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New Deal


Announced

Completed

Baldwin Richardson completed the acquisition of Pennsauken Packing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Containers and Packaging

Private

Friendly

United States

packaging solutions

Acquisition

Domestic

Majority

Completed

Single Bidder

Synopsis

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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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