PRESS RELEASE
15 September 2026

PPC Flex, A GTCR Portfolio Company, Acquired Koen Pack

GTCR's portfolio company PPC Flex has acquired Koen Pack, a Netherlands-based supplier of floral packaging solutions with operations across Europe and the Americas.
Netherlands

We advised PPC Flex, a GTCR portfolio company, on the acquisition of Koen Pack.

Koen Pack is a Netherlands-based well-established supplier of floral packaging solutions, serving customers across a broad range of end markets in Europe and the Americas. The company provides creative packaging and decorative solutions for the flower and plant industry, with a presence across Europe, the United States, Canada, Colombia and Ecuador.

PPC Flex is a provider of flexible packaging solutions serving a range of end markets, including horticulture. The acquisition strengthens PPC Flex's position in the floral packaging sector and represents a strategic add-on investment within GTCR's portfolio.

The transaction brings together two businesses with more than 30 years of experience in the floral packaging industry, combining a shared focus on design, innovation and customer service while further strengthening PPC Flex's footprint in the sector.

Our multidisciplinary team of lawyers, civil-law notaries and tax advisers acted as legal and tax counsel to GTCR in relation to all aspects of the transaction, including due diligence, transaction documentation and structuring.

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