|
FOR IMMEDIATE RELEASE:
BG Strategic Advisors Announces the
Merger of the Jacobson Companies with Wilpak, Inc.
PALM BEACH, FL, May 3, 2006 –
BG Strategic Advisors announced today that the Jacobson
Companies of Des Moines, Iowa, leaders in providing
third-party logistics services, have merged with Wilpak,
Inc., an Atlanta, GA-based supply chain management (package
design, contract packaging, contract manufacturing,
and logistics) company. The merger enhances the capabilities
of both parties in providing national supply chain management
services. BG Strategic Advisors acted as the exclusive
financial advisor to Wilpak in this transaction.
The addition of Wilpak adds 750,000 square feet of
space in Atlanta devoted to contract manufacturing,
contract packaging and postponement operations. The
company employs an average daily workforce of 500 in
the Atlanta area.
“Bringing Wilpak, Inc. into the Jacobson family
of companies strengthens our position as a complete,
end-to-end supply chain solutions provider,” said
Craig Petermeier, Jacobson Companies CEO. “We
now can truly ‘do it all’ for our customers.
Wilpak has the ability to provide leadership in very
specialized areas such as plant relocation/outsourced
manufacturing and contract packaging. They are a strategic
fit with Jacobson’s total supply chain solution.”
“It has always been my vision to take the systems
and processes that made us stand out in contract packaging
to a national footprint,” echoed Eric J. Wilhelm,
Wilpak CEO. “By combining the operations of the
two companies, we are instantly there. This opens up
exciting, new opportunities for us to offer stronger,
more complete services up and down the supply chain
to existing customers, and makes us more competitive
in presentations to prospective customers as well.”
“Wilpak is known for its ‘turn-on-a-dime’
flexibility and sophisticated systems in contract packaging,”
noted Kirk Fischer, President of Jacobson Packaging
Company. “Now, as Wilpak joins forces with Jacobson,
we can expand on our ability to deliver state-of-the-art
outsourced packaging services to manufacturers in a
variety of industries, in markets throughout the U.S.”
About Jacobson Companies
A nationally ranked third-party logistics and warehousing
provider, Jacobson is dedicated to providing solutions
to customers’ supply chain management challenges.
With the recent addition of Southwest Storage &
Distribution, the Jacobson organization now includes
eight integrated operating companies: Jacobson Distribution
Company, Jacobson Warehouse Company, Jacobson Transportation
Company, Jacobson Logistics Company, Jacobson Packaging
Company, Jacobson Staffing Company, and Jacobson Investment
Company. The Jacobson Companies operate a 14 million-square-foot
national network. Jacobson’s integrated trucking,
warehousing and packaging operations are designed to
help customers reduce their supply chain management
costs. For more information, visit www.jacobsonco.com
About Wilpak, Inc.
Privately held by Eric J. Wilhelm, Wilpak, Inc., has
a client roster that includes major consumer products
companies in the beverage, confectionary, hardware and
soft goods industries. The company has realized annual
double-digit sales increases since its start 13 years
ago. Last year was a significant milestone as Wilpak
successfully added contract manufacturing and logistics
operations, effectively doubling projected sales for
2006. For more information, visit www.wilpak.com.
About BG Strategic Advisors
BG Strategic Advisors (www.bgstrategicadvisors.com)
is a leading global investment banking and strategy
consulting firm focused on the supply chain sector.
The firm specializes in providing CEOs in the transportation,
warehousing and logistics industry with the tools to
maximize value. For more information, or to explore
an acquisition, merger, sale or other strategic initiative
for your company, please contact Managing Director Benjamin
Gordon at (561) 207-7600 or Ben@BGstrategicadvisors.com.
|