# New-Indy Containerboard acquires Proactive Packaging and Display

New-Indy Containerboard, a joint venture of Schwarz Partners and Kraft Group, acquired Proactive Packaging and Display, a corrugated display packaging maker in Ontario, California, on 9 May 2019. Mesirow Financial advised the seller and no financial terms were disclosed.

- Type: Acquisition
- Announced: 2019-05-09
- Where: Ontario, California, United States
- Status: completed
- Capacity: 240,000 sq. ft. facility
- Products: corrugated display packaging, custom packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [New-Indy Containerboard](https://endata.com/companies/1411.md) (acquirer)
- [Proactive Packaging and Display](https://endata.com/companies/1412.md) (target)
- [CK Pearl Fund](https://endata.com/companies/1413.md) (partner)
- [Mesirow Financial](https://endata.com/companies/4195.md) (partner)
- [CK Pearl](https://endata.com/companies/5002.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/mesirow-financial-advises-proactive-packaging-and-display-llc-on-its-sale-to-new-indy-containerboard-llc-300847398.html), 2019-05-09: "Mesirow Financial acted as the exclusive financial advisor to Proactive Packaging and Display, LLC on its sale to New-Indy Containerboard LLC."
- [newswire.ca](https://www.newswire.ca/news-releases/mesirow-financial-advises-proactive-packaging-and-display-llc-on-its-sale-to-new-indy-containerboard-llc-828928091.html), 2019-05-09: "Mesirow Financial acted as the exclusive financial advisor to Proactive Packaging and Display, LLC on its sale to New-Indy Containerboard LLC."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/mesirow-financial-advises-proactive-packaging-and-display-llc-on-its-sale-to-new-indy-containerboard-llc-828928091.html), 2019-05-09: "Mesirow Financial acted as the exclusive financial advisor to Proactive Packaging and Display, LLC on its sale to New-Indy Containerboard LLC."
- [privateequityinternational.com](https://www.privateequityinternational.com/new-indy-acquires-proactive-packaging-and-display/), 2019-05-09: "New-Indy Containerboard LLC, a joint venture between Schwarz Partners LP and Kraft Group LLC, has acquired Ontario, California-based Proactive Packaging and Display."

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