ST. LOUIS--(BUSINESS WIRE)--
Cloud Packaging Solutions LLC ("Cloud"), a portfolio company of Cameron
Holdings Corporation, is pleased to announce the acquisition of Toll
Packaging Group, LLC ("Toll Packaging") located in Gibson City, IL. Toll
Packaging is a full service contract packager of food and consumer
products. Details of the transaction were not disclosed.
Kevin Fritzmeyer, President of Cloud, commented, "We are extremely
pleased to be able to add Toll Packaging to our organization. Toll
Packaging's mid-speed packaging expertise compliments Cloud's
capabilities and opens up significant growth opportunities for both
companies." Gerry Donley, President of Toll Packaging, added, "We are
excited to become a part of Cloud. Cloud shares the same commitment to
quality and service as Toll Packaging and we believe Cloud will provide
the best opportunities for our employees and customers."
Cloud provides a full range of flexible packaging solutions in the food
& nutrition, consumer, industrial, OTC & Rx pharmaceutical and personal
care industries. Cloud also designs and manufactures high-speed
packaging equipment, developing cutting edge solutions for packaging
machinery based on continuous-motion horizontal form-fill-seal (HFFS)
technology. Cloud, directly and through its subsidiaries Span Packaging
Services, Multi-Pack, Automated Packaging and now Toll Packaging is
currently able to provide the following packaging services and
solutions; (1) single-use packettes, sachets and pouches containing
either towelettes, wipes, liquids, lotions, powders, or tablets, (2)
tubes (plastic or laminate) containing creams, pastes and ointments, and
(3) rigid containers such as bottles, jars and canisters containing
liquids, creams, and non-woven wet and dry wipes.
Cameron Holdings Corporation is a private equity group located in San
Diego, California and St. Louis, Missouri that specializes in the
acquisition and operation of middle market manufacturing and industrial
service companies. Since its beginning in 1978, Cameron has developed a
long and successful track record of completing 33 transactions with an
aggregate transaction value in excess of $1.0 billion.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6042548&lang=en
Cloud Packaging Solutions, LLC
Kevin Fritzmeyer, President,
314-984-0700
kfritzmeyer@cloudps.com
or
Cameron
Holdings Corporation
Brian Lovett, Vice President, 314-984-0700
blovett@cameron-holdings.com
or
Websites:
www.cloudps.com
www.cameron-holdings.com
www.tollpack.com
Source: Cloud Packaging Solutions, LLC
<<Business Wire -- 09/04/2009>>