January 14, 2026 13:57
Following the acquisition of Husky Technologies — a Canadian manufacturer of injection molding machines, molds, and hot runner systems (see article) — US-based CompoSecure has rebranded its corporate entity as GPGI, short for Great Positions in Good Industries.
Now operating as a financial holding company, GPGI encompasses CompoSecure’s existing activities in the production of metal, plastic and composite payment cards, alongside Husky’s injection molding operations. Both businesses will retain their respective brand identities and operate as two independent reporting segments within the GPGI group.
On a pro forma basis, the combined group generates annual revenue of USD 7.4 billion, with EBITDA of approximately USD 635 million.
The transaction was financed through a USD 2 billion private placement subscribed by leading investors, a USD 1 billion equity rollover by Platinum Equity — Husky’s former shareholder — and just under USD 2 billion in debt.
The David Cote family will retain its full USD 1 billion equity stake in the GPGI holding company.
© Polimerica - Reproduction prohibited, all rights reserved
Siropack has granted Goodpack exclusive rights for the Romanian market to its Respect packaging technology, which combines tamper-evident sealing with mono-material rPET.