Woodbridge Group Closes Add-on Deal: Automated Packaging Sold to Cloud Packaging Solutions
NEW HAVEN, Conn. (Business Wire EON) November 5, 2007 -- Automated Packaging, Inc., a Winder, Georgia-based contract manufacturer and packager of high-speed liquid filling applications, is a turnkey, one-stop resource for manufacturers, retailers and distributors. In addition, the company's staff chemists and R&D facilities help customers formulate new products.
Woodbridge Group brought Automated Packaging to market in early June of this year and distributed 128 books to interested buyers. Woodbridge Group's multi-channel marketing campaign for Automated Packaging reached over 3,500 prospective financial and strategic buyers.
In announcing the transaction, Kevin Fritzmeyer, President of Cloud commented, "We are extremely pleased to be able to add Automated Packaging to our organization. We see an excellent opportunity for growth based on the market space which Automated Packaging serves and Cloud's history of investment and planned growth."
"Woodbridge Group is keenly aware of the opportunities private equity add-on acquisitions offer and, in this instance, were pleased to present the ideal candidate to Cameron's Cloud Packaging Division," said Ernest Z. Bower, senior vice president of Woodbridge Group.
Woodbridge Group, Inc., an innovative M&A firm, was founded in 1993 to provide divestiture and acquisition services to middle market companies.
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