Phoenix Wrappers has secured an equity investment from Vopne Capital, a private investment firm based in San Francisco.
Concurrent with Vopne's investment, the company merged its manufacturing, sales and support operations, formerly owned separately, into one company.
Phoenix Wrappers is a designer and manufacturer of stretch wrapping equipment. Formerly Phoenix-Innotech and CanAm Packaging Systems, the company is a fully integrated provider of stretch wrapping equipment, parts, service and support.
Phoenix Wrappers is led by CEO Graham Nicholson, former head of CanAm Packaging.
Nicholson says: "Phoenix Wrappers has a history of manufacturing industry-leading stretch wrapping equipment known for its quality and innovation. We have formally combined manufacturing with our unparalleled customer service and support group. With manufacturing, sales and support under one roof, we are streamlining our internal processes to better serve our customers. We are excited to have Vopne Capital join as investors in our company. They share our vision of manufacturing the highest quality products and providing unparalleled customer service. They also share Phoenix Wrappers' commitment to our customers, our products and our employees."
"Phoenix Wrappers is a leader in manufacturing stretch wrapping machinery," adds Jim Bloom, managing partner at Vopne who joins Phoenix Wrappers' board of directors. "The company has an exceptionally talented engineering and product development team, the highest-quality manufacturing processes, and an unyielding focus on service and support. We look forward to helping Phoenix Wrappers continue its expansion to new customers and new markets, while maintaining its excellence in product design, engineering, manufacturing quality and customer service."
