M&A

Field Packaging buys 1948-founded Buckeye to add extrusion, printing

What's the deal? Field Packaging Solutions (FPS) has acquired Buckeye Packaging Co., a vertically integrated flexible packaging manufacturer in Alliance, Ohio. The transaction closed on November 2, 2026. Terms were not disclosed.

What each company does: Buckeye, founded in 1948, extrudes polyethylene and specialty films, prints up to eight colors, and converts film into bags — all under one roof. Its team of more than 60 employees serves customers across more than 20 industries, including food, medical, and automotive.

What's the endgame? Buckeye joins FPS alongside Primary Packaging, Bag Supply Company, and Momar Industries. The deal adds in-house extrusion, printing, and bag converting, giving the group more capacity and a broader customer base.

Why it matters: "Buckeye is exactly the kind of business we look for: a long history, a skilled and experienced team, and capabilities our customers ask for," said Jeff Thrams, president of FPS. He said combining Buckeye's operations with the group's existing lines creates "a broader set of solutions and more room to grow with our customers."

What changes for customers? Little, for now. Buckeye will keep operating under its own name from Alliance, with the same ordering, shipping, and support. FPS leadership will take a more active role in day-to-day operations and growth plans.

The signal: The deal fits a busy stretch of packaging M&A. Packaging Dive reported a crowded North American October that included Intertape Polymer GroupDealroom has a profile for this one. Try Dealroom →'s purchase of ClysarDealroom has a profile for this one. Try Dealroom →, while Ohio-based Adherex acquired Polymer Packaging in September. Like those, this is a small, capability-building acquisition — part of a wider consolidation drive rather than a sector-defining move.

Read more: AP News

Image credit: Generated with Gemini

More top stories