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Plymouth Packaging and Box on Demand have been acquired by WestRock Company

Chicago, IL and Southfield, MI – CFI USA (P&M Corporate Finance) 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 John Hart and his team as our M&A advisor. They 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 John Hart and the Plastics & Packaging Group 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.

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