09 Dec 2025

Kirkland & Ellis Advises ProAmpac on Acquisition of TC Transcontinental Packaging from TC Transcontinental

"Kirkland & Ellis advised ProAmpac on its definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental for US$1.51 billion (approx. CAD$2.1 billion), subject to customary adjustments. The transaction is expected to close in Q1 2026, subject to shareholder and regulatory approvals and other customary conditions."

Kirkland & Ellis advised ProAmpac on its definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental. The transaction provides for an acquisition price of US$1.51 billion (approximately CAD$2.1 billion), subject to customary adjustments for debt and debt-like items, cash and net working capital. The deal is expected to close in the first quarter of calendar 2026, subject to shareholder approval, regulatory approvals and other customary conditions. Kirkland & Ellis represented ProAmpac with a team composed by: corporate lawyers Adam Wexner, Kevin Stocks and Alexander Romano; debt finance lawyers Michelle Kilkenney and Carolyn Aiken; capital markets lawyer Alborz Tolou; and tax lawyers Rachel Cantor and Rebecca Fine.
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