Established in 1995, JPM has expertise in the production of 100% recycled medium, corrugated sheets and digitally printed corrugated packaging

Corrugated

H.I.G. Capital has completed the acquisition of corrugated packaging firm JPM. (Credit: shilpa p from Pixabay)

H.I.G. Capital, via its affiliate, has closed the acquisition of Jackson Paper Manufacturing and Sustainable Corrugated (JPM) for an undisclosed sum.

Based in Sylva, North Carolina, JPM is a vertically integrated manufacturer of recycled corrugated packaging.

JPM president Carr Tyndall said: “Over the last five years, we have made substantial strategic investments to evolve into an environmentally-focused, vertically integrated platform.

“Now, more than ever, our customers are increasingly relying on us to deliver high-quality, customized solutions that support increasing end-user demand.”

Established in 1995, JPM has expertise in the production of 100% recycled medium, corrugated sheets and digitally printed corrugated packaging.

The company supplies its products to the customers in different markets, including e-commerce, food and beverage, durable and non-durable goods end markets, across the South-eastern US.

With a workforce of over 200 employees, the firm has four facilities in Sylva of North Carolina, Morganton of North Carolina and Dalton of Georgia.

H.I.G. is collaborating with the current management team to optimise the significant growth opportunities of JPM.

H.I.G managing director John Von Bargen said: “We believe JPM represents a compelling opportunity to invest in a differentiated provider of sustainable packaging solutions.

“The company’s integrated platform and focus on quality, innovation and service have increasingly positioned the Company as a value-added partner to its customers.”

In January this year, H.I.G. Capital completed growth investments in Action Packaging and Signature Flexible Packaging, a full-service provider of flexible food and consumer packaging solutions.