D&W Fine Pack® Acquires Thermoforming Division of Clear Lam Packaging, Inc.

FOUNTAIN INN, S.C., May 15, 2012 /PRNewswire/ -- D&W Fine Pack LLC, a leader in the food packaging industry and a portfolio company of Mid Oaks Investments LLC, has announced the acquisition of the Thermoforming Division of Clear Lam Packaging, Inc., headquartered in Elk Grove Village, Ill.

Since 1969, Clear Lam has been a leader in the packaging industry, providing innovative packaging solutions for use in bakery, prepared meals, confectionary, and produce applications. The addition of Clear Lam significantly increases D&W's presence in the retail grocery market segment.

With facilities in Elk Grove Village, Ill., Vernon, Calif., and Nanjing, China, Clear Lam complements D&W's existing North American manufacturing asset footprint and adds a manufacturing plant in Asia, opening up opportunities for continued growth both in North America and the Pacific Rim. This strategic acquisition brings D&W to sixteen manufacturing and warehousing facilities worldwide.

"We're delighted to welcome Clear Lam to the D&W Fine Pack family, which allows us to offer our customers exceptional value, greater choices and more flexibility," said Mark Staton, President and Chief Executive Officer of D&W Fine Pack. "This is an outstanding operational addition that provides us significant incremental ability to service our retail grocery and processor customers."

About D&W Fine Pack:   D&W Fine Pack, a Mid Oaks Investments portfolio company, is among the largest foodservice packaging companies in North America. Offering a broad line of foodservice and food packaging, including tableware, containers, cutlery, straws and meal kits, the company continues its commitment to expansion and customer responsiveness through the development of unique and innovative packaging and material solutions across all major substrates used in the industry. As a committed leader in sustainability, D&W prides itself on helping the industry evolve to meet changing market demands while promoting packaging using sustainable materials and methods. For more information on D&W Fine Pack and its products, visit www.dwfinepack.com

About Mid Oaks Investments LLC:   Founded in 1986 and located in Buffalo Grove, Ill., Mid Oaks is a private investment firm that invests its own capital in businesses with an aim of building value over the long term. Its principals have substantial operating, financial and general management experience with a long history of success in the support of its portfolio companies.  For more information, visit www.midoaks.com.

SOURCE D&W Fine Pack LLC