Mereo Capital Partners and Hyperion Capital Partners Acquire Algus Packaging
November 28, 2022
Mereo Capital Partners and Hyperion Capital Partners have acquired Algus Packaging LLC, a DeKalb, Illinois-based manufacturer of thermoformed blister and clamshell packaging and blister seal machines. The transaction closed on November 2, 2022, with the buyers partnering with Algus management to invest in future growth and expand the company's packaging and manufacturing capabilities.
- Targets
- Algus Packaging LLC
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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