Consolidated Container to acquire substantially all assets of Moorhead, Minnesota-based Roffe Container for undisclosed price, signs separate lease for factory and will begin installation of multi-line production plant in Lakeville, Minnesota
August 14, 2012
– Consolidated Container Company announced today its intention to acquire substantially all of the assets of plastic container manufacturer Roffe Container, located in Moorhead, Minnesota. CCC will also sign a separate lease for a manufacturing site and will begin the installation and build-out of a multi-line production plant in Lakeville, Minnesota, just outside of Minneapolis-Saint Paul.
“The timing of this transaction and CCC’s commitment to growing in the region aligned perfectly with our objectives. This is an exciting outcome for the employees and customers of Roffe Container.”
Jeffrey Greene, President and Chief Executive Officer of CCC, said, “One of CCC’s unique competitive advantages is our nationwide manufacturing platform, and this acquisition expands that network into one of the few geographic areas where we do not have a presence. The addition of the Moorhead facility and the opening of a greenfield in the Minneapolis-Saint Paul area enhance CCC’s ability to serve key regional and national customers in the dairy and industrial markets in the Upper Great Lakes and Northern Great Plains regions.”
Tom Janas, owner and president of Roffe Container, stated, “The timing of this transaction and CCC’s commitment to growing in the region aligned perfectly with our objectives. This is an exciting outcome for the employees and customers of Roffe Container.”
The acquisition is expected to close in the coming weeks, and CCC expects to complete the initial build-out of the Lakeville facility by mid-2013.
Consolidated Container Company
Consolidated Container Company is a leading developer and manufacturer of rigid plastic packaging solutions in North America. Consolidated Container Company specializes in customized mid- and short-run packaging solutions, serving a diverse customer base in the dairy, large-format water, beverage, food, household chemical, automotive, and specialty chemical markets. With 59 manufacturing facilities and 2,100 employees, CCC has an integrated, nationwide network of manufacturing and service locations to deliver reliable and cost-effective packaging solutions to meet the needs of a wide range of customers and markets. CCC provides standard and custom packaging solutions to its customers. From its state-of-the art Panella Engineering and Development Center to its experienced manufacturing teams across its network, CCC delivers high performance, cost-effective design solutions to meet even the most challenging container applications.
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