Altor Solutions Acquires Lifoam Industries from Jadex for $137M

October 2, 2024

Altor Solutions, a Compass Diversified (CODI)-backed cold-chain and protective packaging business, has acquired Lifoam Industries from Jadex Inc. for an enterprise value of $137 million in cash (excluding working capital and certain adjustments). The deal expands Altor's cold-chain packaging capabilities and geographic footprint with Lifoam's seven U.S. manufacturing sites and specialized thermal testing and engineering capabilities.

Buyers
Altor Solutions, Compass Diversified
Targets
Lifoam Industries
Sellers
Jadex Inc.
Platforms
Altor Solutions
Industry
Manufacturing
Location
South Carolina, United States
Transaction Type
Addon

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