Out of the Box? Charter Oak, Peninsula Acquire Seaboard
August 08, 2014
Charter Oak Equity and Peninsula Capital Partners have acquired a controlling interest in Seaboard Folding Box Company, looking to expand the business through investment and strategic acquisitions. Seaboard makes primary and secondary paperboard boxes for the specialty food, pharmacy and hardware markets. The company CEO will maintain a significant ownership position and continue his management role. Fifth Third Bank provided the senior debt.