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Vitex Packaging Group

Vitex Packaging manufactures specialty flexible packaging for the consumer- and medical-product industries. Vitex is the leading U.S. supplier of tea-bag envelopes and tags. The company also prints and converts a wide variety of substrates to produce medical products.

Exit Summary: 1.8x gross cash-on-cash; 12% gross IRR

Acquired:
January 1998
Exited:
July 2004
Industry:
,
Region:
North America
Location:
Suffolk, Virginia
Fund:
Riverside Capital Appreciation Fund ( 95 ) ( 2000 )
Add-on Acquisitions:

Schuster Flexible Packaging of Commerce, California (September 1999)

Genesis Converting Corp. of Itasca, Illinois (December 2000)

Website:
http://www.vitexpackaging.com/