Signature Action Packaging, backed by H.I.G. Capital, has acquired Chromatic Productions Inc. and appointed John Attayek as CEO. SAP specializes in printing, conversion and supply of rollstock, pouches, and bags used for flexible food and consumer packaging applications.
Headquartered in Irvine, Calif., Chromatic provides flexible packaging, shrink sleeves and labels to manufacturers in beverage, nutraceutical, cosmetic and food end markets.
“Chromatic represents a natural expansion of SAP’s capabilities on the West Coast,” said Howard Applebaum, chairman of SAP. Owner and CEO Peter Pitchess “and the Chromatic team have built an impressive business over the past fifteen years. SAP is thrilled to share this significant next step in our growth plan together with them.”
Ryan Kaplan, managing director at H.I.G. Capital, said of Attayek, “John is a proven leader and we are extremely excited to have him join the SAP team. SAP and Chromatic management are comprised of seasoned executives with deep talent and breadth of experience within the flexible packaging industry who are committed to accelerating growth and delivering outstanding value and service to customers.”