Field Packaging Group Sold to Packaging Corp. of America

BEDFORD PARK, IL | Mesirow Financial acted as the exclusive financial advisor to Field Packaging Group in its sale to Packaging Corp. of America (PCA).

Field Packaging is an entrepreneurial manufacturer of corrugated packaging products, including mini- and jumbo-sized corrugated cartons, that serves customers in the food, confectionary, durable goods, furniture and metal stamping industries, among others.

Marty Field, CEO of Field Packaging, commented, "Mesirow Financial was instrumental in identifying a strong group of strategic and financial prospective buyers and conducting an efficient transaction process. Our clients and employees will both benefit as PCA and Field Packaging join forces to provide an expanded product line and geographic reach. Mesirow's advice throughout the process resulted in a successful outcome for all the parties involved."

"Field Packaging's business philosophy and culture are a great fit with PCA," said Tom Hassfurther, executive VP at PCA. "The team at Field Packaging is focused on delivering a high level of service and quality to its customers. Field Packaging has developed a strong reputation for excellence in design and manufacturing, and we look forward to building on that success going forward."

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