Foam Holdings Acquires Fabricated Packaging Materials
Rosemont, IL – November 16, 2021 – Foam Holdings Inc. (“Foam Holdings”), a portfolio company of Wynnchurch Capital, L.P. (“Wynnchurch”), has announced the acquisition of Fabricated Packaging Materials, Inc. (“FPM” or “the Company”). FPM is a manufacturer and fabricator of block molded expanded polystyrene (“EPS”).
“FPM is a strong fit with Foam Holdings and extends our footprint in our core market, as we continue to build a best-in-class solutions provider for our customers,” says Greg Silvestri, CEO of Foam Holdings. “We believe FPM is highly strategic as we strive to provide our customers with industry leading customer service, and we are excited to add FPM to our growing material solutions platform.”
About Fabricated Packaging Materials:
FPM, founded in 1989 and headquartered in Lancaster, Ohio, manufacturers tight tolerance EPS. FPM’s products include OEM components, construction materials and packaging solutions. For more information, please visit: https://www.fpmfoam.com.
About Foam Holdings:
Foam Holdings is a leading solutions provider of custom EPS, expanded polypropylene and ARCEL products in the U.S. and Mexico. Foam Holdings provides shape and block molded materials for the packaging, appliance, building products, cold chain, automotive, consumer and other general industrial end-markets.
About Wynnchurch Capital:
Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California, New York, and an affiliate in Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.