Packaging
US: TPC acquires Tray-Pak 05 Oct 2009
TPC Partners, LLC, an affiliate of Archbrook Capital Management, LLC announced it had acquired a majority interest in Tray-Pak Corporation, one of the leading manufacturers of custom thermoformed plastic packaging products in the US.
Tray-Pak serves a national customer base and employs 275 people. The acquisition marks the first major ownership transition of the company since David M. Bestwick founded it in 1975.
As a majority shareholder of Tray-Pak, TPC Partners plans to work closely with management to position the Company for continued strong growth in the ever-evolving thermoforming market.
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