Keyes Packaging Group (Keyes) is a leading manufacturer of specialty packaging focused on the fruit, egg and wine industries. Keyes has three operating subsidiaries - Keyes Fibre, Wrap Pack, and Interplast. Keyes Fibre, located in the heart of the Pacific Northwest apple growing region, is the largest producer of molded fibre apple trays in the U.S. Keyes Fibre also makes molded fibre trays for eggs, avocados, berries and wine. Wrap Pack, located centrally near 75% of North America’s pear production, produces chemically treated tissues primarily used for wrapping pears to prevent the growth of mold and surface scarring during storage and shipment. Interplast is a Canadian-based manufacturer of specialty premium egg packaging.
| Products: |
Molded fibre trays, specialty containers and specialty tissues for packaging and shipment of fruit, eggs, wine and other sensitive food products.
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| Strengths: |
Market leader
Strategic location
Superior products
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| Location: |
Washington and Quebec
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| Advisor: |
Piper Jaffray acted as financial advisor to Keyes Packaging.
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| Financing Source: |
GE Commercial Finance provided senior debt financing. Harris Nesbitt Mezzanine Fund provided subordinated debt financing.
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| Investment Date: |
May 2004
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| Website: |
www.keyesfibre.com |
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