About the client

For more than 50 years, Protective Packaging Limited, a family-owned and operated business, has supplied essential vinyl, plastic, and paper materials to many Canadian industries—from automotive and manufacturing to healthcare and aerospace companies. Their mission is to protect the end customer’s valuable products while offering excellent customer service, competitive prices, and one of the largest product ranges of any distributor in Canada. 

Many have come to depend on Protective Packaging’s products and services—often critical to fabrication, assembly, shipping, and handling operations—so when the owners decided to sell the business, they needed a buyer that understood this.  

Our team at Grant Thornton ran a full sell-side process, helping owners at Protective Packaging to find the ideal buyer and providing support each step of the way, while driving deal value.  Several potential buyers were looking to leverage the strong brand and customer base established over the years, but ultimately it was ND Graphics that stood out as the right fit.  

 

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Deal summary

Client

Client

Protective Packaging

Transaction type

Transaction type

Divestiture

Services provided

Services provided

M&A

Sector

Sector

Packaging

Close date

Close date

July, 2022

The client experience

"Grant Thornton’s Transactions team worked with us from the very start of this divestiture process to help us understand the potential value of our business, as well as find the right buyer. Thanks to their support, we ended up with several potential options. They were knowledgeable and responsive throughout the process, making a typically complex transaction process more manageable. We’d be happy to work with the Grant Thornton Transactions team again in the future and would certainly recommend them to those looking for M&A support.”

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