M&A Deal Summary

Industrial Container Services Acquires Twin City Container - IBC and Steel Drum Reconditioning Facilities Distribution Center

On December 4, 2015, Industrial Container Services acquired manufacturer Twin City Container - IBC and Steel Drum Reconditioning Facilities Distribution Center from Twin City Container

Acquisition Highlights
  • This is Industrial Container Services’ 2nd transaction in the Manufacturing sector.
  • This is Industrial Container Services’ 5th transaction in the United States.
  • This is Industrial Container Services’ 2nd transaction in Minnesota.

M&A Deal Summary

Date 2015-12-04
Target Twin City Container - IBC and Steel Drum Reconditioning Facilities Distribution Center
Sector Manufacturing
Buyer(s) Industrial Container Services
Sellers(s) Twin City Container
Deal Type Divestiture

Target

Twin City Container - IBC and Steel Drum Reconditioning Facilities Distribution Center

St. Paul, Minnesota, United States
Twin City Container, Inc. - IBC and Steel Drum Reconditioning Facilities, Distribution Center provides TCC IBC reconditioning facility.

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Buyer(S) 1

Buyer

Industrial Container Services

Montebello, California, United States

Category Company
Founded 2001
Sector Packaging
DESCRIPTION

Industrial Container Services is a provider of reusable container solutions in the United States, providing new and reconditioned steel, plastic, and fiber drums. With 49 facilities across the United States and Canada, ICS collects, reconditions and distributes over 10 million steel, poly and intermediate bulk containers annually and is the only company capable of offering comprehensive services, including pickup and reconditioning of containers of all major packaging types, new container manufacturing and distribution, to customers nationally. Industrial Container Services is based in Montebello, California.


DEAL STATS #
Overall 5 of 13
Sector (Manufacturing) 2 of 3
Type (Divestiture) 2 of 3
State (Minnesota) 2 of 2
Country (United States) 5 of 12
Year (2015) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-12 Cropland Containers

Webster City, Iowa, United States

Cropland Containers, Inc. offers sales, parts and service of new and reconditioned industrial containers, along with superior technical advice.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-31 Bodtker Group - Canadian drum reconditioning

Calgary, Alberta, Canada

Bodtker Group - Canadian drum reconditioning is a drum manufacturing and distribution operations of the Calgary, AB.

Buy -

Seller(S) 1

SELLER

Twin City Container

Hastings, Minnesota, United States

Category Company
Sector Distribution
DESCRIPTION

Twin City Container, Inc. is a premier supplier of reconditioned and new industrial packaging goods and services.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Divestiture) 1 of 1
State (Minnesota) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1