Chicago investors acquire Great Lakes Packaging Corp.

Organizations:

Chicago-based Arbor Investments has acquired Great Lakes Packaging Corp. a Germantown-based producer of value-added corrugated packaging and display products.
Great Lakes Packaging will join a packaging platform that includes Midland Packaging & Display of Franksville, Wis., with a design and warehouse center in Lemont, Ill.
Terms of the sale were not disclosed.
Great Lakes Packaging serves a wide range of market segments in the Midwest and throughout North America and operates affiliate locations in Madison and Chicago. The company has 125 employees.
“Great Lakes Packaging has an outstanding reputation in the industry for innovation and customer service.” said Sieg Buck, operating partner at Arbor Investments and CEO of Arbor’s packaging platform. “Great Lakes’ management and employees have created an extremely well run business, and our complimentary product offerings and enhanced manufacturing capabilities will enable both companies to provide greater service to their customers.”
Buck all Great Lakes Packaging employees will be retained.
“Things will really remain business as usual and we’ll continue to operate both facilities,” he said. “Our goal is to add to both companies and grow throughout this coming year.”
Glen Arnold, former owner and chairman of Great Lakes Packaging, said, “Arbor is an outstanding fit for Great Lakes, as their knowledge and experience in the packaging and display industry will provide significant value to the company and help drive continued growth.”
“Becoming a part of this packaging platform will add tremendous value to the company going forward,” said Jim Nelson, president of Great Lakes Packaging. “We’re excited to begin working with Midland Packaging & Display, which has a reputation of delivering great value and outstanding packaging solutions to customers.”

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