LOOKING TO SELL
The company provides a wide range of in-stock gauges of flexible plastic films. In addition to plastic film distribution and conversion, the Company provides precision and custom high speed slitting, and custom sheeting and square cutting.
INDUSTRY
- Flexible plastic films used in the food packaging industry
- Geographic Region: Canada
- Acquisition of a niche converter and distributor of plastic films, papers and foils.
KEY BENEFITS
- Well-known brand in the industry established through strong relationships with customers and vendors.
- Reputation for providing quality products and services resulting in long-term repeat customers.
- The company is certified by the American Institute of Baking (AIB) and its plastic films are FDA and CFIA approved for contact with food.
- Expertise in providing customized products and specialty custom projects which larger competitors don’t pursue.
- Experienced and skilled management team.
- Utilizes North American vendors allowing for smaller purchase amounts and shorter shipment times compared to international vendors.
- Due to the impact of COVID -19, many smaller companies in the industry have either gone out of business or been acquired by the larger player, creating opportunities for this company.
FINANCIALS
- Revenue in the $3 million to $4 million range
- Adjusted EBITDA ~ $700K – Consistently profitable
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