Arbor Investments Sells Midland, Great Lakes to Green Bay Packaging
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Arbor Investments, Chicago, Ill., USA, reports that it has completed the sale of its Fund II portfolio companies Midland Container and Great Lakes Packaging to Green Bay Packaging. Green Bay, Wis. Midland and Great Lakes were owned by Midcon Holdings. Located in Franksville, Wis., and Germantown, Wis., the two companies manufacture high-quality, custom point of purchase and point of sale corrugated displays, as well as corrugated packaging for the consumer packaged goods industry. Terms of the sale were not disclosed.
MidCon Holdings was established by Arbor Investments in 2008 to complete the purchase of Midland Packaging and Display. In December 2011, MidCon purchased Great Lakes Packaging and formally put the two companies together to form one of the top independent Wisconsin-based manufacturers in the corrugated industry. Focusing on customers primarily in Wisconsin, Minnesota, and Illinois, the companies serve the consumer products industry and the greater food and beverage industries throughout the upper Midwest. Midland is led by Terry Skalmoski, president, and Great Lakes by Jim Nelson, president.
"The Midland and Great Lakes teams have come together and built a formidable corrugated packaging supplier in the greater Milwaukee area. We have been extremely happy with the growth of the companies under Terry's and Jim's leadership," said Sieg Buck, CEO, MidCon Holdings.
