D&W Fine Pack announces closing of acquisition of Lake Zurich, Illinois-based CM Packaging Group, which makes plastic and aluminum food containers; total revenue for D&W now approaching US$400M
FOUNTAIN INN, South Carolina
November 30, 2011
– D&W Fine Pack LLC, a leader in the foodservice packaging industry, is pleased to announce the closing of the acquisition of CM Packaging Group. Based in Lake Zurich, Ill., CM Packaging Group is a manufacturer of rigid plastic thermoformed containers and aluminum containers serving the restaurant, grocery, bakery, produce and food processor markets.
The acquisition advances the D&W strategy to be a national supplier of foodservice containers and other products serving the food processor, foodservice and food packaging markets. The CM Packaging Group's business complements the D&W product offering, with both stock and custom products, and adds five manufacturing locations. Total revenue for D&W is now approaching $400 million. The company employs 1,600 and operates from 11 locations in the U.S. and Canada.
"CM Packaging Group adds to our substantial product suite and allows us to present our customers with greater choice and flexibility," said Mark Staton, president and chief executive officer, D&W Fine Pack. "Customers should know that, whatever their needs, D&W offers one of the most extensive product lines across all applications and substrates."
About D&W Fine Pack
D&W Fine Pack, a Mid Oaks Investments portfolio company, is among the largest foodservice packaging companies in North America. Offering a broad line of foodservice and food packaging, including tableware, containers, cutlery, straws, and meal kits, the company continues its commitment to expansion and customer responsiveness through the development of unique and innovative packaging and material solutions across all major substrates used in the industry. As a committed leader in sustainability, D&W prides itself on helping the industry evolve to meet changing market demands while promoting packaging using sustainable materials and methods. For more information on D&W Fine Pack and its products, visit www.dwfinepack.com .
About Mid Oaks Investments LLC
Founded in 1986 and located in Buffalo Grove, Ill., Mid Oaks is a private investment firm that invests its own capital in businesses with an aim of building value over the long term. Its principals have substantial operating, financial and general management experience with a long history of success in the support of its portfolio companies. For more information, visit www.midoaks.com.