M&A Deal Summary

Drew Foam Acquires Davis Core & Pad

On November 21, 2019, Drew Foam acquired packaging company Davis Core & Pad

Acquisition Highlights
  • This is Drew Foam’s 1st transaction in the Packaging sector.
  • This is Drew Foam’s 1st transaction in the United States.
  • This is Drew Foam’s 1st transaction in Georgia.

M&A Deal Summary

Date 2019-11-21
Target Davis Core & Pad
Sector Packaging
Buyer(s) Drew Foam
Deal Type Add-on Acquisition

Target

Davis Core & Pad

Cave Spring, Georgia, United States
Davis Core & Pad Co. is an EPS foam shape molder. Davis Core & Pad Co.'s packaging products are used in a wide variety of end-markets including consumer perishables, IT products, and office furniture.

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Buyer(S) 1

Buyer

Drew Foam

Monticello, Arkansas, United States

Category Company
Founded 1965
Sector Packaging
DESCRIPTION

Drew Foam is a provider of custom-fabricated expanded polystyrene foam ("EPS") products serving the packaging, building products, and consumer end-markets, primarily in the Southeastern United States. Drew Foam was founded in 1965 and is based in Monticello, Arkansas.


DEAL STATS #
Overall 1 of 2
Sector (Packaging) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-28 Huntington Solutions

Greer, South Carolina, United States

Huntington Solutions is a provider of custom-engineered shape-molded and fabricated foam made from expanded polystyrene (EPS), expanded polypropylene (EPP), and other advanced resins. Huntington Solutions was founded in 1992 and is based in Greer, South Carolina.

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