DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Flex-Pak Packaging Products, Inc. to Vonco Products LLC. The acquisition closed December 31, 2021.
Flex-Pak Packaging Products, (Flex-Pak) located in Batavia, Illinois, provides world-class flexible barrier packaging and sterile barrier DuPont™ Tyvek® pouches for leading consumer and healthcare organizations.
Located in Trevor, Wisconsin, Vonco Products (Vonco), is a risk-free turnkey contract manufacturer of liquid-tight medical fluid devices and health and hygiene spouted stand up pouches. Vonco provides fast custom design for the ‘craziest’ of liquid tight bags with unique shapes, fitment insertions and assembly of unsupported or laminated films, and now medical grade sterile barrier pouch solutions.
With more than 60 years of experience, the Company has the flexibility to design and develop bags in a fraction of the time to increase speed-to-market, lower costs and improve returns on investment.
“Vonco is on a mission to create more value for healthcare devices and consumer products while reducing risk for our customers,” said Keith Smith, CEO of Vonco. “This acquisition puts Vonco in a very unique space of providing risk-free turnkey contract manufacturing of devices, packaging, and sterilization management, streamlining the supply chain for our customers.”
Flex-Pak has a long history of creating value and reducing risk by providing healthcare and consumer customers with specialty, flexible barrier packaging and medical grade sterile barrier DuPont™ Tyvek® solutions. With Vonco’s recent acquisition of McFarlane Medical’s assembly solutions, and now Flex-Pak’s expertise, clients can expect even greater value in terms of support and service, with the added benefit of increased capabilities, expanded offerings, and access to the brightest minds in the industry.
“At Flex-Pak, we’ve always placed great value on coupling innovation with excellent customer service,” said William Reimann, president, of Flex-Pak. “We’re excited to select an innovative company like Vonco to add our barrier solutions and DuPont™ Tyvek® pouches to their impressive line of contract manufacturing services.”
“We’re delighted to broaden our risk-free turnkey contract manufacturing capabilities,” said Smith. “For example, many flexible pouches used in healthcare are made with medical grade sterile barrier pouch solutions. This acquisition supports our mission statement that we care more, by making it possible for Vonco to provide the highest-level of barrier, and sterile barrier protection for our customers.”
Tyvek and the DuPont Oval Logo are trademarks or registered trademarks of affiliates of DuPont de Nemours Inc.
Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss and his team led by Managing Director, Mergers & Acquisitions, Jerry Yocum, with support from Managing Director, Mergers & Acquisitions, Ryan Johnson successfully closed the deal.
“Both of these companies had significant synergies in markets and manufacturing capabilities which made our client a strong fit,” said Yocum.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 250 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
