Winpak Ltd.
TSX:WPK
C$ 45.20
+ C$0.14 (0.31%)
C$ 45.20
+ C$0.14 (0.31%)
End-of-day quote: 05/17/2024

About Winpak

Winpak Ltd. manufactures and distributes packaging materials and related packaging machines. The company’s products are used primarily for the packaging of perishable foods, beverages and in healthcare applications. The company operates principally in Canada and the United States. Winpak share price history

The company provides three distinct types of packaging technologies, including rigid packaging and flexible lidding, flexible packaging and packaging machinery.

The rigid packaging and flexible lidding segment includes the rigid containers, lidding and specialized printed packaging product groups. Rigid containers include portion control and single-serve containers, as well as plastic sheet, custom and retort trays, which are used for applications, such as food, pet food, beverage, dairy, industrial and healthcare. Lidding products are available in die-cut, daisy chain and rollstock formats and are used for applications, such as food, dairy, beverage, industrial and healthcare. Specialized printed packaging provides packaging solutions to the pharmaceutical, healthcare, nutraceutical, cosmetic and personal care markets.

The flexible packaging segment includes the modified atmosphere packaging, specialty films and biaxially oriented nylon product groups. Modified atmosphere packaging extends the shelf life of perishable foods, while at the same time maintains or improves the quality of the product. The packaging is used for a range of markets and applications, including fresh and processed meats, poultry, cheese, medical device packaging, high performance pouch applications and high-barrier films for converting applications. Specialty films include a full line of barrier and non-barrier films which are ideal for converting applications such as printing, laminating and bag making, including shrink bags. Biaxially oriented nylon film is stretched by length and width to add stability for further conversion using printing, metalizing or laminating processes and is ideal for food packaging applications, such as cheese, fluid and viscous liquids, and industrial applications such as book covers and balloons.

Packaging machinery includes a full line of horizontal fill/seal machines for preformed containers and vertical form/fill/seal pouch machines for pumpable liquid and semi-liquid products and certain dry products.

Acquisitions Winpak share price history

In 2019, the company acquired all of the business of privately owned Cheringal Associates, Inc. and Norwood Printing, Inc. collectively located in Norwood, New Jersey. Control Group delivers specialized printed packaging solutions to the pharmaceutical, healthcare, nutraceutical, cosmetic and personal care markets. The acquired entity operates as Winpak Control Group Inc.

History

Winpak Ltd. was incorporated in 1975.

Country
Founded:
1975
IPO Date:
08/28/1986
ISIN Number:
I_CA97535P1045

Contact Details

Address:
100 Saulteaux Crescent, Winnipeg, Manitoba, R3J 3T3, Canada
Phone Number
204-889-1015

Key Executives

CEO:
Muggli, Olivier
CFO
Taylor, Scott
COO:
Data Unavailable