This marks the second acquisition announced by CCC since its acquisition by Bain Capital in July of this year. CCC acquired the assets of Roffe Container in September.
Jeffrey Greene, president and CEO of CCC, said: “The acquisition of Madras Packaging supports CCC’s plan of growing through a mixture of organic growth and targeted M&A activity.
“The addition of the Argos facility enhances CCC’s ability to serve key regional and national customers in the industrial and specialty chemicals markets in the Midwest and Greater Chicago regions. The Atlanta plant expands our ability to serve key customers in multiple sites with our national platform.”
The acquisition is expected to close in the coming weeks.
Source: CCC
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