# Altor Solutions to acquire Lifoam Industries for $137M

Compass Diversified subsidiary Altor Solutions agreed to acquire Lifoam Industries, a temperature-controlled packaging maker with seven US plants, for an enterprise value of $137 million in cash, announced August 19, 2024.

- Type: Acquisition
- Announced: 2024-08-19
- Where: Greer, South Carolina, United States
- Value: $137.0M
- Status: announced
- Products: thermal shippers, refrigerant gel packs

## Companies

- [Altor Solutions](https://endata.com/companies/12168.md) (acquirer)
- [Lifoam Industries](https://endata.com/companies/12169.md) (target)
- [Compass Diversified](https://endata.com/companies/12170.md) (investor)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2024/08/19/2932066/0/en/compass-diversified-backed-altor-solutions-to-acquire-lifoam-industries.html), 2024-08-19: "Altor Solutions (“Altor”)... today announced it has entered into a definitive agreement to acquire Lifoam Industries, LLC"
- [bizjournals.com](https://www.bizjournals.com/stlouis/news/2024/08/30/altor-solutions-to-acquire-lifoam-industries.html), 2024-08-30: "Arizona-based packaging company Altor Solutions, which this fall plans to move its headquarters to St. Louis, has agreed to acquire Lifoam Industries LLC, for $137 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.