StePac PPC

Modified Humidity Packaging for Produce

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

Snapshot

Founded in January 1992, StePac PPC operates with 11–50 employees. The company specializes in modified atmosphere/modified humidity (MA/MH) packaging solutions. StePac PPC was acquired by PPC Flexible Packaging in February 2023.

Business overview

StePac PPC develops and manufactures high-quality, precision-engineered modified atmosphere/modified humidity (MA/MH) packaging for fresh produce. Their core technology involves polymers engineered to equilibrate O2 and CO2 concentrations, extending shelf life while maintaining freshness, flavor, and nutritional value. The company's Xtend MA/MH packaging slows senescence, reduces decay, and preserves produce quality. StePac PPC also produces CARERITE sterilization packaging for medical, dental, and veterinary clinics, serving the agriculture and food technologies sector.

Strategic signal

In February 2023, StePac PPC was acquired by PPC Flexible Packaging, indicating a strategic consolidation within the packaging industry. This acquisition suggests a move towards integrating advanced modified atmosphere packaging solutions into a broader flexible packaging portfolio, potentially expanding StePac PPC's market reach and operational capabilities under new ownership.

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Company Intelligence Q&A

What was a significant corporate development for StePac PPC?
In February 2023, StePac PPC was acquired by PPC Flexible Packaging, marking a significant change in ownership and strategic direction 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, enhancing its sustainable packaging offerings.
What was the strategic focus of StePac PPC's announcement in October 2019?
In October 2019, StePac PPC launched a sustainable packaging strategy, emphasizing its commitment to environmentally friendly solutions within the industry.
What was the outcome of the acquisition by Nili Capital?
In April 2020, StePac PPC was acquired by Nili Capital, which was described as opening new prospects for growth for the company.
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