Graham Partners buys packaging thermoformer EasyPak
Headquartered in Leominster, Mass., EasyPak serves the food packaging sector, and describes itself as being unusual in that it offers packaging made from 100 per cent post-consumer recycled materials.
November 22, 2017 by Canadian Plastics
Investment firm Graham Partners has acquired thermoformed packaging provider EasyPak LLC for an undisclosed amount.
Headquartered in Leominster, Mass., EasyPak serves the food packaging sector. The company describes itself as being unusual in that it offers packaging made from 100 per cent post-consumer recycled materials, among other value-added capabilities. The company was founded in 2004.
In a statement, Newton Square, Pa.-based Graham identified thermoformed packaging as an attractive market to invest in, with growth driven by increasing demand for sustainable packaging options and consumer preferences for freshly prepared, on-the-go meals. “Our investment thesis in EasyPak focuses on partnering with EasyPak’s existing leadership team to build upon the company’s success as a top tier, mid-sized thermoformer,” it said. “[We] plan to leverage EasyPak’s trusted reputation and state-of-the-art operations to grow the company, while maintaining innovative new product development and increasing operational efficiency. We have identified several opportunities to scale the business, while still maintaining its focus on customer service and technical excellence.”