Benchmark Industrial Acquires Packaging Supplier Donby Shippers Supply!
Calder Capital is thrilled to announce the acquisition of Donby Shippers Supply Company of Brooklyn Heights, OH by Benchmark Industrial, Inc. of Gahanna, OH.
"This was an advantageous acquisition for both Benchmark and Donby," commented Sam Scharich, Mergers and Acquisitions Advisor at Calder Capital, LLC. "The two Companies can combine resources to tighten supply chains, as well as broaden their reach throughout the Ohio market. Jim [President of Benchmark] was exceptional to work with as a buyer. He gave us honest feedback and clear criteria which helped us to find Eric with Donby."
"We're very excited to welcome Donby into the Benchmark family," remarked Benchmark President Jim Reid. "They have long been known for offering good service and competitive prices for their manufacturing and distribution customers. We are committed to maintaining those relationships and taking our combined service offerings from good to great."
Donby is a full service packaging supply, packaging machinery and paper supply distributor focused on providing every one of its customers with competitive prices, excellent customer service, fast delivery and the answer to all packaging needs.
Shane Kissack, Mergers and Acquisitions Advisor at Calder Capital, was the lead buy-side (https://www.caldergr.com/
"A big congratulations to Sam, Shane, Donby, and Benchmark," commented Calder Managing Partner, Max Friar. "The transaction was #20 on the year for our team and we are beginning to see more sellers come out of the woodwork. Heading into Q3 2021, it feels like the many owners who have been running on adrenaline for 12-16 months, and who have stalled the sale of their company, are feeling a sense of normalcy and relief, which is accelerating burnout and decisions to sell their businesses. For the time being, for those that have held up well during COVID-19, they are entering a market that is very good for high-quality sellers."
Calder Capital, LLC (https://www.caldergr.com/