Coregistics acquires Belvika Trade & Packaging [Yahoo! Finance]
Main Street Capital Corporation (MAIN)
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Source: Yahoo! Finance
This move is claimed to establish Coregistics as the 'largest' pure-play contract packaging company in North America by both scale and revenue. Red Arts Capital, the parent company of Coregistics, financed the acquisition through its flagship fund, Red Arts Capital Opportunity Fund I, with additional co-investment from limited partners, family offices, and strategic investors. Coregistics was acquired by Red Art Capital in June 2022. Coregistics now has a revenue of approximately $350m and operates over a three-million-square-feet footprint in North America. Coregistics executive chair Victor Crawford said: “This acquisition marks a pivotal moment for Coregistics as we expand our footprint and reinforce our position as a leader in the contract packaging industry. “We are thrilled to see the Belvika team continue to be a part of the business and are excited to welcome them to the Coregistics family. Their deep industry insights and proven track record of success will be inva
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- Coregistics, a Red Arts Capital Portfolio Company, Announces Acquisition of Belvika Trade & Packaging [Yahoo! Finance]Yahoo! Finance
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