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Completed
Synopsis
Atar Capital-backed WinCup, a manufacturer of disposable foodservice products, completed the acquisition of ConverPack, a manufacturer of hot and cold paper cups. Financial terms were not disclosed. “At WinCup, we have a long history of setting the standard for environmental responsibility, and deciding to acquire ConverPack will vastly expand hot and cold cup production, as well as help to grow our phade® line of PHA-coated paper cups. This strategic acquisition allows us to remain environmentally focused through innovation and meet our customers' demands for advanced, plastic-free alternatives as well as traditional foodservice products,” Brad Laporte, WinCup CEO.
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