The Halifax Group, Washington, D.C., completed an investment to recapitalize Prairie Industries, Inc., Prairie du Chien, Wis., and Nu-Pak, Inc., Boscobel, Wis., to expand its presence in contract packaging.
Prairie Industries provides services for products in a variety of end markets, including safety, sanitation, and humidity control. The division also offers primary packaging and secondary packaging services as well as assembly and fabrication services at its four facilities.
Nu-Pak operates three state-of-the-art foodservices facilities, focusing on ready-to-eat and healthy snack foods and products.
"As consumer product companies continue to outsource their increasingly complex packaging and manufacturing needs, there is a growing demand for the high-quality services offered by Prairie Industries and Nu-Pak. As part of an active, thesis-driven search process, we have evaluated businesses in the sector for several years, and believe that this business sets itself apart through its specialized offerings, flexible service model, superior customer service and best-in-class product quality and food safety," says Scott Plumridge, partner at Halifax.
"Halifax has demonstrated that it can be a valuable strategic partner to us as we seek to expand and grow our business," adds Jim Hutchison, founder and CEO of Halifax. "Their strategic and financial support will allow us to meet the outsourced packaging and manufacturing needs of our great customers while still maintaining our world class safety and compliance records."
"Jim and president Jeff Panka, supported by an excellent team, have built an impressive platform, and we are excited to work together to execute our shared strategy for success," adds David Calder, principal at Halifax.