Green Bay Packaging Acquires SMC Packaging Group

TricorBraun Acquires SGB Packaging Group

July 22, 2021

Packaging

TricorBraun, a global packaging distributor based in St. Louis, has acquired New Jersey-based SGB Packaging Group, a full-service sales representative and supplier for cosmetics, skin care, fragrance and personal care packaging. The acquisition expands TricorBraun's supplier network and strengthens its presence in prestige and masstige personal care end markets; SGB will continue operating out of Hackensack, New Jersey with its management team in place.

B2B Industrial Packaging (GenNx360) Acquires Springfield Corrugated Box

July 18, 2022

Packaging

GenNx360 Capital Partners’ portfolio company, B2B Industrial Packaging, acquired Springfield Corrugated Box of Agawam, Massachusetts. The deal is an add-on to B2B’s platform to expand East Coast capacity, distribution and product selection for its national packaging network.

Specialized Packaging Group Acquires Specialized Packaging Solutions

July 14, 2021

Packaging

Specialized Packaging Group (SPG), a portfolio company of Altamont Capital Partners, has acquired Bay Area-based Specialized Packaging Solutions (SPS). The deal expands SPG’s Engineered Packaging capabilities, adds roughly 100 employees (who will continue to operate in Newark, California), and coincides with SPS founder and CEO Terry Besso’s retirement.

PPC Flex Acquires SÜDPACK's US Operations

January 12, 2026

Packaging

PPC Flex, a GTCR‑sponsored North American flexible packaging platform, has acquired the United States operations of SÜDPACK, including a manufacturing facility in Oak Creek, Wisconsin. The deal expands PPC Flex’s flexographic printing, conversion and cold‑seal capabilities and increases capacity to serve meat & cheese, snack, confectionary and healthcare packaged‑goods customers.

Altamont Capital Partners Acquires Specialized Packaging Group

January 6, 2021

Packaging

Altamont Capital Partners has acquired Specialized Packaging Group, Inc. (SPG) from founder Paul Gaulin. SPG is a vertically integrated manufacturer of protective and engineered packaging (operating the IVEX and Engineered Packaging divisions) with facilities across the U.S., Canada and Mexico; Gaulin is retiring as CEO but will remain on the board as a minority investor and Altamont plans to pursue growth, footprint expansion and potential add-on acquisitions. Terms were not disclosed; financing was provided by Monroe Capital and Churchill Asset Management.

Specialized Packaging Group Acquires Clark Foam

May 21, 2024

Packaging

Specialized Packaging Group (SPG), a portfolio company of Altamont Capital Partners, has acquired Clark Foam Corporation, a Bolingbrook, Illinois-based custom foam and protective packaging manufacturer. The add-on expands SPG's engineered packaging capabilities and Midwest footprint, adds approximately 50 employees, and sees Clark Foam owner Jim Clark retire from day-to-day operations while remaining on as an advisor for a transition period.