Milwaukee, Wisconsin based Mason Wells announced the closing acquisition of Accord Carton, LLC, a folding carton converter serving food and beverage end markets.
The company will be owned by Mason Wells, members of the Codo family, and other board members and co-investors.
Accord was founded in 1940 by Abraham Codo, the grandfather to third-generation brothers, Robert and Bill Codo, who have led the business for nearly 30 years. Headquartered in Alsip, Illinois, Accord offers large-format production capabilities and serves global and regional consumer packaged goods companies throughout North America.
Since 1998, Mason Wells has invested in numerous midwest-based companies in the packaging materials and converting sector supporting family-ownership transitions.
“We are excited about the opportunity to partner with Mason Wells and continue the company’s growth,” said Robert Codo.
“Their experience successfully building packaging businesses will provide Accord the resources to support its long-term growth initiatives. We look forward to building upon Accord’s world-class capabilities to continue providing top-notch service to existing and new customers.”