# Max Solutions acquires Ellis Group folding carton maker

Max Solutions acquired Ellis Group, a family-owned folding carton packaging manufacturer based in Pickering, Ontario, in September 2022. Terms were not disclosed.

- Type: Acquisition
- Announced: 2022-09-01
- Where: Pickering, Ontario, Canada
- Status: completed
- Products: folding cartons, product packaging

## Companies

- [Max Solutions](https://endata.com/companies/9749.md) (acquirer)
- [Ellis Group](https://endata.com/companies/9750.md) (target)
- [Jefferson Capital](https://endata.com/companies/9765.md) (investor)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/ellis-group), 2022-09-30: "In September 2022, Ellis Group was acquired by Max Solutions. the terms of the transaction were not disclosed."
- [privateequityinternational.com](https://www.privateequityinternational.com/jefferson-capital-backed-max-solutions-buys-ellis-group/), 2022-10-04: "Ellis Group is Canada's largest family owned and operated folding carton company."
- [canadianpackaging.com](https://www.canadianpackaging.com/general/max-solutions-buys-canadian-folding-carton-company-ellis-group-172815/), 2022-10-05: "Differentiated specialty packaging company Max Solutions has acquired Canadian folding-carton company Ellis Group for an undisclosed sum."

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