Latest News
MSI Express Acquires PacMoore Products´ Co-Manufacturing and Co-Packing Facility
Wednesday 27 October 2021

Indiana, US-based contract packaging and contract manufacturing services, MSI Express has acquired select operating assets from Indiana-based co-manufacturing and co-packaging services provider PacMoore Products, Inc, the company said.

PacMoore represents the third add-on acquisition for MSI following HCI's initial investment in 2018.

Financial terms were not disclosed.

The deal adds capacity and operating capabilities for MSI's rapidly growing customer needs. The broader PacMoore company is being sold to another buyer who views this operation as non-core to the rest of the company's ingredients business.

Holland and Knight served as legal counsel to MSI Express. Craig-Hallum Capital Group LLC acted as financial advisor to PacMoore on the transaction.

MSI Express, backed by HCI Equity Partners, provides contract packaging and contract manufacturing primarily of CPG brands in the liquid and dry food space.

MSI Express' core capabilities include dry mixing and blending, flexible pouches and sachets, liquid blending and filling, standcap pouching, canister filing, lidding, cup filling and pet food filling.
Details
Date Published: 27/10/2021

Options