WS Packaging CEO Dean Wimer will remain with the company to lead the business.
The company, which primarily markets pressure-sensitive labeling products, is one of North America's leading label converters, providing innovative packaging, shopper promotion and branding solutions that help its customers increase shelf impact, brand consistency and shopper engagement for the products they sell to end consumers.
Platinum Equity Principal Jason Price said he is excited about WS Packaging Group’s prospects as part of Platinum Equity’s portfolio. “WS Packaging Group has great potential, and we look forward to working closely with the company’s management team, customers, suppliers, and other stakeholders,” says Price. “We believe it will benefit from our operational resources and our ability to help identify and pursue new avenues for growth.”
Platinum Equity has considerable experience in the packaging sector and recently owned Mactac, one of WS Packaging Group’s suppliers of pressure-sensitive materials.
“We thank the team at J.W. Childs Associates for the guidance and support of the business under its ownership. We’re excited to work with Platinum Equity, who brings a fresh perspective, with new energy and focus to the table,” says Wimer. “They know our industry well and have the operational and financial resources we need to help maximize our company’s potential.”
More info: www.wspackaging.com/