C&K Box and Mulch Wholesalers of Jackson, MI Acquired by an Individual Investor!

By: Calder Capital
 
JACKSON, Mich. - Aug. 31, 2021 - PRLog -- Calder Capital is pleased to announce that C&K Box and Mulch Wholesalers of Jackson, MI have been acquired by an individual investor.

Founded in 1960, C&K Box (https://www.ckboxco.com/) manufactures wood packaging products such as pallets, skids, crates, boxes, corner posts, stakes, and custom products tailored to clients' needs. C&K Box has been owned by the Stevens family for several decades, and Mulch Wholesalers (https://www.mulchwholesalers.com/) was established by second-generation owner Mark  Stevens in 1995 as a method to minimize waste produced by C&K Box. The two companies share a unique synergistic relationship.

The Companies were acquired by Dustin Ruth. Dustin has years of experience in business management, business ownership, and sales. "The symbiotic relationship of these two companies immediately stood out to me," commented Dustin about the acquisition. "It's rare to find two companies that are able to reduce waste and optimize sustainability so effectively.  I'm excited to take it even further."

After 46 years of involvement with C&K Box, the Stevens family is ready to take a step back. The family engaged with Calder Capital at the end of 2020 to find the right buyer for the Companies, either separately or as a package.

Sam Scharich (https://www.caldergr.com/business-development-for-buy-sid...) and Ghazey Aleck (https://www.caldergr.com/featured-ghazey-aleck/), Mergers and Acquisitions Advisors at Calder Capital, partnered as the lead advisors on the transaction.

"Mark, Amy and the entire Stevens family were fantastic to work with," said Sam Scharich. "They took the time to really understand how the process works and therefore made themselves flexible and open to a number of showings and conference calls. Seventy-four buyers signed NDAs and received CIM's before an LOI was signed and the process was shut off. The speed at which buyers inquired, received answers to questions, spoke with owners, and conducted site visits led to a true limited-auction process which received three written offers and one verbal offer within four months. Dustin is getting two amazing, complementary businesses and is set up for success for many years to come."

"The Calder team was incredibly helpful," commented Mark Stevens. "Sam was supportive and enthusiastic with a willingness to answer questions at all hours of the day, and Ghazey assured our family all along the way that they could find the right buyer to continue the legacy created over 46 years.  The process was very smooth, and we certainly couldn't have done it without them."

Calder Capital, LLC, served as the exclusive Mergers and Acquisitions Advisor to C&K Box and Mulch Wholesalers.
End
Email:***@caldergr.com Email Verified
Tags:Mergers And Acquisitions
Industry:Manufacturing
Location:jackson - Michigan - United States
Subject:Mergers
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Calder Capital, LLC PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share