Advised packaging laminates company on sale of aluminum operations

Advised packaging laminates company on sale of aluminum operations

Stout served as exclusive financial advisor to Oracle Flexible Packaging, Inc., a portfolio company of Centre Lane Partners, LLC, in a sale of the company’s aluminum rolling assets to AluminumSource LLC.

Oracle’s aluminum rolling assets, now known as Alpha Aluminum, LLC, currently manufacture aluminum foil and sheet products sold primarily to packaging converters serving the food, healthcare, industrial, and consumer product markets. Upon closing the transaction, Alpha Aluminum announced that it will expand the capacity and utilization of the rolling mill by adding light-gauge market customers, leveraging the expertise of its new executive team, which includes officials with experience at Alcoa, Alcan, Novelis, Reynolds Aluminum, and Hatch Engineering.