Graham Partners buys blow molder Paradigm Packaging

By Frank Antosiewicz
Correspondent

Published: December 20, 2013 4:21 pm ET
Updated: December 20, 2013 4:26 pm ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Blow Molding
Companies & Associations Graham Partners Inc.

Investment firm Graham Partners continues to grow its platform of blow molding businesses, acquiring Paradigm Packaging Inc., a vitamin, nutritional, over-the-counter drug and pharmaceutical bottle and jar producer.

Paradigm will join blow molder Scandia Plastics LLC under Graham's ownership.

Terms of the deal were not disclosed, but Graham Partners said in a news release that the acquisition was part of a plan to identify partners within the blow molding packaging platform. It said that Paradigm expands the platform’s geographical footprint and provides access to new customers in high-growth markets.

Paradigm is headquartered in Saddle Brook, N.J, but has also manufacturing plants in Rancho Cucamongo and Upland, Calif.; and a site in West Valley City, Utah. In the latest Plastics News blow molding rankings, Paradigm had an estimated $65 million in sales.

Scandia, which was acquired by Graham Partners in 2012, was founded in 1979 and is headquartered in Sheboygan, Wis. It specializes in blow molded bottles, containers and light industrial parts. Its end markets include medical diagnostics, healthcare, household and industrial chemicals.

“Paradigm opens the door to a variety of cross-selling and synergistic opportunities,” said Graham Partners managing principal Adam Piatkowski, in a statement.

Robert Donnahoo, president of Paradigm, said in a release that all sales and customer contacts for Paradigm will remain unchanged.

The combined companies have experience in injection blow molding, injection stretch blow molding, extrusion blow molding and injection molding.

Graham Partners is based in Philadelphia. Founded in 1988, it has closed more than 60 acquisitions, joint ventures, refinancing and divestitures.


Comments

Graham Partners buys blow molder Paradigm Packaging

By Frank Antosiewicz
Correspondent

Published: December 20, 2013 4:21 pm ET
Updated: December 20, 2013 4:26 pm ET

Post Your Comments


Back to story


More stories

Image

A. Schulman, Citadel continue buying blitz

January 27, 2015 11:32 am ET

A. Schulman Inc. and Citadel Plastics Inc. — two deal-happy materials firms — were at it again in the second half of 2014.    More

Image

It's becoming a seller's market for plastics firms

January 27, 2015 11:37 am ET

The pace of plastics mergers and acquisitions activity slowed a bit in the second half of 2014 — but market watchers have high expectations for ...    More

Image

Materials market sees more deals

January 27, 2015 11:26 am ET

Plastics materials deals showed modest growth in 2014, increasing 6 percent vs. their 2013 total.    More

Image

Kingspan adds more European production with Joris Ide acquisition

January 27, 2015 10:30 am ET

Kingspan Group plc has purchased insulated panels and building systems supplier Joris Ide Group for 315 million euros ($356 million).    More

Image

Bain buying TI Automotive

January 27, 2015 8:49 am ET

After months of speculation, Auburn Hills, Mich.-based TI Automotive Ltd. entered into an agreement Tuesday to be acquired by private equity firm Bain...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events