Compass Diversified-backed Altor Solutions completed the acquisition of Foam Concepts.

Compass Diversified-backed Altor Solutions, a designer and manufacturer of custom protective packaging solutions, completed the acquisition of Foam Concepts, a provider of packaging and componentry solutions. Financial terms were not disclosed. “We are excited for Foam Concepts to join forces with an industry leader like Altor. For over 25 years, we have taken great pride in providing high quality products for our customers and we look forward to continuing to deliver on our customer-driven approach benefiting from Altor’s resources and capabilities," Philip Michaelson and Mark Villamaino, Foam Concepts Co-Owners.