Compass Diversified Holdings (CODI), the parent of 5.11, Liberty Safe, Marucci Sports and Velocity Outdoor, said its Foam Fabricators business has made a strategic investment in Rational Packaging, LLC, a designer and manufacturer of recyclable, paperboard-based structural packaging components.
Foam Fabricators is a manufacturer of custom protective packaging solutions,
This investment follows the previously announced strategic partnership established between Foam Fabricators and Rational Packaging in July 2020. Financial terms of the transaction were not disclosed.
“Now more than ever, the ability to provide customers with innovative, flexible and sustainable solutions is imperative,” said Elias Sabo, Chief Executive Officer of CODI. “This strategic investment creates long-term alignment between two complementary industry players, further positioning Foam Fabricators as a leading one-stop solutions provider and adding structural packaging elements, including fiber-based corner posts, to its impressive offerings. We look forward to building on this momentum in the months and years ahead.”
CODI’s other businesses include Advanced Circuits, Arnold Magnetic Technologies, Ergobaby, and Sterno.
Photo courtesy Rational Packaging
