As shoppers demand products that are better for the environment, retailers can’t help but take notice. In fact, the consumer packaged goods industry has already started to reap the rewards. In just five years, 50 percent of their growth was attributed to a rise in sustainable products. Even so, 78 percent of consumers think companies need to do more for the environment. To capture a portion of the money consumers are now spending toward sustainable companies, it’s time companies reevaluate their practices. But the question is, how? Sustainable practices allow companies to connect with consumers and improve their bottom line — all at the same time. Plus, retail logistics go a long way toward demonstrating to customers that you’re doing right by the environment.
CHICAGO, Feb. 20, 2018 /PRNewswire/ — Lincoln International (“Lincoln“), a leading global mid-market investment bank, is pleased to announce Command Packaging, LLC (“Command” or the “Company”), has been sold to Delta Plastics of the South, LLC. Terms of the transaction were not disclosed.
Command is an industry pioneer and market leading provider of flexible packaging solutions, focused on supplying 100% certifiably sustainable carryout bags across the food service, retail and grocery industries. Headquartered in Vernon, California, the Company offers technically-sophisticated capabilities, including extrusion, printing, conversion and value-added services to 400+ blue chip customers nationwide. These customers rely on Command to solve their most complex carryout bag challenges and design products that represent their brands through superior quality, innovation and premium graphics.
Pete Grande, CEO of Command, commented, “Lincoln’s team, extensive packaging expertise, and ability to run a highly competitive process were important factors in achieving an outstanding result. The Lincoln team was critical to articulating Command’s value proposition and compelling growth opportunities, which drove interest and excitement throughout the process.”
Lincoln International acted as the exclusive investment banking representative for Command, 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.
For more information on Lincoln’s Global Packaging Sector, please visit http://www.lincolninternational.com/industries/packaging/.