Jones Healthcare Group, an Ontario-based healthcare packaging company, acquired an operating thermoforming facility and related assets in Brampton, Ontario, previously owned by good natured Products, to add in-house production of custom-formed packaging components.
good natured Products signed a two-year contract to supply GoodGuard tamper-evident Bio-PET packaging to a regional US snack food producer, produced at its Houston, Texas facility. Revenue of about USD 1.2 million is expected in the first year, with first shipment in Q3 2023.
Good natured Products signed a three-year commercial contract with a large U.S. food producer to supply packaging made from Bio-PET-based material and recycled content, produced at its Ontario and Illinois facilities.
good natured Products signed a three-year contract to supply a large U.S. food producer with Bio-PET-based packaging designs made at its Ontario and Illinois facilities, expected to generate about USD 13 million in first-year revenue.
good natured Products Inc. entered a definitive agreement to acquire the business and operating assets of FormTex Plastics Corporation, a Houston custom plastic packaging manufacturer, for $4.8 million USD cash, subject to closing adjustments.
Good Natured Products agreed to acquire Shepherd Thermoforming & Packaging, a custom thermoforming provider in Brampton, Ontario, for C$9.5 million. BDC is providing financing, including a C$6 million mortgage for the real estate, and the deal is expected to close in May 2020.