Arbor Investments Acquires Great Lakes Packaging Corporation
January, 05, 2012 · For immediate release
Chicago, IL, - Arbor Investments has acquired Great Lakes Packaging Corporation, a producer of value-added corrugated packaging and display products. The Company will join a packaging platform which includes Midland Packaging & Display; a 65 year-old Franksville, Wisconsin based company with a design and warehouse center in Lemont, IL. Terms of the sale were withheld.
Founded in 1963 and based in Germantown, WI, Great Lakes Packaging is a recognized leader as a manufacturer and distributor of corrugated packaging, point-of-purchase displays and specialty packaging products. The Company’s reputation has been forged by award winning packaging designs, expansive converting capabilities and a broad base of customer products and services. Great Lakes Packaging services a wide range of market segments in the Midwest and throughout North America and operates affiliate locations in Madison, WI and Chicago, IL.
“Great Lakes Packaging has an outstanding reputation in the industry for innovation and customer service.” said Sieg Buck, Operating Partner at Arbor Investments and CEO of Arbor’s packaging platform. “Great Lakes’ management and employees have created an extremely well run business, and our complimentary product offerings and enhanced manufacturing capabilities will enable both companies to provide greater service to their customers.”
Former Owner and Chairman of Great Lakes Packaging, Glen Arnold stated, “Arbor is an outstanding fit for Great Lakes, as their knowledge and experience in the packaging and display industry will provide significant value to the company and help drive continued growth.”
“Becoming a part of this packaging platform will add tremendous value to the Company going forward,” said Jim Nelson, President of Great Lakes Packaging. “We’re excited to begin working with Midland Packaging & Display, which has a reputation of delivering great value and outstanding packaging solutions to customers.”
Founded in 1999, Arbor Investments is the recognized leader and market maker in middle market food and beverage private equity. The firm has $700 million of capital under management across three private equity funds.