Supremex Acquires Forest Envelope Group
May 1, 2024
Supremex Inc. (TSX: SXP) has acquired the assets of Forest Envelope Group, a regional specialty envelope manufacturer located in Bolingbrook, Illinois, for approximately US$1.8 million on a cash-free, debt-free basis. Supremex says it will integrate Forest Envelope's activities into its nearby U.S. plants in Naperville and Chicago as a tuck-in to expand Midwest capacity and realize synergies across its U.S. envelope network.
- Buyers
- Supremex Inc.
- Targets
- Forest Envelope Group
- Industry
- Packaging
- Location
- Illinois, United States
- Transaction Type
- Buyout
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