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MANSFIELD, Mass. –(Business Wire–Lacerta Group (“Lacerta”) on December 21 through Portage Plastics Corporation and PPC Investments LLC (collectively “Portage Plastics”) all assets in Portage, WI. As part of the transaction, Lacerta retained more than 50 Portage Plastics employees.
Lacerta is a leading North American supplier of innovative and sustainable thermoformed packaging solutions made primarily from PET. Lacerta offers a comprehensive product portfolio and in-house design capabilities, with a particular focus on customers in the prepared food and fresh produce segment. Lacerta is the market leader in post-consumer resin-containing fully recyclable packaging as customers look for more options to meet their sustainability goals.
“We are excited to acquire a large manufacturing facility in Portage, Wisconsin and welcome talented partners dedicated to the Lacerta family,” said Lacerta CEO Peter Lennox. “This transaction is an important step in Lacerta’s growth story and will allow us to better serve our expanding customer base in the Midwest and Central United States.”
Lacerta plans to invest in the near future to increase capacity and take advantage of this attractive location and strong workforce. Since partnering with SK Capital Partners in December 2020, Lacerta has invested heavily in expanding its manufacturing capacity and capacity at its facilities in Mansfield, MA and Chatsworth, CA to support growth and maintain industry-leading quality and service.
Lacerta will continue to seek opportunities to expand its geographic presence in North America as it looks to better serve its growing customer base.
About the Lacerta group
Founded in 1993, Lacerta Group, LLC (“Lacerta” or the “Company”) is a leading provider of innovative thermoforming packaging solutions. The company offers a full line of custom PET packaging products, including clear-touch products sold under the “Fresh N’ Packed” brand. Lacerta has built its reputation on product quality, innovation, customer service and speed to market. The company offers a comprehensive product portfolio and in-house design capabilities, with a customer-centric business model focused on customized solutions for food processors and supermarkets. Lacerta’s fully integrated manufacturing platform includes capabilities in design and engineering, prototyping, mold making and tooling, thermoforming, extrusion and printing. Headquartered in Mansfield, Massachusetts, Lacerta operates four facilities in Mansfield and one in Chatsworth, California. Lacerta is a portfolio company of SK Capital Partners. For more information about Lacerta, please visit www.lacerta.com.
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