Itasca, IL, November 8th, 2021 – Advanced Converting Works (ACW), the leading producer of specialty pouches for food, healthcare, household and pet markets, today announced the acquisition of Hamilton, Ohio – based Bag Pack Inc.
ACW, headquartered in Itasca, IL, is a leading solutions provider in the flexible packaging converting industry. The firm operates three FSSC 22000 certified manufacturing facilities in Itasca, IL (Phoenix Converting), Green Bay, WI (Valley Packaging Supply), and Franklin, WI (Precision Color Graphics). Tracing its legacy back for more than 40 years, the ACW family of companies is focused on providing world class quality products and services to leading customers in their targeted market segments.
Bag Pack, Inc., headquartered in Hamilton, Ohio, has more than 33 years of experience producing specialty bags and pouches for food, security, and retail applications. It is a market leader in producing security bags and customized polyethylene mailer bags as well as a converter of pouches. They are well known for providing high levels of service and providing innovative solutions for their targeted customers.
Scott Myers, CEO of ACW said, “We are excited to engage the dedicated team at Bag Pack with the ACW family – we knew that our businesses were well aligned from our very first meeting. Our goal is to leverage Bag Pack’s unique capabilities to provide value added flexible packaging solutions to new and existing customers.”
Steve Dreyer, President of Bag Pack Inc said, “I am very proud of the business that we have built over the past 33 years. We are excited to partner with ACW and are happy to have found a partner that is aligned with our corporate values and the ability to accelerate our growth.”
Brady Ware Capital acted as the exclusive financial advisor to Bag Pack, Inc. in connection with the sale of the Company. Brady Ware Capital assists buyers and sellers in navigating the complexities of M&A transactions. With over 150 years of combined experience, BWC has a wide range of capabilities and expertise including sell-side merger and acquisition, business brokerage services, buy-side strategy and execution, and capital raising.