Commercial bakery packaging manufacturer PaperTech acquired by May River Capital
PaperTech, a manufacturer of paperboard packaging products to the frozen food industry and foodservice markets, has announced it has been acquired by May River Capital, a Midwest-based private equity firm focused on helping high-caliber industrial businesses grow and prosper.
Founded in 1999 by Larry Epstein and Al Fotheringham, PaperTech has more than two decades of expertise providing sustainable, dual-ovenable paperboard trays and bowls to some of the world’s most recognizable brands. Through its rigorous focus on innovation, value, service and quality, PaperTech has grown to nearly 200 employees, producing over 500 million trays annually for leading food brands, contract food packagers, food service operations, as well as for commercial bakeries, quick-serve restaurants and “take-and-bake” pizza companies.