Kirkland & Ellis advised ProAmpac, a global leader in flexible packaging and material science, on its landmark acquisition of TC Transcontinental Packaging from TC Transcontinental (TSX: TCL.A TCL.B) for US$1.51 billion (approximately CAD$2.1 billion). This deal, subject to customary adjustments for debt and debt-like items, cash, and net working capital, is set to close in the first quarter of 2026, pending shareholder and regulatory approvals. The Kirkland team, comprising corporate lawyers Adam Wexner, Kevin Stocks, and Alexander Romano, debt finance experts Michelle Kilkenney and Carolyn Aiken, capital markets lawyer Alborz Tolou, and tax specialists Rachel Cantor and Rebecca Fine, played a pivotal role in this transaction. The acquisition is expected to solidify ProAmpac's position as a leading innovator in the packaging industry, enhancing its capabilities in flexible packaging and material science. Read ProAmpac's official press release here: https://www.businesswire.com/news/home/20251207620770/en/ProAmpac-to-Acquire-TC-Transcontinental-Packaging-from-TC-Transcontinental
