Kirkland Represents ProAmpac on its Acquisition of TC Transcontinental Packaging from TC Transcontinental

Kirkland & Ellis advised ProAmpac, a global innovator in flexible packaging and material science, on its definitive agreement to acquire TC Transcontinental Packaging from TC Transcontinental (TSX: TCL.A TCL.B) for 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 transaction is expected to close in the first quarter of calendar 2026, subject to shareholder approval, regulatory approvals and other customary conditions.

Read ProAmpac’s press release here

The Kirkland team included 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.