Pluto Corporation
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Pluto Corporation - overview
Established
1963
Location
-, IN, US
Primary Industry
Packaging
About
Pluto Corporation is a contract packaging company that specializes in providing comprehensive solutions for household cleaning products, focusing on custom packaging and production services to meet diverse client needs. Established in 1963 and headquartered in the US, Pluto Corporation specializes in the contract packaging of household cleaning products. In January 2018, it was acquired by Derby Supply Chain Solutions, a portfolio company of Hyde Park Holdings LLC. The company has completed a total of 1 deal since its inception.
Pluto Corporation specializes in the contract packaging of household cleaning products, focusing on in-house capabilities such as blow molding, mixing, blending, bottling, and packaging. The company offers a broad range of specialty cleaning products, with container sizes ranging from 3. 5 ounces to 136 ounces, catering to diverse consumer needs and preferences. Their operational flexibility allows for variable production volumes, including shorter production runs and frequent changeovers, which meet the demands of both large and small clients.
Pluto’s client base includes manufacturers and retailers in the household cleaning sector, serving end users who prioritize quality and safety in cleaning products. The company operates across several geographical markets, including North America and select international locations, facilitating a wide distribution network to support their clientele. Pluto Corporation generates revenue through B2B transactions primarily with manufacturers and retailers in the household cleaning industry. The company structures its transactions around contract agreements that detail the production and packaging of customized cleaning products, which may include proprietary formulations or client-branded items.
Due to Pluto's service offerings, clients can engage in long-term partnerships for ongoing production needs or opt for one-time contracts for specific product runs. Pricing models are determined based on production volume, customization requirements, and logistical support, allowing flexibility to cater to different clients. The company's flagship services include comprehensive in-plant services that encompass the entire supply chain process, from raw material handling to final product distribution, ensuring that clients' needs are met efficiently and effectively. Going forward, Pluto Corporation plans to innovate its product line with new specialty cleaning items expected to launch in 2023.
The company is targeting expansion into new markets within Europe and Asia by 2025. Recent funding from the acquisition in January 2018 will be utilized to support these initiatives, enabling the company to enhance its production capabilities and expand its operational reach.
Current Investors
Hyde Park Holdings LLC, Derby Supply Chain Solutions
Primary Industry
Packaging
Sub Industries
Freight Transportation Services, Packaging
Website
www.plutocorp.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Pluto Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Pluto Corporation | - |
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