New-Indy reached an agreement with Georgia-Pacific to acquire Reliable Container, which has facilities in Santa Fe Springs, California and Tijuana, Mexico. The units will join New-Indy's Tripaq-Group converting operations on the West Coast.
New-Indy JV Corp. agreed to acquire Reliable Container from Georgia-Pacific, adding facilities in Santa Fe Springs, California and Tijuana, Mexico that make custom corrugated containers and point-of-purchase displays. The transaction was expected to close in mid-October 2020.
New-Indy JV Corp. acquired Proactive Packaging and Display, a corrugated packaging and display producer in Ontario, California, closing the deal on May 1, 2019. Financial terms were not disclosed.
New-Indy JV Corp., a joint venture of the Kraft Group and Schwarz Partners, acquired triPAQ, which makes custom corrugated packaging at plants in Cerritos, Santa Ana and Mexicali. 555 Capital Advisors was the exclusive financial advisor on the deal.