Precise Packaging Acquired by PLZ Aeroscience
PLZ Aeroscience Corporation (PLZ) has acquired Precise Packaging from an affiliate of Trive Capital. Based in Fall River, Massachusetts, Precise is a leading manufacturer of small-format aerosol and liquid products for the personal care, home fragrance and over-the-counter end markets.
CEO Shaun Gaus will continue leading Precise. Financial terms of the transaction were not disclosed.
Headquartered outside Chicago, PLZ is the North American leader in specialty aerosol and liquid product manufacturing. The PLZ family of companies specializes in the development, manufacturing, packaging and distribution of a comprehensive line of contract fill, branded and private-label products for a variety of consumer and industrial end markets. PLZ is owned by Pritzker Private Capital and management.
“Like PLZ, Precise focuses on shorter-run, specialty products and is a value-added strategic partner to its customers,” said Ed Byczynski, PLZ’s President and CEO. “Precise’s capabilities in small-format production will enhance our ability to provide customers with a full suite of aerosol and liquid products. Shaun and the team have built a great business that we are proud to add to the PLZ family.”