Lincoln Hill's newly formed portfolio firm Fibre Tec Packaging has acquired substantially all of the assets of Fibre-Tec Partitions.
The Company was founded in 1997 and serves box manufacturers, packaging brokers, manufacturers, and distributors across a wide variety of end markets, including food, beverage, automotive, pharmaceutical, and consumer packaged goods.
Fibre Tec will continue serving its 500+ customers from its 63,000 sq. ft. facility in Chicago, IL.
Len Ingolia, Co-Founder of Fibre Tec, said, "We are delighted to partner with Lincoln Hill in the next stage of our growth. We look forward to their support as we execute on an array of growth opportunities and investments that will better position us to meet our customers' evolving needs."
Graham Balentine, a Principal at Lincoln Hill who will be taking an active role in Sales and Business Development at Fibre Tec, added, "Fibre Tec has differentiated itself in the partitions space with a focus on quality, customer service and innovation. We believe that Lincoln Hill's growth capital and operational support will allow the Company to better serve both new and existing customers."
