Client: Plastic Packaging Corporation
Transaction: Sale to Placon Corporation
Industry: Plastics & Packaging - Rigid Plastics
Manufacturing - Plastics & Packaging
Service: Sell-Side Advisory
Owner: Privately Held
Details: Plastic Packaging Corporation was acquired by Placon Corporation, a Wisconsin-based manufacturer of thermoformed plastic packaging. PPC manufactures thin-walled, rigid plastic packaging for food service, food processor and non-food markets, offering both stock and custom plastic lids and containers to blue-chip customers located throughout North America.

Testimonial: "I wanted an advisor that had the expertise and dedication required to carefully manage the sale of the business that had been at the core of my family for over 60 years. GKB was thoughtful in identifying the best time for us to start the process. They effectively managed the full spectrum of the sale transaction and minimized disruptions to the business. They helped us produce high-quality marketing materials that conveyed the PPC story to potential investors. Their creative approach in generating interest ensured broad participation by potential buyers, both domestic and international. There was senior level involvement all the way - from the preparatory stage to negotiations and closing. I believe that GKB offers a truly unique level of dedication, and I would highly recommend their services."

Susan Weiss Firestone
President and Owner - Plastic Packaging Corporation

Case Study: Plastic Packaging Corporation
Legal & Compliance