Arbor Investments Announces the Acquisition of Midland Container Corporation
For Immediate Release
Arbor Investments, based in Chicago, Illinois, announced today that it has completed the acquisition of Franksville, Wisconsin-based Midland Container Corporation, a producer of value-added corrugated packaging and display products. In conjunction with the acquisition, Arbor Operating Partner Sieg Buck, a former senior executive for Newell-Rubbermaid, has been named CEO. The current management team will continue in their respective roles with the Company. Terms of the sale were withheld.
Founded in 1947 by the Gerlach family, Midland is known for its customer focus, commitment to quality and creative approach to meeting the needs of its diversified client base. Midland Container creates and manufactures corrugated shipping containers, custom-designed industrial packaging and full-color point-of-purchase displays. The Company also provides an array of value-added services in structural design, front-end creative design, JIT inventory management, packout and fulfillment. The Company’s flexible, modern manufacturing facility is strategically located in Franksville, Wisconsin, which sits approximately halfway between Milwaukee and Chicago. Midland’s robust design and production capabilities allow it to serve customers in a wide range of industries, including industrial, consumer and food and beverage businesses.
“We are excited to be acquiring a Company the caliber of Midland Container” said Arbor Vice President Richard Boos. “Midland’s outstanding reputation as a market leader in product quality and service provides the ideal foundation for accelerating the Company’s growth.”
“Our partnership with Arbor will be a tremendous asset to the Company going forward” said John Grow, COO of Midland Container. “Arbor brings a full complement of strategic, financial and operational resources to bear as we seek to build on our historically strong presence in the food and beverage packaging segment.”
Midland Container represents Arbor’s second investment in a Wisconsin-based company. Previously, Arbor owned Mexican Accent, Inc., the manufacturer of Manny’s® branded tortillas, located in New Berlin, Wisconsin.
Arbor Investments is one of the only private equity firms in North America that solely invests in the food, beverage and related industries. The firm has $236 million of capital under management across two private equity funds. For more information, please contact Richard Boos (312-981-3778) or Gregory Purcell (312-981-3780).