Autajon Group Acquires Thoro Packaging
Mesirow Financial, Chicago, Ill., USA, this week acted as the exclusive financial advisor to Thoro Packaging Inc., Corona, Calif., on its sale to Autajon Group, France.
Thoro Packaging is a producer of custom folding carton packaging for customers seeking to communicate and enhance the value of their brands. The company serves a wide range of customers in the medical, pharmaceutical, health and beauty, gourmet and food confections, and other consumer product markets, ranging from startup companies to leading Fortune 500 businesses.
Janet Steiner, CEO and president of Thoro Packaging, said that "Mesirow Financial was instrumental in conducting an effective and competitive transaction process that ultimately paired Thoro Packaging with an ideal strategic partner."
Bill Hornell, managing director of Mesirow Financial's Investment Banking group, added that "we were honored to represent the owners of Thoro Packaging. We believe that this strategic combination will provide Thoro Packaging with a global platform to expand and continue delivering exceptional service and quality products to its customers."
The transaction represents another successful assignment completed by Mesirow Financial's Investment Banking group. Mesirow Financial is one of the most active advisors in the paper, plastics, packaging, and specialty printing sectors, having completed more than 100 transactions in recent years.
Thoro Packaging designs and manufactures folding cartons for medical, pharmaceutical, health and beauty, and specialty product markets. To learn more, visit the
Thoro Packaging web site..
Autajon Group is a global manufacturer of folding cartons and labels for various market sectors such as perfumes and cosmetics, pharmaceuticals, wine and spirits, as well as confectionery and food specialties sectors. The group's production capacities consist in 34 subsidiaries, based in Europe, Asia, and now three in the U.S. The group employs 4,500 people. To learn more, visit the
Autajon Group web site.
Mesirow Financial is an independent, employee-owned firm founded in 1937. It specializes in investment, risk management, and advisory services. To learn more, visit the
Mesirow Financial web site.
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