PMCF Announces Sale of Transparent Container to Rohrer Corporation (a ShoreView portfolio company)
Southfield, MI – October 1, 2018 – P&M Corporate Finance (PMCF) is pleased to announce the sale of Transparent Container Co., Inc. (“Transparent Container” or the “Company”) to Rohrer Corporation (“Rohrer”), a portfolio company of Shoreview Industries.
Headquartered in Addison, IL, Transparent Container, with more than 400 employees across six locations, is a leading designer and manufacturer of retail packaging solutions, including blister and club packaging, clamshells, and printed plastic and paperboard folding cartons. As the inventor of the original combination run blister (ComboBlister®), Transparent Container has developed a reputation for delivering industry-leading speed, quality, and value to their retail customers.
The acquisition of Transparent Container provides Rohrer with additional thermoforming capacity, expanded product range, and the largest combination run program for printed and thermoformed visual packaging products in the world, all under Rohrer’s ezCombo™ program.
“We’re very proud and excited to team with the great people of Transparent Container in providing customers the most innovative, eye-catching and cost-effective consumer packaging in the industry,” said Steve Wirrig, President and CEO, Rohrer Corporation. “This demonstrates our clear commitment to customers in providing a one-stop shop, making it even easier to do business with Rohrer. We’re uniquely positioned to offer the largest array of packaging solutions that clearly target the building of customer brands and bottom lines.”
Transparent Container Chairman Dan Greiwe and President Scott Greiwe will be staying with the company as advisory board members. Dan said, “This is a great opportunity for the people of Transparent Container to align with an industry leader and strengthen our mutual organizations toward becoming the preferred packaging partner to growth brands.”
Transparent Container selected John Hart and PMCF’s Plastics & Packaging Group to serve as the Company’s M&A advisor / investment banker in the transaction. Scott Greiwe noted, “John and his team played a critical role in helping us evaluate strategic options and guide the Company through a transaction process with Rohrer. We consider ourselves fortunate to have PMCF on our advisory team and do not believe we would have achieved as successful of an outcome without their involvement. We would highly recommend PMCF to other packaging companies considering a transaction.”
PMCF is a leading middle market investment bank providing M&A advisory services to privately-held, public, and private equity owned companies. PMCF’s service offering includes sale advisory, merger and acquisition advisory, capital raising, and strategic advisory (including sale planning). The firm has significant industry expertise and dedicated professionals focused on plastics and packaging, medical technology, industrials, and business services industries. PMCF has offices in Chicago, Detroit, and Denver and internationally through its CFI partner firms. PMCF is also an affiliate of Plante Moran, one of the nation’s largest professional services firms. For more information, visit www.pmcf.com or you can contact John Hart directly at email@example.com or +1 248.223.3468.