Airlite Plastics Co. - Acquires KODIAKOOLER®
KODIAKOOLER, a privately held company headquartered in Mooresville, North Carolina, is an insulated packaging company that has been serving and leading the industry since 2005. KODIAKOTTON®
KODIAKOOLER will continue to be headquartered in Mooresville, North Carolina and sell under its KODIAKOOLER name. For more information, please visit: www.kodiakooler.com
"We are delighted to welcome KODIAKOOLER to our family of performance based, innovative products," said Brad Crosby, President and CEO of Airlite Plastics. "This strategic acquisition allows Airlite to expand its growth in temperature-
"Our companies share a business culture and passion for developing quality temperature-
The companies finalized the acquisition on August 3, 2019, and the terms of the agreement remain private.
MBS Advisors of Florence, MA advised Airlite Plastics Co. in connection with the transaction.
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About Airlite Plastics Co.
Airlite Plastics Co. is a privately held, family-owned company, headquartered in Omaha, Nebraska for more than 73 years. Its product lines include containers and lids for food packaging, drink cups and lids, as well as polystyrene coolers, insulated concrete forms (ICF) building blocks, a permeable paving system and other custom plastic products. For more information, please visit www.airliteplastics.com.