Founded in 1952 and headquartered in Beaverton, Michigan, BMG is a leading provider of turnkey thermoforming and packaging systems for the food & beverage market. BMG offers a broad portfolio of highly-engineered thermoforming and automation equipment, in addition to best-in-class tooling and a comprehensive offering of post-sale parts, service and support. BMG’s deep product and application expertise has enabled the company to serve as a comprehensive system solutions provider to its customers, the majority of which are blue-chip food & beverage packaging producers. The company is poised to benefit from secular trends driving demand for thermoforming equipment and greater adoption of automation technologies, including the increasing use of tamper-evident, fresh food, on-the-go and transparent packaging, the conversion from foam-based materials to more environmentally-friendly alternatives, as well as end-of-line packaging solutions that reduce costs and improve manufacturing throughput.
Acquisition Details – On October 4, 2018, Industrial Growth Partners V, L.P., in partnership with management and certain outside investors, acquired BMG, marking the fifth platform investment for IGP’s fifth fund.
To learn more about BMG visit www.bmg-solutions.com.