First Atlantic Capital Ltd., a New York-based middle-market private equity firm has acquired major stake in C-P Flexible Packaging.
C-P is making flexible packaging for snack foods, bakery, confection and consumer goods using lamination and flexographic presses.
The New York firm operates two facilities in York with total space of 145,000 sq ft. It was owned by Susquehanna Capital, a family-owned business in York that will retain a significant portion of the business.
Source: Plastcis News