Packaging Acquisitions in Texas

Conner Industries, a Fort Worth-based integrated packaging and industrial wood solutions provider, has acquired Kirkland Sales Inc., a custom foam fabricator near Garland, Texas. The acquisition expands Conner's integrated packaging capabilities—adding foam, gasket and plastic fabrication—and increases production capacity in the Dallas/Fort Worth market to support commercial and government/DoD customers.

Spell Family Office, via Spell Capital Partners, has acquired All Star Corrugated, a Fort Worth, Texas-based corrugated packaging manufacturer. The buyer plans to invest in new equipment and expand the company's manufacturing footprint to support customer demand growth in the Dallas/Fort Worth market.

FCA, LLC (a Wynnchurch Capital portfolio company) has acquired Greentree Packaging and Lumber, a Fort Worth-based manufacturer of custom wood packaging and distributor of lumber products. The acquisition adds Greentree’s ~100k sq. ft. facility and nearly 200 employees to FCA’s ~40-location packaging network, expanding FCA’s custom wood packaging capabilities and presence in the Dallas/Fort Worth market and nationally.

Veritiv Corporation completed the acquisition of AmeriPac, LLC, a contract packaging and turnkey fulfillment provider, on April 12, 2024. The deal adds AmeriPac’s kitting, co-packing and complex packaging capabilities and a workforce of nearly 600 across Texas and Pennsylvania to Veritiv’s packaging and fulfillment platform, expanding its service offering for customers in cosmetics, personal care and other consumer end markets.

Nefab Group, through its U.S. arm Nefab Packaging, Inc., has acquired Plastiform, Inc. and its subsidiary Precision Formed Plastics, Inc., a Texas-based thermoforming and cushioning manufacturer. The deal strengthens Nefab's thermoforming capabilities and sustainable packaging offering in the Americas, supporting end markets such as datacom/cloud, telecom/semicon and healthcare equipment.

Conner Industries, a Fort Worth-based provider of lumber and integrated packaging solutions, has acquired Guardian Packaging Industries LP, a Garland, Texas-based foam cutting and integrated packaging specialist (including its Southwest Air Products division). The acquisition expands Conner's integrated packaging footprint and capabilities — including foam, corrugate and adhesive foam tape production — and supports growth into military/defense and other industrial end markets in the Dallas/Fort Worth area.

BOX Partners, a national packaging wholesaler majority‑owned by Charlesbank Capital Partners, has acquired The Packaging Wholesalers (TPW), a nationwide packaging distributor with a more than 20‑year track record. The deal combines distribution footprints and capabilities to create a larger national wholesaler with six distribution locations and 3M+ square feet to improve product assortment and faster delivery for customers.

UFP Packaging, an affiliate of UFP Industries, acquired Titan Corrugated, Inc. and its affiliate All Boxed Up, LLC, adding corrugated conversion and distribution capabilities to UFP's industrial packaging portfolio. The combined Titan companies had trailing 12-month sales of approximately $46.5 million through October 2022; Titan's leadership, including founder Jon Reneau, will remain with the business.

Shrieve Chemical Company has acquired the assets of Independent Contract Packaging (ICP), a Conroe, Texas-based contract packaging, blending, warehousing and distribution provider. The acquisition (ICP to be rebranded Shrieve Performance Packaging) expands Shrieve's small-packaging and blending capabilities to better serve lubricant, personal care, institutional and petrochemical customers and streamline supply-chain operations.

Funds managed by Kelso & Company (Kelso Fund XI) have acquired a majority interest in Inovar Packaging Group (IGL Holdings I Corp) from AEA Investors. Inovar, a Dallas-based supplier of pressure-sensitive labels, shrink sleeves and flexible packaging with seven US locations, will continue to be led by its existing management team, which remains a meaningful shareholder alongside Kelso.

ProAmpac, a Cincinnati-based flexible packaging manufacturer owned by Pritzker Private Capital, has acquired Specialty Packaging, Inc., a family-owned paper, film and foil packaging manufacturer based in Fort Worth, Texas. The acquisition expands ProAmpac's paper bag converting capacity, broadens its recyclable foodservice packaging portfolio and extends its footprint into the southwestern United States.

The Jordan Company has agreed to invest in Five Star Holding, a Houston-based integrated flexible packaging manufacturer, taking a minority position alongside the company’s current owners. The growth capital partnership will support Five Star’s expansion and sustainability initiatives, including its PCR recycling and bio-film development capabilities.

Novolex has acquired the business of B&H Bag Company and will integrate it into its Novolex Duro Bag operations to increase production capacity and strengthen customer service. B&H, a family-owned paper bag manufacturer with a plant in Brookshire (near Houston), Texas, supplies the foodservice and grocery markets; Novolex is PE-backed by The Carlyle Group.

Resource Label Group, a portfolio company of First Atlantic Capital and TPG Growth, has acquired Dallas-based McDowell Packaging & Advertising Co., Inc. (McDowell Label) to strengthen Resource Label's presence in the U.S. Southwest. McDowell Label will continue serving consumer brand customers across premium beverage, cosmetics/personal care, nutraceutical, food, pet care and automotive markets, adding complementary label, shrink sleeve and RFID/NFC capabilities to the platform.

Western Shield Label Company acquired The Label Smith, a Pasadena, Texas-based flexographic and digital label printer, with the transaction closing on October 15, 2020. The purchase expands Western Shield's footprint and capacity in Texas and the broader Southwest, adding The Label Smith's digital capabilities and customer base serving food, beverage and consumer-packaged-goods markets.

Sole Source Capital LLC, an industrial-focused lower-middle market private equity firm, has acquired Dallas Plastics, a Mesquite, Texas-based manufacturer of blown polyethylene film serving medical, food and industrial end markets. The transaction (terms not disclosed) names Kevin Pierce as CEO while founder Dennis Pierce remains as senior advisor; Sole Source said it will invest in technology, add capacity and pursue M&A to accelerate growth in the flexible packaging space.

AptarGroup, Inc. has entered into a binding agreement to acquire Fusion Packaging I, L.P. (FusionPKG), a Dallas-based provider of turnkey airless and color cosmetics packaging solutions. The acquisition strengthens Aptar's Beauty + Home segment by adding fast-beauty design, formulation and concept-to-launch capabilities and is expected to be accretive to segment margins.

I&I Sales Group, a platform company backed by Osceola Capital Management, has completed an add-on acquisition of Cinpak, an Austin, Texas-based provider of outsourced sales and marketing services and distributor of foodservice disposables. The deal is the third acquisition for the I&I Sales Group platform and expands the platform's geographic footprint and product offering across disposables, safety, equipment and janitorial/sanitation categories.

Orora Limited (ASX:ORA) acquired Pollock Investments Inc., a Dallas-based manufacturer and distributor of packaging and facilities (JanSan) supplies, extending Orora’s North American footprint. The deal brings Pollock’s multi-state operations and product portfolio into Orora’s platform to support growth in the facilities supplies and packaging markets.