Lincoln Hill Holdings, Chicago, Ill., USA, this week announced that its newly formed portfolio company, Fibre Tec Packaging (also based in Chicago) has acquired substantially all of the assets of Fibre-Tec Partitions. Fibre Tec is a fabricator of high quality, customized, fiber and corrugated box partitions and pads. The company was founded in 1997 and serves box manufacturers, packaging brokers, manufacturers, and distributors across a wide variety of end markets, including food, beverage, automotive, pharmaceutical, and consumer packaged goods. Fibre Tec will continue serving its 500+ customers from its 63,000 sq. ft. facility in Chicago.

Len Ingolia, co-founder of Fibre Tec, said that "we are delighted to partner with Lincoln Hill in the next stage of our growth. We look forward to their support as we execute on an array of growth opportunities and investments that will better position us to meet our customers' evolving needs." 

Graham Balentine, a principal at Lincoln Hill who will be taking an active role in sales and business development at Fibre Tec, added that "Fibre Tec has differentiated itself in the partitions space with a focus on quality, customer service and innovation. We believe that Lincoln Hill's growth capital and operational support will allow the company to better serve both new and existing customers."

Fibre Tec, based in Chicago, Ill., is a market leader in the packaging and partition market producing both fiber and corrugated partitions and pads. Since 1997, Fibre Tec has provided customers with cost effective packaging and short lead times. The company offers a wide variety of paper grades and calipers to ensure customers have the best solution for their packaging needs. More information about Fibre Tec http://www.fibretecpkg.com is available online.