M&A Deal Summary

PaperWorks Industries Acquires Standard Group

On June 21, 2023, PaperWorks Industries acquired packaging company Standard Group

Acquisition Highlights
  • This is PaperWorks Industries’ 3rd transaction in the Packaging sector.
  • This is PaperWorks Industries’ 3rd transaction in the United States.
  • This is PaperWorks Industries’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2023-06-21
Target Standard Group
Sector Packaging
Buyer(s) PaperWorks Industries
Deal Type Add-on Acquisition

Target

Standard Group

Jeffersontown, Kentucky, United States
website
Standard Group is a converter of custom printed paperboard packaging. Standard Group was founded in 1932 and is based in Jeffersontown, Kentucky.

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Buyer(S) 1

Buyer

PaperWorks Industries

Fort Washington, Pennsylvania, United States

website

Category Company
Founded 2008
Sector Packaging
Employees1,700
Revenue 600M USD (2014)
DESCRIPTION

PaperWorks Industries is an integrated full-service provider of recycled paperboard and specialized folding cartons for packaging applications. PaperWorks was formed in 2008 and is based in Fort Washington, Pennsylvania.

DEAL STATS #
Overall 4 of 4
Sector (Packaging) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (Kentucky) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-16 Manchester Industries

Richmond, Virginia, United States

Manchester Industries, Inc. is a provider of unparalleled service and solutions in paperboard sales, sheeting, and distribution. Manchester is a recycled paperboard mill offers various products.

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Mergr

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