ACR adds RediBagUSA
The add-on brings a supplier of reusable retail bags and sustainable packaging solutions serving grocery, restaurant and medical markets across the US to the platform, with transaction terms undisclosed in the announcement.
Takeaways
- RediBagUSA is a supplier of reusable bags, paper products, and sustainable packaging solutions.
- ACR is acquiring RediBagUSA with backing from Oridian Capital.
- The target serves grocery, restaurant, deli, medical, and industrial across United States.
ACR, an Oridian Capital portfolio company, acquired RediBagUSA in its eleventh add-on under Oridian's ownership.
RediBagUSA supplies reusable retail bags, paper products and sustainable packaging solutions to grocery, restaurant, deli, medical and industrial customers across the U.S. ACR said the addition broadens its product portfolio and sourcing capabilities; RediBagUSA President and CEO Jeff Rabiea and members of management will remain.
Terms were not disclosed.
Get tomorrow morning's tape in your inbox.
Yesterday's platforms, add-ons, recaps, and exits, cleaned up before the workday starts.