Container Services, Inc. Acquires Apex Plastics and Forms FirmaPak, Led by Rob Goldberg
Gracie Gottlieb | 29 January, 2024
Container Services, Inc. (CSI), a leading custom blow molder, has announced its acquisition of Apex Plastics, a custom blow molder serving the beverage and household industries. Along with the acquisition, CSI has formed FirmaPak, a platform of customer-focused blow molders, which will be led by Rob Goldberg as the Chief Executive Officer (CEO).
FirmaPak, backed by Shore Capital Partners, aims to bring together local manufacturers like CSI and Apex to better serve customers in different end-markets and geographies. While each company will continue to operate under its own name, they will function as part of the FirmaPak platform. The platform represents a commitment to quality, customer service, and innovation, which are core values upheld by both CSI and Apex.
Goldberg, a seasoned packaging executive, will be leading FirmaPak as CEO. He brings with him extensive experience in the packaging industry, including his tenure as the Global Executive Vice President of Corporate Development and Strategy at Berlin Packaging. Goldberg's strategic thinking and industry network make him a valuable asset to propel FirmaPak's growth trajectory.
The addition of Apex to the FirmaPak platform is seen as a significant development in expanding the combined customer base and resources available for product innovation. Damon Neff, President of Apex, will continue to lead the company under the FirmaPak platform, collaborating closely with Goldberg and Brent Driggers, President of CSI.
The strategic partnership between CSI and Apex will accelerate growth across the United States and Canada. Their complementary manufacturing capabilities, geographies, and end markets will enable them to better serve their customers. FirmaPak is committed to making significant investments in personnel, facilities, and production capabilities, with a focus on partnering with plastic packaging manufacturers that share their customer-first approach.
FirmaPak's vision is to provide customers with the benefits of size and scale while maintaining the personal touch that smaller companies offer. The goal is to combine the strengths and expertise of CSI and Apex to deliver quality packaging solutions to a diverse customer base.
To learn more about FirmaPak, please visit their website or contact Ryan Drews, VP of Strategic Initiatives.
About FirmaPak:
FirmaPak is a growing platform of customer-focused blow molders. It includes Container Services, Inc. with facilities in Hillsboro, Kansas, and New Castle, Pennsylvania, as well as Apex Plastics with a facility in Brookfield, Missouri. FirmaPak offers single-stage and two-stage custom PET and extruded HDPE packaging solutions. Backed by Shore Capital, FirmaPak is guided by a world-class Board of Directors with extensive experience in packaging, manufacturing, and private equity.
About Container Services, Inc.:
Container Services, Inc. is a plastics blow molder specializing in two-stage custom PET and extruded HDPE packaging solutions. With facilities in Hillsboro, Kansas, and New Castle, Pennsylvania, CSI has expertise in working with post-consumer recycled plastic resins.
About Apex Plastics:
Apex Plastics is an ISO 9001:2015 certified plastics blow molder based in Brookfield, Missouri. The company specializes in single-stage custom PET and extruded HDPE packaging solutions primarily for the food and beverage, household, and automotive industries. Apex Plastics is known for its world-class quality management system and short lead times for small-to-medium production runs.
About Shore Capital Partners:
Shore Capital Partners is a private equity firm with offices in Chicago and Nashville. The firm invests in microcap companies in various industries, including healthcare, food and beverage, business services, industrial, and real estate. Shore's strategy is to support management partners through capital, operational resources, and networking to accelerate growth and generate value for shareholders. With over $6 billion of assets under management, Shore has been recognized as a top founder-friendly investor and a leader in total deal volume among US private equity firms.
In conclusion, the acquisition of Apex Plastics by Container Services, Inc. and the formation of FirmaPak under the leadership of Rob Goldberg as CEO mark an important milestone in the packaging industry. The collaboration between CSI and Apex, supported by Shore Capital Partners, will enhance their capabilities and enable them to better serve their customers with quality packaging solutions.
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