Graham Partners, a private investment firm focused on investing in businesses with proprietary technologies, advanced manufacturing know-how, innovative product development capabilities, and strong growth potential has decided to invest in the thermoformed packaging sector by choosing Nuconic Packaging, LLC located at Vernon, CA. Earlier, Graham Partners have acquired two packaging companies in the same niche area: the Tray-Pak Corporation and EasyPak, LLC.
There is an increasing consumer demand for sustainable packaging options and freshly prepared, on-the-go meals. With the new investment and Nuconic’s innovative approach and customer focus, Graham Partners’ will be able to pursue its strategy to build a nationwide, top tier, mid-sized packaging provider taking Tray-Pak and EasyPak along with it. Nuconic supplies thermoformed polyethylene terephthalate (PET) plastic packaging serving the food market that is a complementary product of EasyPak and Tray-Pak.
Nuconic, with expertise in product and tool design, will offer a combined platform to deliver a wide range of solutions to the market. Nuconic has decided to expand the combined company’s footprint to the West Coast, a potential key growth area.
“Graham Partners is very excited to partner with the Nuconic team, led by industry veteran Alan Franz; the company has experienced strong growth driven by a strategic market focus and strong customer relationships, and we have identified significant synergies due to the expanded geographic coverage and capabilities of the combined platform”, said, Adam Piatkowski, Managing Principal at Graham Partners.
Alan Franz, CEO of Nuconic, added, “The Nuconic team is enthusiastic about our partnership with Graham Partners, and we look forward to the support they will bring to pursue further growth opportunities in this expanding market.”
EasyPak, LLC, headquartered in Leominster, MA, is a leading thermoformed packaging provider focused on serving attractive healthy and natural food categories.