Multi Packaging Solutions Announces Acquisition of Great Western Industries
February 13, 2008
Multi Packaging Solutions, Inc. (“MPS”), a specialty print and packaging company, and a portfolio company of Bear Stearns Merchant Banking (“BSMB”), today announced that it has completed the acquisition of Great Western Industries (“GWI”).
Great Western Industries, headquartered in Dallas, TX, is a leading supplier of print and packaging to the Cosmetics, Fragrance, Consumer, and Media markets. The acquisition provides GWI with resources that will be used to expand the business and offers MPS complementary technology and capacity to support its growing customer base. Terms of the transaction were not disclosed.
Marc Shore, Chief Executive Officer of MPS commented, “Great Western Industries has a diverse range of capabilities and technologies that enhances our ability to deliver on our promise to customers of total packaging solutions. We look forward to working with their extremely talented management team.”
Brian Mason, Chief Executive Officer of Great Western Industries stated, “We are excited about this next phase of our growth. Our goal is to build the combined companies into a preeminent provider of value-added products and services for our target markets.”