Rand-Whitney officially acquires Specialty Finance & Consulting Corporation
July 17, 2019 – Rand-Whitney Container LLC today announced that it has acquired Specialty Finance & Consulting Corporation (SF&C) located in Red Lion, Pennsylvania. SF&C specializes in the manufacturing, warehousing and distribution of corrugated sheets, corrugated packaging, and related products and services. This acquisition includes Specialty Industries, Inc., NuPak Printing, LLC and Krafcor Industries, Inc. SF&C has been in the corrugated business for more than 40 years and has earned a reputation as a high-quality manufacturer with a focus on customer service.
Rand-Whitney issued the following statement: “SF&C’s long standing history of providing high quality packaging solutions coupled with excellent customer service makes it a perfect fit with the Rand-Whitney service model. The acquisition of SF&C expands Rand-Whitney’s footprint into the Mid-Atlantic region where we will continue to invest in incremental capabilities in order to provide even more value to the SF&C customers in the future.”
Rand-Whitney’s buy-side transaction advisor was G2 Capital Advisors, LLC (G2) which continues to execute Rand-Whitney’s long-term growth initiative. G2 sees significant opportunity for additional partnerships between Rand-Whitney and independent corrugated packaging companies across the U.S. For more information about G2, please visit www.g2cap.com.
About Rand-Whitney
Rand-Whitney, based in Worcester, Massachusetts, is the largest independent corrugated manufacturer in New England. The company operates from multiple facilities and can assist with a wide range of packaging needs, covering engineering, design, testing, fulfillment and real-time information processing. Rand-Whitney services customers in the medical, food and beverage, electronics, aerospace, industrial products and consumer goods industries. The company is 100 percent-owned and operated by the Kraft Group. For more information, please visit randwhitdev.wpengine.com.
About The Kraft Group
The Kraft Group, headquartered in Foxborough, Massachusetts, is the holding company for the Kraft family’s various businesses, with concentrated interests in five areas: paper and packaging manufacturing and the distribution of forest products; sports and entertainment; real estate and development; private equity investing and philanthropy. Together, the Rand-Whitney Group and International Forest Products conduct business in more than 100 countries and form one of the largest privately-owned paper, packaging and distribution companies in the world, trading more than 4 million tons of pulp and paper grades annually. The Kraft Group’s sports and entertainment division features Gillette Stadium, New England’s premier concert and entertainment venue and home to the National Football League’s six-time Super Bowl champion New England Patriots and Major League Soccer’s New England Revolution. For more information, visit www.thekraftgroup.com.
About Specialty Finance & Consulting Corporation
Specialty Finance & Consulting Corporation (SF&C) is located in Red Lion, Pennsylvania. SF&C is in the business of manufacturing, warehousing and distributing corrugated sheets, corrugated packaging, and related ancillary products and services.