Granite Creek Capital Partners, a private investment firm based in Chicago, has acquired NYP Corp, a New Jersey-based value-added packaging manufacturer and distributor focused on the wholesale nursery, agricultural, and industrial markets.
As part of the transaction, experienced industry executive Robert Dahl has been named CEO of NYP, as well as Chairman of the Board, while Granite Creek Partner Jim Clark and Director Andrew Kearney have also joined NYP’s board.
Since its beginnings in burlap packaging in 1946, NYP now sources, processes, and distributes a broad portfolio of textile-based and other consumable products, including wire tree baskets, burlap-based products, and various types of bags, among many others, to a highly diverse customer base across the US.