AEA Investors has sold PPC Industries to Kohlberg & Company
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that PPC Industries, Inc. (“PPC” or the “Company”) has been sold by funds advised by AEA Investors to Kohlberg & Company, a Mount Kisco, New York-based private equity firm. Terms of the transaction were not disclosed.
Founded in 1949 and headquartered in Pleasant Prairie, Wisconsin, PPC is a leading provider of highly engineered consumable specialty plastics, including tubing, bags and films. The Company provides mission-critical solutions across a diverse set of end markets, including medical (under the Kelpac brand), food and industrial (under the PPC brand). PPC targets customized, highly technical flexible packaging and tubing products that are designed to meet strict performance requirements and tolerances, where the Company’s consistent product quality, on-time delivery and solutions-focused approach are most valued. PPC manufactures its products through a network of seven best-in-class facilities in North America, Central America, Europe and Asia.
Lincoln acted as the lead investment banking representative for AEA and PPC, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
Meet Our Professionals
My approach to building a relationship with each and every client begins and ends with trust. I want to be viewed as a true advisor, focused on our client’s long-term success.
Managing Director | President North AmericaChicago
View More Transactions
Lincoln is pleased to announce that it has advised Ambienta SGR on the sale of Safim to DexKo
Lincoln International is pleased to announce that Rostra Vernatherm, a portfolio company of Nikel Holdings and Valencia Capital, has been sold to Vernet, a portfolio company of Stirling Square Capital Partners
Lincoln International is pleased to announce that AmeriBest Home Care, a portfolio company of Boyne Capital, has been sold to TEAM Services Group, a portfolio company of Alpine Investors
Lincoln International is pleased to announce the sale of the leading provider of specification-grade luminaires, The Luminaries Group, to Acuity Brands, Inc.