Plymouth Packaging and Box on Demand have been acquired by WestRock Company
Chicago, IL and Southfield, MI – CFI USA (P&M Corporate Finance LLC) acted as the exclusive corporate finance advisor to the Magnell family on the sale of Plymouth Packaging/Box on Demand (‘Plymouth’, ‘Box on Demand’ or the ‘Company’), to WestRock Company (‘WestRock’, ISIN: US96145D1054, ticker symbol: WRK).
Westrock focus is on working with brands to help them win across the board by providing an unbeatable portfolio of paper and packaging products
Plymouth is an innovator in the corrugated packaging industry and pioneered an on-demand packaging system that uses corrugated fanfold materials and proprietary box making machinery.
Greg Magnell noted, “We are very happy with our decision to hire PMCF as our M&A advisor. John Hart and his team are clearly experts in the packaging industry and knew how to best position a unique company like ours to the right group of prospective buyers. They provided heavy senior level involvement throughout each stage of the process and were instrumental in making this a successful transaction for us. We would highly recommend PMCF to other packaging companies considering a transaction”
The Magnells selected John Hart and the Plastics & Packaging Group to serve as Plymouth’s M&A advisor / investment banker in the transaction.
The transaction closed on 16 January 2018.
The testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.
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Transaction details
The Magnell family sold Plymouth Packaging, Inc., an innovator in the corrugated fanfold and box packaging industry with its 'Box on Demand' systems, to WestRock Company, a provider of differentiated paper and packaging solutions
This transaction was advised by:
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