Stout Advises on Sale of Package Design and Manufacturing, Inc.
Stout announced today that its client, Package Design and Manufacturing, Inc. (PDM), has been acquired by Signode Industrial Group. Stout served as exclusive financial advisor to PDM in connection with this transaction.
PDM, founded in 1990 and headquartered in Brighton, MI, is a packaging solutions provider that manufactures highly engineered, complex interior protective packaging products serving the consumer, cold-chain, aerospace, and electronics end markets.
Mike Benson, Managing Director and leader of Stout’s industrials practice, said, “It was a pleasure to work with the PDM team on this important transaction and utilize our deep industry expertise throughout the deal process.”
Legal advisors to PDM included Dean Leffelman, Laurie Miller, and Christopher McCleary of Ice Miller, LLP as transaction counsel. Allan Epstein and Laurie Griffith of Lopata, Flegel & Company, LLP provided accounting support.
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