Divestiture • Packaging

LBP Manufacturing Acquires Dominion Packaging - Quick-Service Restaurant Business

On November 13, 2018, LBP Manufacturing acquired packaging company Dominion Packaging - Quick-Service Restaurant Business from Dominion Packaging

Acquisition Context
  • This is LBP Manufacturing’s 1st transaction in the Packaging sector.
  • This is LBP Manufacturing’s 1st transaction in the United States.
  • This is LBP Manufacturing’s 1st transaction in Virginia.

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M&A Deal Summary

Date November 13, 2018
Target Dominion Packaging - Quick-Service Restaurant Business
Sector Packaging
Buyer(s) LBP Manufacturing
Sellers(s) Dominion Packaging
Deal Type Divestiture

Target Company

Dominion Packaging - Quick-Service Restaurant Business

Richmond, Virginia, United States
Dominion Packaging, Inc. - Quick-Service Restaurant Business operates out of a 245,000-square-foot manufacturing facility producing fry cartons, meal boxes, pie cartons, and other products for leading quick-service restaurant brands.
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Buyer Overview 1

Buyer

LBP Manufacturing

Cicero, Illinois, United States

Category Company
Founded 2001
Sector Packaging
DESCRIPTION

LBP Manufacturing, Inc. is a provider of innovative, sustainable food and beverage packaging solutions. LBP Manufacturing was founded in 2001 and is based in Cicero, Illinois.


Deal Context for Buyer #
Overall 1 of 2
Sector: Packaging 1 of 2
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 2
Year: 2018 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-31 Union Packaging

Yeadon, Pennsylvania, United States

Union Packaging LLC is a producer of food packaging to leading global quick service restaurants. Philadelphia-based, Union Packaging’s capabilities include designing, printing, manufacturing, and shipping folding cartons, box packaging, and disposable food containers.

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Seller Profile 1

SELLER

Dominion Packaging

Richmond, Virginia, United States

Category Company
Founded 2004
Sector Packaging
DESCRIPTION

Dominion Packaging, Inc. is a producer of folding carton products to the tobacco, beverage and food markets. Dominion Packaging is one of the few non-vertically integrated packaging companies remaining in the U.S. and prides itself by competing through world-class technology and innovation. The company was founded in 2004 and Located in Richmond, Virginia.


Deal Context for Seller #
Overall 1 of 1
Sector: Packaging 1 of 1
Type: Divestiture 1 of 1
State: Virginia 1 of 1
Country: United States 1 of 1
Year: 2018 1 of 1