Private equity firm Delos Capital has acquired customised and engineered packaging products manufacturer FCA Packaging for an undisclosed sum.
Delos managing partner Matthew Constantino said: "Delos is excited to partner with the FCA management team for the next stage of the company's growth.
"FCA has a long history being a best-in-class provider of comprehensive packaging solutions to its customers.
"We believe this partnership with management will forge a path toward significant growth."
Founded in 1985, FCA supplies a range of highly customised, heavy-duty industrial packaging products and services to many original equipment manufacturers that work for such industries as non-residential construction, heavy duty engines, agriculture, mining and energy.
FCA manufactures custom engineered skids, crates, pallets, boxes, collapsible boxes and other packaging solutions.
FCA initially opened its manufacturing operations in Rock Island, Illinois, US, in 1989.
It opened additional facilities across the country, including operations in Corinth, Mississippi; Princeville, Illinois; Mossville, Illinois; and Lafayette, Indiana, as well as headquarter offices in Moline, Illinois, over the next several years.
FCA president and CEO David Wilsted said: "We are delighted to partner with Delos to continue to grow our business.
"Our customers value the innovative packaging products and solutions we provide and our partnership with Delos will allow us to continue to serve these customers in the way they expect and that adds value to their organisation."
Image: FCA manufactures custom engineered skids, crates, pallets, boxes, collapsible boxes and other packaging solutions. Photo: courtesy of Iamnee / freedigitalphotos.net.