Ancor Capital Partners has announced the acquisition of FCA Packaging Products, a provider of packaging services and solutions for heavy duty industrial applications through nine plants
Ancor Capital Partners has announced the acquisition of FCA Packaging Products, a provider of packaging services and solutions for heavy duty industrial applications through nine plants across the US.
The company serves many original equipment manufacturers of products including customised skids, crates, and boxes from wood and engineered wood as well as steel and corrugate.
The company supports its packaging products with an array of services including design, manufacturing, testing, storage management, container tracking, bar coding, recycle management, and repair/refurbishment.
‘The outsourcing model that FCA has created in partnership with its customers is a recurring theme through many of Ancor’s portfolio companies,’ says J. Randall Keene, founding managing partner of Ancor Capital. ‘Ancor established Avail Medical, which became the largest finished device outsourcing company in the industry, and we see the same opportunity to further develop FCA in its market.’
FCA’s co-founder, Jeff Campagna, says: ‘We’re very excited to partner with Ancor. They truly understand the dynamics of building value, and we’re confident they’ll help FCA achieve our growth objectives.’
Ancor Capital Partners, based in Fort Worth, Texas, is an operations-oriented private equity firm focused on lower middle-market manufacturing and distribution companies with Ebitda of USD5m-USD15m.
