BASCO, Inc. has acquired Discount Vials to expand its product offerings and geographical presence within the industrial packaging sector.
Target Information
BASCO, Inc. has announced its acquisition of Discount Vials, effective January 31, 2023. With over 75 years of experience, BASCO has established itself as a leader in the industrial packaging industry, catering to a diverse clientele with a range of container solutions. Headquartered in University Park, Illinois, the family-owned business operates facilities in North Carolina, Arizona, Indiana, and Ohio, and the acquisition of Discount Vials will extend its footprint into Wisconsin. This marks the fifth acquisition for BASCO, enhancing its market presence.
Founded in 1999, Discount Vials is based in Madison, Wisconsin, and specializes in the distribution of glass vials and bottles, along with their respective caps and closures. The company is known for its commitment to quality products and exceptional customer service, fostering a family-oriented business atmosphere. Ownership will transition smoothly as founders Rhett and Laura Roeth will remain involved throughout the integration process, and BASCO plans to retain all existing employees of Discount Vials.
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Industry Overview
The industrial packaging sector in the United States has witnessed steady growth, driven by increasing demand across various industries, including pharmaceuticals, cosmetics, and food and beverage. Innovative packaging solutions are
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BASCO, Inc.
invested in
Discount Vials
in 2023
in a Buyout deal