A Partnership to Grow and Nurture
Joining Forces, Forging a Diversified Foodservice-Solutions Platform
Handgards LLC (“Handgards”), a leading distributor of foodservice products such as disposable gloves, reclosable bags, and expendables, and a portfolio company of Wynnchurch Capital, L.P., has announced the acquisition of Inno-Pak LLC, a portfolio company of Emerald Lake Capital Management.
Based in Delaware, Ohio, Inno-Pak is a leading North American provider of innovative and sustainable food packaging solutions for industries such as foodservice, grocery, convenience stores, and hospitality since 1992. With over 170 patents covering products made from various substrates, Inno-Pak has established itself as a key player in the industry.
Joe Kubicek, CEO of Handgards, expressed enthusiasm about the acquisition, stating, “We could not be more excited to welcome Inno-Pak into the Handgards family. This transformational add-on bolsters our offering of innovative, sustainable solutions and demonstrates our commitment to providing our customers with an extensive portfolio of the highest quality products, best-in-class service, and leading technical capabilities.”
The addition of Inno-Pak to the Handgards platform is a strategic move as it opens new avenues to market expansion and growth, with potential to enhance sourcing and converting capabilities.
About Handgards:
Headquartered in El Paso, Texas, Handgards is a leading distributor of foodservice products, specializing in disposable gloves, reclosable bags, and other essential items for the industry. For additional information, visit: www.handgards.com.
About Inno-Pak:
Inno-Pak, headquartered in Delaware, Ohio, excels in innovative, sustainable food packaging solutions for the food service, grocery, convenience store, and hospitality sectors. Their focus on recyclable, reusable, and compostable packaging aligns with industry sustainability goals. For more details, visit www.innopak.com.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., a prominent middle-market private equity firm, partners with companies in the U.S. and Canada to drive substantial growth. With a successful history of investments, Wynnchurch specializes in recapitalizations, growth capital, and other strategic initiatives. More information is available at www.wynnchurch.com.
About Emerald Lake Capital Management:
Emerald Lake Capital Management focuses on middle-market private equity investments in businesses with sustainable competitive advantages and growth prospects within the industrials and services sectors. For more information, visit: www.elcm.com.