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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/