Benchmark International has successfully facilitated the transaction of RoseMill Packaging Resources, LLC to Conner Industries, Inc.
RoseMill Packaging Resources, LLC (“RoseMill”) is a custom packaging company located in Lewisburg, TN. Established in 2006, RoseMill specializes in the manufacturing and assembly of packaging materials for finished goods. They offer corrugate pallets, corrugate assembly, foam assembly, and additional packaging and warehousing resources.
Now former owners Mike Rose, VP of Sales, and Spencer Miller, VP of Operations, will continue in their roles as they help transition and integrate RoseMill into the Conner family.
In reference to the transaction, Mike Rose commented, “From the onset of discussions with Benchmark, we expressed our desire to find a good fit for the acquisition of RoseMill. We wanted to ensure job security for our employees as well as a continued high level of service, quality, and innovation for our customers. The Benchmark Nashville office was able to find the perfect company, Conner Industries, that had the same desires as us for the long-term success of the RoseMill facility. We are happy to be a part of the Conner Industries family and thank Benchmark Nashville for their efforts in helping us close this transaction.”
Conner Industries, Inc (“Conner”), is headquartered in Ft. Worth, TX, and is a leading provider of industrial wood and packaging solutions in the United States. Conner specializes in supplying cut lumber (softwoods, hardwoods, and panel products) needed for pallets, crates, and skid parts, as well as fully assembled custom pallets, crates, and industrial containers.
Conner has 10+ locations across the Midwestern and Southeastern US and serves customers nationwide.
CEO of Conner Industries, David Dixon stated, “As a buyer, I enjoyed working with Robert at Benchmark who helped keep the deal on track despite some of the matters that we were faced with. He worked diligently to help explain the matters to both sides and worked with both the buyer and the seller on viable solutions.”
Director from Benchmark International, Robert West, added, “Working with Mike and Spencer was very rewarding around. Our entire team was very heavily invested in a successful outcome for RoseMill from the time we were engaged. What we found in Conner is not only a great deal economically for our client, but a great cultural fit to ensure the legacy of RoseMill continues on. We’re excited for Mike, Spencer, and Conner Industries, and look forward to hearing of their future successes.”
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Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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