True North Equity Partners Acquires Lonsdale Packaging
True North Equity Partners is pleased to announce the acquisition of Lonsdale Packaging Incorporated. The deal was finalized on October 21.
Lonsdale Packaging Incorporated of Lonsdale, Minn. was established in 1998 and is a national logistics services company offering outsource assembly, blister packing, Polypack bundling, steam heat tunnel shrink-wrapping, packaging, and warehousing. The company employs 120-130 people, depending on the seasonal needs, all of whom are being kept on board.
The deal was facilitated by True North Mergers & Acquisitions of Minneapolis.
True North Equity Partners is a family of independent businesses that spans diverse sectors: transportation and logistics, precision manufacturing, distribution, technology, business services, software, hospitality, sports, and real estate. This portfolio of individual businesses generates over $220 million in annual revenue.