GRAND RAPIDS, Mich., Sept. 23 /PRNewswire/ — Surefil, a
contract manufacturer of liquid-fill products for the personal
care, home care, oral care, medical industries, and energy drinks,
emerged from Chapter 11 protection with Federal Court approval on
September 15, 2010. The company was able to attract ABACO Partners,
LLC a Michigan based company lead by the former Chief Executive
Officer of Universal Forest Products, Bill Currie, to purchase the
company. Surefil’s top management and all employees will remain
with the company.
“We are very pleased to have completed the acquisition of
Surefil,” said Currie. “The company is emerging from Chapter 11
debt-free and is well positioned for growth.” Mr. Currie is
currently Chairman of the Board at Universal Forest Products. Other
partners in ABACO include Mike Currie, president of Grand Northern
Products, Tom Seeber and Brady Bailiff of Blue Wing Partners, and
Bernd Durstberger.
Since its founding in 2005, Surefil grew rapidly and has become
a major player in the growing contract manufacturing business. The
company provides services to many well respected blue chip
companies in the personal care and drug market and numerous
entrepreneurial companies in the energy shot category.
“The willingness of a West Michigan business to reinvest in
Surefil was vital to creating and sustaining jobs in the area and
to the company’s successful navigation through Chapter 11,” said
Surefil President Bill Hunt. “The company was able to grow and
develop under the Chapter 11 protection by signing new contracts,
recruiting strong management talent and attracting dedicated
suppliers willing to bet on the company’s success.” Hunt also
credits Huntington Bank for supporting Surefil. “Huntington’s
commitment, focus and willingness to support Surefil for well over
a year were critical to this success story,” he added.
For more information about Surefil, please call 616-532-1700 or
visit
