D&W Fine Pack® Acquires Major Foodservice Manufacturer Jet Plastica Industries
FOUNTAIN INN, S.C., April 19, 2012 /PRNewswire/ -- D&W Fine Pack LLC, a leader in the foodservice packaging industry and a portfolio company of Mid Oaks Investments LLC, is pleased to announce the acquisition of the equipment and inventory of Jet Plastica Industries.
Jet Plastica manufactures plastic cutlery, straws, stirrers and meal kits for a broad array of leading foodservice customers. Serving the market for over 40 years, it operates two manufacturing facilities in Hatfield, Pennsylvania, and Fowler, California. D&W Fine Pack will continue operations in both plant locations.
"We are pleased to be joining forces with the Jet Plastica team," noted Mark Staton, President and Chief Executive Officer, D&W Fine Pack. "There are tremendous synergies between our product offerings, and we look forward to serving our new customers and providing an expanded suite of products to the market."
About D&W Fine PackD&W Fine Pack, a Mid Oaks Investments portfolio company, is among the largest foodservice packaging companies in North America. Offering a broad line of foodservice and food packaging, including tableware, containers, cutlery, straws and meal kits, the company continues its commitment to expansion and customer responsiveness through the development of unique and innovative packaging and material solutions across all major substrates used in the industry. As a committed leader in sustainability, D&W prides itself on helping the industry evolve to meet changing market demands while promoting packaging using sustainable materials and methods. For more information on D&W Fine Pack and its products, visit www.dwfinepack.com. About Mid Oaks Investments LLC Founded in 1986 and located in Buffalo Grove, Ill., Mid Oaks is a private investment firm that invests its own capital in businesses with an aim of building value over the long term. Its principals have substantial operating, financial and general management experience with a long history of success in the support of its portfolio companies. For more information, visit www.midoaks.com. SOURCE D&W Fine Pack
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