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 Mergers & Acquisitions, Packaging, 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

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS...    More

Image

BASF to sell its share in Singapore JV

December 19, 2014 8:37 am ET

BASF SE has announced that it has reached an agreement for it to sell its share in the 50-50 joint venture ELLBA Eastern, at Jurong Island, Singapore ...    More

Image

Amcor buys Chinese flexible packaging plant

December 18, 2014 1:47 pm ET

Australian-based global packaging company Amcor Ltd. is buying a Chinese flexible packaging business for 211 million RMB (US$31.4 million).    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events