CORE Industrial Partners Furthers Its Investment Thesis into Folding Carton Packaging Sector with the Acquisition of General Converting
CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today it has completed the acquisition of General Converting (the “Company”), a provider of premium folding cartons for well-known brands in the food, confectionery, and consumer markets.
- CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today it has completed the acquisition of General Converting (the “Company”), a provider of premium folding cartons for well-known brands in the food, confectionery, and consumer markets.
- Founded in 1982, General Converting is acclaimed for its quality, exceptional service, extensive technical expertise and robust in-house capabilities.
- The combination of General Converting and CORE’s recent investment in Century Box forms a new platform in the folding carton space.
- Frank Papa, Senior Partner at CORE and Chairman of the Board, said, “The acquisition of General Converting aligns with our strategy to build a folding carton packaging platform serving attractive end markets with a customer-centric approach.