Group 1 - ProAmpac has made significant acquisitions recently, including International Paper's bag converting operations and PAC Worldwide, enhancing its position in the packaging industry [3][4] - The company aims to grow through both organic and acquisition strategies, focusing on sustainable packaging solutions [4] - ProAmpac is now a $3 billion company, with its revenue evenly split between plastic and paper-based packaging [4] Group 2 - The acquisition of TC Transcontinental Packaging (TCP) for approximately $1.51 billion is expected to enhance ProAmpac's capabilities in various markets, including dairy, meat, medical, and pharmaceutical [7] - TCP generated around $1.2 billion in revenue over the past year and operates 25 production plants across multiple regions [5][7] - The deal is anticipated to close in the first quarter of 2026, pending customary conditions [7]