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Specialized Packaging Group completes acquisition of Clark Foam Corporation to expand capabilities and footprint

PRIVATEMay 21, 2024

Acquiring Company

Specialized Packaging Group

Acquired Company

Clark Foam Corporation

OaklandIllinoisManufacturing

Description

Specialized Packaging Group (SPG) has announced the acquisition of Illinois-based Clark Foam Corporation, a provider of custom-designed packaging solutions. The acquisition aims to enhance SPG's capability set by expanding its engineered packaging offerings, adding geographic reach, and approximately 50 employees to its workforce.

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Company Information

Company

Specialized Packaging Group

Location

Oakland, California, United States

About

Specialized Packaging Group, Inc. is a vertically integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. The company operates under three divisions: IVEX, Packaging Concepts & Design (PCD), and ProtecPac. IVEX manufactures a range of packaging materials at six facilities across the U.S., Canada and Mexico, PCD is a leader in the design and delivery of highly engineered packaging products and solutions, and ProtecPac designs and manufactures customized packaging solutions at ten facilities in the U.S. and Mexico. For more information, visit https://spg-ges.com/.

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Frequently asked

Who acquired Clark Foam Corporation?

Clark Foam Corporation was acquired by Specialized Packaging Group, based in Oakland. The deal was reported on May 21, 2024. Specialized Packaging Group, Inc. is a vertically integrated provider of protective packaging products and one of the largest independent manufacturers of protective packaging in North America. Specialized Packaging Group is privately held.

When did Specialized Packaging Group acquire Clark Foam Corporation?

Specialized Packaging Group's acquisition of Clark Foam Corporation was reported on May 21, 2024. Specialized Packaging Group (SPG) has announced the acquisition of Illinois-based Clark Foam Corporation, a provider of custom-designed packaging solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Clark Foam Corporation do?

Clark Foam Corporation provides custom-designed packaging solutions for a diverse array of end markets, including healthcare and medical, consumer products, energy, technology and semiconductors, defense, heavy equipment, and general industrial materials. It is privately held, operating in Manufacturing, and is based in Illinois.

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