Company Description
Northeast Box Company (“NEBC” or the “Company”), headquartered in Ashtabula, Ohio, and founded in 1978, is a leading custom packaging products manufacturer, specializing in the custom design, assembly, and distribution of corrugated packaging serving industrial and retail industries.
Services Provided
MelCap Partners served as the exclusive investment banker and financial advisor to NEBC through the sale of the business. MelCap Partners would like to thank Ron Marchewka, President & CEO of NEBC, for hiring MelCap to represent him in this transaction. It was an honor and pleasure to work with Ron and the Company throughout this exciting process.
The Result
In an effort to achieve Ron’s goals and objectives and support the Company’s strategic growth plans, MelCap Partners was able to successfully identify the most logical buyer for the business. As a result, NEBC was sold to Welch Packaging (“Welch”), headquartered in Elkhart, IN. Founded in 1985, Welch, a family-owned business, has grown to be a network of packaging companies concentrated in the Midwest and Midsouth serving over 1,400 associates. Welch provides industrial packaging, retail ready packaging, and offers assembly and fulfillment services. Additionally, Welch serves customers from 18 manufacturing facilities, 2 distribution centers, and a packaging supply business.
“MelCap Partners found the perfect buyer for Northeast Box. Their team did an outstanding job putting this transaction together in record time. Welch Packaging’s family based company mirrors NEBC values and I couldn’t be more pleased with the relationship.”.