Pretium Packaging acquires Custom Blow Molding (CBM)
Pretium Packaging, manufacturer of PET and HDPE blow-moulded containers and closures for the Food and Specialty Beverage, Household and Industrial, Health and Beauty market sectors, welcomes the leadership, employees and expertise of Custom Blow Molding (“CBM”) – one of the leading packaging and container producers for the Sports Nutrition and Nutraceuticals market sectors.
Based in Escondido, California, USA, CBM is said to be a premier supplier of plastic containers and closures for most of the leading brands in the sports nutrition market serving customers from their locations in Escondido, Carrollton, Texas and Aurora, Illinois. Pretium will retain the CBM brand, and both Bill McNeal and Joe Abbott will join Pretium’s leadership team where they will continue to lead the CBM business into its next phase of growth.
Mesirow Financial served as the financial advisor to CBM for this transaction.
