El Dorado Packaging, Inc.

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Project Description

El Dorado Packaging, Inc.

IOP Fund II

Acquisition Date: September 2014
Status: Current
Headquarters: Rosemount, MN
Add-on Acquisitions:

Seeking acquisitions

DESCRIPTION

Packaging platform company that was formed through the acquisition and carve-out of the Multiwall Packaging Division of Greif, Inc. and the acquisition of El Dorado Paper Bag Manufacturing Co. El Dorado produces large and small format multiwall paper bags for the agricultural, flour, sugar and pet food markets.

OPERATING THESIS

Supplement and provide leadership to existing management team

Create fundamental improvement in operating performance:

  • Develop stand-alone operational and administrative functionality
  • Implement operations/cost-structure improvements
  • Realize operational, selling and scale advantages of the platform company
  • Execute on identified growth opportunities in existing and new markets