Portage-based manufacturer MSI Express acquired
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MSI Express, a food and beverage manufacturing and packaging company headquartered in Portage, is under new ownership. The company has been acquired by Boston-based private equity firm Nonantum Capital Partners, though financial terms are not being disclosed.
MSI Express provides contract services, including blending, packaging, and both dry and liquid filling, for a variety of food and beverage brands across the country.
The company operates 15 locations in six states, including four locations in Portage and sites in Hammond and Burns Harbor in northwest Indiana.
“From day one, we’ve been relentlessly dedicated to quality, innovation, and partnership—we’re committed to creative solutions and creating the most value possible for our clients,” MSI co-founder and CEO Charles Weinberg said in a news release. “We’re proud to have grown our business by strategically partnering with the nation’s leading brands, and we’re excited to have the Nonantum team’s support in scaling our business as we continue to grow alongside our customers.”
Nonantum did not specify how many employees work for MSI Express or if any jobs would be affected by the acquisition. A spokesperson for Nonantum declined to provide further information to Inside INdiana Business.
“Charles and team have built an outstanding company that is laser-focused on engineering expertise and client service and offers a deep knowledge of the food and beverage sector,” Nonantum Managing Partner Jon Biotti said in the release. “MSI has a strong track record and a bright future.”