GHK Capital Partners LP has completed the acquisition of JohnsByrne, based in Niles, IL. Terms of the acquisition were not disclosed.
Founded in 1959, JohnsByrne is a provider of premium folding carton packaging and specialty print solutions serving a diverse set of consumer end markets.
GHK says its acquisition of JohnsByrne will empower the company to continue its pursuit of future organic and inorganic growth, while also advancing and diversifying its product portfolio and customer-centric sales strategy.
Gil Klemann, Managing Partner, GHK, said, “We highly value our relationship with, and the trust of, the Gustafson family as we embark on our partnership with JohnsByrne. We are honored to continue the company’s legacy of quality, innovation, and customer service in the premium packaging market and believe JohnsByrne is an exciting platform well-equipped for substantial organic growth.”
“We are thrilled to enter into a partnership with GHK, an organization that aligns with our vision for the future expansion of JohnsByrne, as well as our unwavering dedication to our customers, employees, and suppliers,” said Corey Gustafson, CEO, JohnsByrne. “During the past 64 years, we have been fortunate to build a customer list that includes some of the most prestigious corporate brands in the country, creating memorable and distinctive packaging solutions that elevate their brand presence. Now, our new partnership with GHK will bring exciting new strategic and financial capabilities to our business. Together with GHK, we will be able to further strengthen our ability to deliver even more on our promise to ‘press the limits’ of packaging innovation and performance.”
