Altamont Capital invests in Key Container Corporation

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Altamont Capital Partners made an undisclosed concern successful Key Container Corporation, a corrugated container shaper based successful New England, US.

The backing volition beryllium utilized to alteration Key Container to grow its operations wrong the region.

The institution supplies customized and speciality corrugated packaging to clients successful the Northeast. It was established successful 1959 by Jack Sundel and Richard Strauss.

The concern remains family-run, with David Strauss presently serving arsenic president and his lad Matthew moving arsenic income manager.

David Strauss said: "We are excited to spouse with Altamont arsenic we proceed to enactment our customers with their packaging needs.

"Altamont's proven maturation playbooks and experts wrong their web volition fortify existing operations, alteration caller lawsuit relationships and aboriginal expansion, and enactment our extremity of providing our customers with the full package."

Advisory roles for the transaction were held by Jefferies Financial Group for Altamont and TM Capital, a part of Capstone Partners, for Key Container.

Altamont operating spouse Billy Medof said: "Over the past six decades, Key Container has established itself arsenic a determination manufacturing leader. Ever-changing lawsuit needs necessitate that packaging suppliers enactment nimble, capable, reliable, and customer-first.

"We judge Key Container, with its top-notch facilities, operations, and lawsuit service, is well-positioned successful today's evolving market, and we're excited to enactment successful lockstep with David and the squad to enactment the company's translation and growth."

In 2021, Altamont Capital Partners added Specialized Packaging Group (SPG) to its portfolio.

SPG operates done its IVEX and engineered packaging divisions and supplies protective packaging products crossed North America.

"Altamont Capital invests successful Key Container Corporation" was primitively created and published by Packaging Gateway, a GlobalData owned brand.


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