Southfield, MI – August, 2015 – P&M Corporate Finance (PMCF) is pleased to announce that it served as the exclusive financial advisor to Skybox Packaging, LLC (Skybox), of Mansfield, OH in its successful sale to Atlantic Packaging Products Ltd. (Atlantic), of Toronto, Canada.
Atlantic (www.atlantic.ca) is the largest privately owned integrated corrugated packaging company in Canada. Atlantic provides customers with a total packaging solution through its key business divisions, which include: Corrugated and Color Packaging, Recycled Paper Mills, Retail Packaging & Displays, Paper Bag Products, Supply & Inventory Management, and Recycling.
Skybox (www.skyboxpackaging.com) manufactures corrugated packaging products and distributes packaging supplies and equipment out of its 100,000+ sq. ft. facility in Mansfield. Skybox offers its customers a service focused model featuring very short lead times, the combination of customized corrugated and non-corrugated packaging solutions and sophisticated logistics and inventory management programs. These customers include well known large and mid-size brands across industrial, food and consumer end markets. Customers rely on Skybox to design and engineer packaging for their unique applications which is then produced on the Company’s suite of flexographic printing, die cut and specialty folder gluer equipment.
Marc Miller, President of Skybox, said, “We have a great organization staffed by some of the best people in the industry. Last year Marty Rice and I initiated a search for a partner that shares our ambition, operates with an entrepreneurial culture and brings new capabilities and reach to the table. Our leadership team agreed early on that this would only be possible if our partner was a company that shared our values and has a growth plan that views the Skybox organization and location as a foundation for growth in the future. In Atlantic, we found exactly what we were looking for and more. We’re very excited about the future and the opportunity to be working with Atlantic in the development of their strategic plan.”
Skybox selected John Hart and PMCF’s Packaging Group to serve as exclusive financial advisor for the transaction. Miller noted, “PMCF provided outstanding service and guidance to Skybox at every stage of the transaction. Their senior team proved to be well connected in corrugated packaging with executive contacts throughout the industry. We very highly recommend PMCF to any packaging organization considering a transaction.”
PMCF is a middle market investment bank providing global merger and acquisition advisory services to private, public, and private equity owned companies. PMCF provides a broad range of services including sale advisory, acquisition advisory, capital raising, and strategic advisory. The firm has dedicated industry teams providing services to the packaging, plastics, medical technology, industrials and business services industries. PMCF has offices in Chicago and Detroit and around the globe via its Corporate Finance International associates. For more information, visit www.pmcf.com.