Gravis, a North America-based provider of bulk transportation packaging services and a portfolio company of New Water Capital, has acquired Procon Pacific in a strategic add-on transaction.
The deal enhances Gravis’s capabilities and scale within the bulk packaging market. Procon Pacific provides complementary packaging expertise and customer relationships that strengthen Gravis’s existing offerings across flexible intermediate bulk containers (FIBCs), bulk liners, pallets and other engineered packaging materials. The company serves a range of sectors including food, agriculture, chemicals, pharmaceuticals and industrial goods, aligning closely with Gravis’s core end markets and expanding its reach and service capabilities.
Mesirow acted as financial advisor to Gravis on the transaction.