FCA Packaging Expands with Viking Acquisition
Deal News | Apr 09, 2025 | Wynnchurch Capital
FCA, LLC (FCA Packaging), a leading manufacturer of customized industrial protective packaging solutions and a portfolio company of Wynnchurch Capital, has announced the acquisition of Viking Packing Specialist. Viking, headquartered in Tulsa, Oklahoma, is known for its custom wood crates, cases, metal containers, and packaging solutions for dangerous goods such as EV batteries and defense articles. The acquisition is seen as a strategic move for FCA, allowing the company to expand its product offerings and market presence, particularly in Texas and Oklahoma. David Wilsted, CEO of FCA, emphasized the value that Viking’s reputation and capabilities bring to FCA’s already established expertise in the industry. From Viking’s perspective, President Dave Weilert expressed enthusiasm for combining forces with FCA to better serve customers and navigate the regulatory complexities of the market. Frank Hayes, Managing Partner at Wynnchurch, noted that the acquisition will enhance FCA’s reach in high-growth markets and strengthen its portfolio with Viking’s leading status in the dangerous goods sector. Wynnchurch Capital is a notable private equity firm with $8.6 billion under management and extensive experience in growth capital, buyouts, and restructurings, further solidifying the strategic depth behind the acquisition.
Sectors
- Industrial Packaging
- Private Equity
Geography
- United States – Both FCA and Viking operate primarily in the United States with a significant expansion into Texas and Oklahoma markets.
- Canada – Wynnchurch Capital, being based in both the United States and Canada, brings expertise from both regions in its investment strategy.
Industry
- Industrial Packaging – The acquisition involves FCA Packaging, a leader in customized industrial protective packaging, further expanding its market presence.
- Private Equity – Wynnchurch Capital, a private equity firm, is involved in the transaction, managing the acquisition as part of its strategy to enhance its portfolio companies.
Financials
- $8.6 billion – Assets under management by Wynnchurch Capital, highlighting their capacity for substantial investments and acquisitions.
Participants
Name | Role | Type | Description |
---|---|---|---|
FCA Packaging | Acquirer | Company | Manufacturer of customized industrial protective packaging solutions and a portfolio company of Wynnchurch Capital. |
Wynnchurch Capital | Private Equity Company | Company | A leading middle-market private equity investment firm managing $8.6 billion in assets. |
Viking Packing Specialist | Target Company | Company | A provider of custom wood, plastic, metal, and corrugated packaging for dangerous goods. |
David Wilsted | CEO of FCA Packaging | Person | Chief Executive Officer of FCA, overseeing the strategic direction and expansion activities such as this acquisition. |
Dave Weilert | President of Viking Packing Specialist | Person | President of Viking, instrumental in Viking's operations and growth strategy. |
Frank Hayes | Managing Partner at Wynnchurch Capital | Person | Managing Partner responsible for strategic decisions regarding portfolio companies like FCA. |