PHILADELPHIA, December 20, 2013 – Graham Partners, a private investment firm focused on investing in businesses with advanced manufacturing technologies, innovative product development capabilities, and strong growth potential, is pleased to announce the acquisition of Paradigm Packaging (“Paradigm”), a leading rigid plastic container manufacturer serving the high-growth nutritional and pharmaceutical sectors of the healthcare market. Operating as one platform investment, Paradigm joins Scandia Plastics (“Scandia”), a Graham Partners portfolio company that designs and manufactures blow molded bottles, containers, and light industrial parts, as initial members of Graham’s niche market and regionally-focused blow molding platform.
Graham Partners has longstanding industry expertise and deep operational resources within the plastic packaging industry. In 2012, Graham Partners acquired Scandia after identifying an opportunity within the blow molded plastic packaging market to build a successful mid-sized blow molder. The acquisition of Paradigm is an important step forward in Graham’s strategic plan for the platform. Paradigm’s strategically located national plant network, which serves a diverse group of industry leading customers, expands the platform’s geographic footprint and provides access to new customers in high-growth end markets. Additionally, Paradigm utilizes a broad array of advanced technologies and processes, which will enable the platform to offer innovative products and solutions spanning the blow molding spectrum.
Adam Piatkowski, Managing Principal at Graham Partners, states, “We are excited about this powerful combination and look forward to the partnership; Paradigm opens the door to a variety of cross-selling and synergistic opportunities. Paradigm’s reputation as a quality-driven, niche packaging supplier aligns well with Scandia’s unrelenting focus on quality and technical excellence.”
Ross Bushnell, President and CEO of Graham Partners’ blow molding venture, adds, “By sharing best practices, market information, and injecting manufacturing resources and expertise, we believe our businesses will be positioned to improve upon their already strong technical capabilities, quality, and customer service.”
About Scandia Plastics (www.scandiaplastics.com): Scandia Plastics, headquartered in Sheboygan, Wisconsin, is a custom designer and manufacturer of blow molded bottles, containers, and light industrial parts. Scandia’s products are sold into a variety of end markets, including medical diagnostics, healthcare, household, and industrial chemicals. With high-quality engineering and technical capabilities, Scandia is a complete resource for custom design and production from prototype to finished product.
About Paradigm Packaging (www.paradigmpackaging.com): Paradigm Packaging, an industry leader with over 30 years of experience, serves the high-growth nutritional and pharmaceutical sectors of the healthcare market. With three strategically located manufacturing facilities, Paradigm creates innovative packaging solutions that reach a diverse customer base.
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