The Jordan Company’s Transilwrap acquires MetPro Group

Transilwrap Company, a converter and manufacturer of specialty film products, has acquired MetPro Group, a supplier of active and protective packaging systems. The Jordan Company acquired Transilwrap in November 2013. Financial terms of the private transaction were not disclosed.

PRESS RELEASE

Transilwrap Company, Inc., a value-added distributor, converter and manufacturer of specialty film products, has acquired MetPro Group, a leading global supplier of active and protective packaging systems. The Jordan Company, a middle-market private equity firm investing through its Resolute Fund III LP, in partnership with the existing management team, acquired Transilwrap in November 2013 as a platform to build a leading global specialty films company. MetPro represents a meaningful first acquisition as Transilwrap expands its geographic and end-market reach while increasing its value-added manufacturing capabilities. Financial terms of the private transaction were not disclosed.
MetPro Group packaging systems protect products from corrosion or physical damage during shipping and storage. The Company utilizes proprietary technology in combination with specialty films and foils to develop products that meet the needs of each customer. MetPro serves a broad range of industrial markets worldwide, including transportation, metals, machinery and equipment, chemical and pharmaceutical. It serves customers in over 30 countries through seven manufacturing facilities, one research and development center, and sales offices in cities across Europe, North America, South Africa, and Asia.
“We are excited by the progress Transilwrap has made since we acquired the Company late last year, and are proud to work alongside Andy Brewer and the entire Transilwrap management team as they execute the strategic plan for the business,” said Mike Denvir, Senior Partner of The Jordan Company. “This acquisition broadens Transilwrap’s already diverse end markets, customers, and products, and allows MetPro to expand the distribution of its products in the North American market through the Transilwrap infrastructure.”
The Jordan Company, founded in 1982, is a middle-market private equity firm with approximately $8 billion of original capital commitments and a 30-year track record of investing in and contributing to the growth of over 100 companies across a wide range of industries including, aerospace and defense, chemicals, metals, consumer products, packaging, energy and telecom.
About Transilwrap
Transilwrap Company Inc., is North America’s premier value-added converter of specialty film products, customizing plastic film structures to provide customers with film materials that meet the needs of each market application. Transilwrap provides specialized manufacturing and converting services including liquid and extrusion coating, select sheet extrusion, and a wide-range of precision converting including slitting, sheeting, magnetic striping, security and specialty printing. Transilwrap serves a diverse customer base for a wide range of end markets including Industrial, Packaging, Security ID, Office Products, Healthcare, Solar and Commercial Printing. Transilwrap is headquartered in Franklin Park, IL and operates eight manufacturing facilities and nine distribution centers throughout North America. For more information, visit www.transilwrap.com or email info@transilwrap.com.
About The Jordan Company
The Jordan Company (www.thejordancompany.com), founded in 1982, is a middle-market private equity firm that manages funds with original capital commitments in excess of $8 billion with a 30-year track record of investing in and contributing to the growth of many businesses across a wide range of industries. The senior investment team has been investing together for over 20 years and they are supported by the Operations Management Group, which was established in 1988 to initiate and support operational improvements in portfolio companies. Headquartered in New York, The Jordan Company also has offices in Chicago and Shanghai.
About MetPro
MetPro Group is a leading global developer of specialty films and foils used in both active and protective packaging. Through its proprietary technology, MetPro manufactures specialty film and foil packaging systems for the preservation and corrosion protection of high-value metal products for a broad range of industrial markets, including transportation, metals, machinery and equipment, chemical and pharmaceutical. MetPro Group operates sales, manufacturing and converting sites worldwide, including locations in Ireland, Scotland, Germany, France, India, Africa and North America. For more information visit www.metprogroup.com.
Contact:
Alex Stanton
Stanton Public Relations & Marketing
(212) 780-0701
astanton@StantonPRM.com

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