Evergreen
Evergreen has been acquired by Southern Champion Tray
Evergreen Packaging (“Evergreen” or “the Company”) has successfully completed the sale of its business to Southern Champion Tray, a leading manufacturer of fiber-based products and packaging solutions. Diamond Capital Advisors served as financial advisor to the Company and negotiated the transaction.
Evergreen, founded in 2001, is a bakery, deli, food service, and wholesale packaging provider with a predominant market presence in California. The Company produces the pink donut boxes that are ubiquitous in Southern California.
About Evergreen
Founded in 1981 in La Mirada, CA, Evergreen is the largest supplier in the Western USA of bakery and donut boxes. The company maintains long-term customer relationships with major food service distributors and other providers. Its broad product line includes bakery and donut boxes, pizza boxes, beverage carriers, and seasonal custom printed packaging.
About SCT
Since 1927, Southern Champion Tray has been manufacturing and distributing quality, sustainable bakery, food service, and catering paperboard and corrugated packaging. Markets served include bakery, food service, frozen foods, supermarket, institutional, medical, pharmaceutical, personal care, cosmetic, retail, electronics, and more. When the transaction closes, Southern Champion Tray will maintain office, manufacturing and distribution facilities in Chattanooga, Tennessee, Fairfield, Ohio and Mansfield, Texas. For information on SCT's full line of products, visit SCTray.com.
Southern Champion Tray
Diamond Capital Advisors
Diamond Capital Advisors serves public and private mid-market companies generally those with revenues ranging from $10 - 200MM. We focus on mergers and acquisitions (both sell-side and buy-side), capital raising, and valuations. Diamond Capital provides a high level of service; and brings the professionalism and efficiency offered to Fortune 500 companies directly to our middle-market customers. Our usual method to maximize value and achieve the most favorable terms, is a sophisticated and disciplined blind auction process geared toward creating demand for our client?s business. The goal is to increase value through an aggressive transaction process and the efficient use of our intellectual capital which includes years of operational experience and the successful completion of hundreds of transaction mandates. Virtually our entire group of 10 senior licensed professionals have come to Diamond with both operating backgrounds as entrepreneurs or corporate executives and previous investment banking experience. Operating as a team we bring unique insights from our robust and varied work histories and apply them for the benefit of our clients. While most of us are generalists and are comfortable working across a wide range of industries we do have specialists in Technology, Life Sciences/Healthcare, and Aerospace. Our team members have completed transactions in E-commerce, Consumer Products/Retail, Food Production and Distribution, Logistics, Software, Media, Entertainment and Publishing, Financial and Business Services, and Manufacturing among other sectors.
+1 310-432-8585
sthompson@diamondcapadvisors.com
http://www.diamondcapadvisors.com
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