservation.

Company Intelligence Q&A

What was a significant recent corporate event for StePac PPC?
StePac PPC was acquired by PPC Flexible Packaging in February 2023, marking a key corporate milestone for the company.
When did StePac PPC launch its lean and fully recyclable top seal solution?
StePac PPC launched its lean and fully recyclable top seal solution in September 2021.
What was StePac PPC's strategic focus in October 2019?
In October 2019, StePac PPC launched a new sustainable packaging strategy, emphasizing environmentally conscious solutions.
What was the focus of StePac PPC's participation at Fruit Logistica in February 2018?
In February 2018, StePac PPC showcased fresh and innovative novel packaging solutions at Fruit Logistica, highlighting advancements in their product offerings.

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