M&Q Holdings completed the acquisition of M&Q Packaging from Heartwood Partners.

M&Q Holdings, a packaging solutions and engineered materials provider, completed the acquisition of M&Q Packaging, a manufacturer of proprietary high-temperature resistant thermoplastic nylon, from Heartwood Partners, a middle market private equity firm. Financial terms were not disclosed. Under Heartwood Partners' ownership, M&Q Packaging strengthened its management team with key strategic hires and made significant investments in proprietary manufacturing equipment and technology to expand capacity, streamline operations, and drive product innovation and quality. Additionally, the Company completed the acquisitions of FlavorSeal, which added proprietary spice transfer capabilities, and Zoop, which enhanced manufacturing capabilities and accelerated growth in the foodservice market.