Polyair Inter Pack Inc.
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Polyair Inter Pack Inc. - overview
Established
1968
Location
Toronto, ON, Canada
Primary Industry
Packaging
About
Polyair Inter Pack Inc. specializes in innovative protective packaging solutions that secure products during transit and storage, focusing on efficiency, sustainability, and customer needs. Founded in 1968 in Toronto, Canada, Polyair Inter Pack Inc. provides protective packaging solutions.
The company was acquired in July 2018 by Intertape Polymer Group Inc. for CAD 192 million. CEO Gary Tessitore leads the company, emphasizing its commitment to innovation. Polyair Inter Pack Inc.
offers a variety of protective packaging products, including the AirSpace A3 Pro machine that creates air pillows and bubble wraps on demand, and Chill-R insulated shipping materials for temperature-sensitive goods. Additionally, they provide Curby Fragile Wrap, an eco-friendly cushioning solution tailored for various industries like e-commerce and food processing, serving a broad client base across North America and Europe. In the most recent fiscal year, Polyair Inter Pack Inc. reported a revenue of CAD 99,246,000 and an EBITDA of CAD 10,564,000, indicating a structured B2B transaction model focused on protective packaging solutions.
Following the acquisition by Intertape Polymer Group in July 2018, Polyair Inter Pack Inc. aims to leverage the new investment to expedite the development of innovative products. The company is strategizing to expand its market presence particularly in North America and Europe, with initiatives expected to roll out by the end of 2023 to enhance its product offerings and operational efficiencies.
Primary Industry
Packaging
Sub Industries
Packaging
Website
www.polyair.com
Verticals
Manufacturing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Polyair Inter Pack Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Polyair Inter Pack Inc. | - | ||||||||
| PIPE | Completed | Polyair Inter Pack Inc. | - |
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