Announced
Completed
Financials
Tags
Containers and Packaging
Private
Friendly
United States
packaging solutions
Acquisition
Domestic
Majority
Completed
Single Bidder
Synopsis
Baldwin Richardson, a custom ingredients manufacturer for the food and beverage industry, completed the acquisition of Pennsauken Packing, a packaging solutions provider. Financial terms were not disclosed. "This acquisition strengthens our position as a leader in the aseptic beverage space. We're able to provide customers with the innovation and operational excellence they've come to expect from Baldwin Richardson Foods, blended with exceptional talent, world-class assets, enhanced capabilities, and capacity of the Pennsauken site to allow our customers to achieve their vision of long-term growth," Cara Hughes, Baldwin Richardson Vice President of Customer and Community.
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