Berkley International has sold its molded fiber manufacturing affiliate, Berkley MF LLC, to International Paper for an undisclosed purchase price. Calabasas Capital served as exclusive financial advisor to Berkley.
Based in Reno, Nevada, Berkley MF LLC designs, manufactures and distributes custom molded fiber packaging products to a wide range of high growth consumer products companies, including several e-commerce brands. The parent company of Berkley MF LLC, Berkley International, is a Los Angeles based provider of end-to-end packaging and fulfillment solutions, which along with its affiliate Berkley Industries will continue to operate independently. Sean Berkley, formerly President of Berkley MF, will transition to International Paper and continue to run the business.
Based in Memphis, Tennessee, International Paper is a publicly traded paper and packaging company with global operations.
