MPS buys up assets of Ivy Hill Corporation
Multi-Packaging Solutions (MPS) together with Irving Place Capital have announced the completion of the acquisition of certain assets of Ivy Hill Corporation.
MPS is a packaging company serving a number of industries including multi-media, cosmetics, healthcare and horticulture while Ivy Hill is a manufacturer of packaging for multi-media and consumer markets.
Commenting on the deal, Marc Shore, the CEO of MPS, said: “Ivy Hill is a terrific fit for Multi Packaging Solutions. Their leadership over the years has solidly positioned them as one of the foremost suppliers of packaging to the multi-media and consumer markets.”
Meanwhile Arthur Kern, president of Ivy Hill, added: “With our combined capabilities and experienced industry professionals, we can provide total packaging solutions to our customers.”
The terms of the transaction were not revealed.
