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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.
Proactive Packaging and Display LLC, a portfolio company of CK Pearl Fund, was sold to New-Indy Containerboard LLC, a joint venture of Schwarz Partners and Kraft Group.