Plastic Packaging Technologies Purchased by Mid Oaks Investments

Published: January 06, 2011

KANSAS CITY, KS | Plastic Packaging Technologies, LLC (PPT), a leading manufacturer of flexible packaging, has been purchased by privately-held Mid Oaks Investments LLC, Buffalo Grove, IL, for an undisclosed amount. PPT’s current management team, led by David Staker, president and CEO and Dan Staker, executive VP, will continue leading the business under Mid Oaks’ ownership.

“PPT prides itself on providing innovative, high quality products using the best technology available. With Mid Oaks as our new owners, we will have additional resources at our disposal to help PPT grow to the next level,” said Staker.

PPT also is known for its printed and laminated substrates, which are then converted into flexible packaging pouches with strong shelf presence. The company says it goes a step further by working with brand owners and private label customers to insure the packages also have the desired functionality.

The company’s manufacturing capabilities include printing, solventless adhesive lamination, high-speed slitting, pouch making, and converting. PPT employs approximately 200 people and operates state-of-the-art equipment in its Kansas City, KS, and Columbus, OH, production facilities totaling 175,000 sq ft of manufacturing space.

PPT was previously owned by Stonehenge Partners, Inc., and Tech Investments, LLC. The company was advised on the sale by Chicago-based investment bank, Blaige & Co.