Private equity firm Olympus Partners (olympuspartners.com), Stamford, CT, has completed the acquisition of Pregis Corporation North America (pregis.com), a protective packaging materials and systems manufacturer, for an undisclosed amount.

Pregis’ current management team, led by Kevin Baudhuin, president and chief executive officer, will continue under Olympus ownership.

In North America, Pregis operates 14 facilities producing a variety of protective packaging products and value-added system solutions. Pregis partners with industrial and packaging distributors, fabricators and specialty suppliers to deliver customer-driven solutions to a wide variety of end use markets.