Packaging
Foodservice packaging leaders announce merger 24 Nov 2009
Privately-held Mid Oaks Investments LLC continues its 20 years of investing in the packaging industry with the acquisition of C&M Fine Pack, Inc.
Mid-Oaks will integrate C&M Fine Pack with its current disposable foodservice products manufacturers, Dispoz-o Products and Wilkinson Industries which will have combined revenues in excess of $300 million.
"C&M Fine Pack is a well respected industry leader with a large selection of stock products like containers, plates, bowls and trays as well as an impressive ability to customize products to meet the unique needs of its customers. In combination with our current business that manufactures disposable containers, cutlery, straws and meal kits, our company has become uniquely capable of serving the marketplace," said Wayne Kocourek, Chairman and Chief Executive Officer, Mid Oaks.
The company will serve the restaurant, grocery, food processor and institutional markets such as schools, health care and commissaries and offer a variety of products made from a variety of materials designed for the intended application, including a broad selection of sustainable materials.
The company offers national distribution with seven locations and almost 2.0 million square feet of manufacturing and distribution space, employs more than 1,500 people and operates over 160 production lines.
"We believe that we have created a unique company in our industry. We are able to serve large and small customers with stock and custom products in a one-stop fashion. I look forward to telling our story and enhancing the long traditions of these companies as reliable and trusted suppliers," said Joseph Lancia, President and Chief Executive Officer, D&W Packaging.
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