Packaging Acquisitions in Alabama

SupplyOne, a portfolio company of Wellspring Capital Management, has acquired Gulf Packaging, Inc., a custom corrugated box and display converter with production facilities in Bay Minette and Tallassee, Alabama. The deal expands SupplyOne’s footprint in the Southeastern U.S. and is the 42nd addition to the SupplyOne portfolio, strengthening its ability to serve customers across Alabama, Florida, Georgia, Tennessee, Mississippi and Louisiana.

Hinton Lumber Products, a Tuscaloosa-based wooden pallet manufacturer, received a minority growth investment led by Trivest Partners (via Trivest Growth Investment Fund II) with co-investment from Palmares Capital Partners. The capital will support Hinton’s organic growth initiatives and future M&A as the company expands its automated pallet manufacturing footprint in the Southern United States.

Field Packaging Solutions, a self-funded private family office, has acquired Bag Supply Company, a Birmingham, Alabama-based manufacturer and distributor of FIBCs, multi-wall paper bags, woven polypropylene bags and other packaging products. The transaction closed on February 1, 2023 and is intended to expand Field's packaging capabilities and product footprint across North America while providing long-term stability and growth resources for Bag Supply.

Imperial Dade has acquired Dees Paper Company, a Mobile, Alabama-based distributor of janitorial sanitation and foodservice packaging products. The transaction — Imperial Dade's 54th acquisition — was announced with financial terms undisclosed; Dees will continue under its existing leadership in partnership with Imperial Dade to expand scale in the Southeast.