McNairn Packaging, Inc.

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McNairn Packaging, Inc. - overview

Established

1882

Location

Westfield, MA, US

Primary Industry

Packaging

About

McNairn Packaging, Inc. specializes in manufacturing a variety of food packaging products designed for sectors such as food service, supermarkets, and food processing, ensuring effective storage and safety for food products. Founded in 1882, McNairn Packaging, Inc. is headquartered in Westfield, US.


The company produces food packaging solutions and has undergone changes in strategy over its long history. The current CEO, Ken Miller, leads the firm, which has been involved in one deal, with the most recent acquisition by AmerCareRoyal, LLC occurring on November 26, 2019. Financial terms of this deal were not disclosed. McNairn Packaging specializes in the manufacture of a diverse array of food packaging products tailored for key sectors including food service, supermarkets, bakeries, and food processing.


Their main offerings include pan liners, bakery tissues, bags, and wraps, designed to enhance operational efficiency and maintain product integrity. These products provide effective solutions for food storage, presentation, and safety and are widely utilized by North America's largest food processors, reinforcing McNairn Packaging's role in the food packaging industry. The revenue structure of McNairn Packaging is primarily driven by direct sales to bulk consumers in the food processing and retail sectors. Transactions occur through B2B partnerships where clients, such as supermarkets and food service businesses, procure packaging solutions in sizable volumes.


The company engages in contract-based agreements, establishing pricing frameworks that may include tiered pricing based on order volume. Key products, including Natural Kraft Paper Baking Cups and various types of bakery tissues, serve as critical revenue drivers within their portfolio. While specific pricing details are undisclosed, the structured nature of transactions emphasizes McNairn Packaging's commitment to providing value and reliability to its customers. McNairn Packaging aims to enhance its product line with upcoming launches of innovative packaging solutions designed for efficiency in food processing and retail.


The company is also exploring expansion into new markets, particularly targeting regions within Canada and the northern United States by late 2022. The recent acquisition by AmerCareRoyal, LLC in November 2019 is expected to facilitate these growth initiatives by providing additional resources and strategic alignment.


Current Investors

AmerCare, Inc.

Primary Industry

Packaging

Sub Industries

Packaging

Website

www.mcnairnpackaging.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

McNairn Packaging, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMcNairn Packaging, Inc.-

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