Foundation Investment Partners / Sustainable Packaging Acquires Paper Converters, Inc.
January 30, 2026
Foundation Investment Partners (FIP), via its platform Sustainable Packaging, LLC, has acquired Paper Converters, Inc., a Walterboro, South Carolina manufacturer of spiral wound paper tubes, edge board and sheeting. The acquisition is an add-on to FIP's Sustainable Packaging platform and is intended to drive collaboration with sister company Amspak, improve supply chain continuity, and expand capability in sustainable paper packaging for textile and industrial customers in the Southeastern U.S.
- Buyers
- Foundation Investment Partners, Sustainable Packaging, LLC
- Targets
- Paper Converters, Inc.
- Sellers
- Kline Smyly, Tanya Barnes
- Platforms
- Sustainable Packaging, LLC
- Industry
- Manufacturing
- Location
- South Carolina, United States
- Transaction Type
- Addon
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