Chick Companies Merges with Nefab AB
BG Strategic Advisors Announces that BGSA Client Chick Companies Merges with Nefab AB
Palm Beach, FL – September 17, 2010 –BG Strategic Advisors is pleased to announce that BGSA client Chick Companies, a leading provider of wood-based industrial packaging solutions, has agreed to merge with Nefab AB, a global leader of expendable and reusable packaging products.
Chick Companies is headquartered in Dallas, Texas and operates sites in California, Kentucky, Tennessee, Texas, Georgia, New Hampshire, New York, Pennsylvania, Massachusetts and Illinois with an additional facility in the European Port of Hamburg, Germany.
About Chick Companies
Chick Companies traces its origin to 1870, when it was founded as John F. Chick and Son, a lumber mill on the banks of Silver Lake in central New Hampshire. After World War II, this family-owned lumber business expanded into a retail lumber yard. In 1975, the family re-focused the business onto the production of industrial packaging and heavy skids. Today, Chick serves multi-national customers around the US and the world in its sites around the country and in Germany. For more information, please refer to www.chickpackaging.com.
About Nefab AB
Nefab AB, together with its subsidiaries, designs and manufactures industrial transport and custom packaging solutions for industrial groups in Sweden and internationally. The company serves primarily telecommunications and automotive industries, as well as renewable energy industries and companies manufacturing transport-sensitive/theft-prone products. Nefab AB was founded in 1923 and is headquartered in Jonkoping, Sweden. It has operations in Europe, North and South America, and Asia. For more information, please refer to www.nefab.com.
About BG Strategic Advisors
BGSA is the leading M&A advisory firm focused on the logistics and supply chain industry. The firm specializes in providing CEOs in the logistics and supply chain industry with the tools to maximize their company’s value. BGSA has completed several well-known supply chain deals, including the sales of Converge to Arrow Electronics Inc., Dixie Warehouse Services and Wilpak Inc. to Jacobson Companies, the PWC Logistics acquisitions of Trans-Link and Transoceanic, the Churchill sale to BirdDog, the Raytrans sale to Echo Global, the Unicity sale to PBB, the Air-Road sale to Reliant Equity, and many others. For more information, or to explore a sale, merger, acquisition, capital raise, or other strategic initiative for your company, please contact Managing Director Benjamin Gordon at (561) 932-1601 or email Benjamin@bgsa.com.