Industry: Materials / Containers & Packaging
The Company was acquired by a competitor.
The Company is the Midwest’s premier fabricator of foam for cushioning and packaging.
The Buyer fabricates flexible products for custom applications. Supplying just-in-time manufacturing services to OEMs and their supply chains.
Pendo Advisors, LLC served as independent financial advisor to the trustee of the ESOP and provided a fairness opinion in connection with the transaction.