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Insulated Styrofoam Shipping Boxes Market to Record CAGR of 9% and Increase in Revenue during 2021-2031

Insulated Styrofoam Shipping Boxes Market to Record CAGR of 9% and Increase in Revenue during 2021-2031
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Insulated Styrofoam Shipping Boxes Market to Record CAGR of 9% and Increase in Revenue during 2021-2031

Insulated Styrofoam Shipping Boxes Market to Record CAGR of 9% and Increase in Revenue during 2021-2031
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Wynnchurch Capital Acquires Insulation Corporation of America

Wynnchurch Capital Acquires Insulation Corporation of America
01/07/2021 | 08:36am EDT
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Wynnchurch Capital, L.P. (“Wynnchurch”) announced today that it has acquired Insulation Corporation of America (“ICA” or the “Company”). ICA is a manufacturer of expanded polystyrene (“EPS”) foam products for applications including building insulation, infrastructure construction, packaging, cold chain and other applications across the northeastern U.S. ICA will unite under one platform with Drew Foam Companies, Inc. (“Drew”) and Huntington Foam, LLC (“Huntington”), both Wynnchurch portfolio companies.
Paul Ciolino, Partner at Wynnchurch, said, “The acquisition of ICA is a natural fit with Drew and Huntington and will strengthen our platform by expanding its reach into new, unserved markets. We believe ICA has a very bright future and are excited to support the Company’s future growth.” ....

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Private equity firm Wynnchurch Capital acquires Huntington Foam - Canadian Plastics

Private equity firm Wynnchurch Capital acquires Huntington Foam
Greer, S.C.-based Huntington Foam will be combined with EPS product maker Drew Foam Companies, which is also owned by Wynnchurch.
December 30, 2020
Canadian Plastics
Private equity company Wynnchurch Capital LP has acquired Huntington Foam LLC – a manufacturer of expanded polystyrene (EPS); high and low-density expanded polypropylene; and arcel, a polyethylene and EPS copolymer – and will combine it with Drew Foam Companies Inc., another Wynnchurch portfolio company.
The financial terms of the deal have not been disclosed.
“Huntington is highly regarded across the industry as a market leader in providing custom foam fabricating solutions to a wide range of end markets,” Frank Hayes, managing partner at Wynnchurch, said in a Dec. 29 news release. “The partnership between Huntington and Drew will drive significant benefits for their respective customer bases. ....

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Wynnchurch Capital Acquires Huntington Foam - Press Release

Wynnchurch Capital Acquires Huntington Foam - Press Release
digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.

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