Powerful Combination to Serve Consumer and Healthcare Customers Across North America

HUNTERSVILLE, N.C.--(BUSINESS WIRE)--

Precision Concepts International, LLC (“PCI”) today announced it has acquired Comar. The combination establishes a scaled rigid packaging platform serving diverse consumer and healthcare customers across North America.

Headquartered in Huntersville, North Carolina, PCI is a provider of specialty rigid packaging solutions to small and mid-size brand owners in the personal care, household, and food and beverage sectors. Comar is a producer of consumer and healthcare rigid packaging products and plastic medical products. Both companies serve a broad array of customers across stable consumer and healthcare end markets.

“The combination of PCI and Comar creates a powerful partnership that enhances our capabilities to provide industry-leading rigid packaging solutions and exceptional service. The acquisition enables PCI to offer an even broader range of products and services to deliver more value to our customers,” said Ray Grupinski, CEO of Precision Concepts.

“Partnering with Comar will further accelerate the growth of the PCI platform. The combined company will benefit from enhanced geographic, customer, and end market diversification, and the acquisition marks an important step forward in our mission to build a specialty packaging leader,” said Ken Swanson, Chairman of Precision Concepts.

Precision Concepts is a portfolio company of The Sterling Group (“Sterling”), an operationally-focused middle market private equity firm based in Houston, Texas. Sterling acquired PCI in July 2025. Sterling has a long history of building market leaders in the packaging industry.

Evercore acted as financial advisor and Latham & Watkins LLP acted as legal advisor to PCI. Guggenheim Securities, LLC acted as financial advisor and Jones Day LLP acted as legal advisor to Comar.

About Precision Concepts

Based in Huntersville, North Carolina, Precision Concepts is a diversified manufacturer of specialty rigid packaging solutions (sticks, jars, vials, closures, spouts, bottles, tubes) serving the personal care, household, and food and beverage industries. The company has ~1,200 employees with nine manufacturing facilities located in Canada, the United States, and Costa Rica. For further information, please visit www.pcinternational.com.

About Comar

Founded in 1949, Comar is a producer of consumer and healthcare rigid packaging products and plastic medical products. Comar operates nine manufacturing facilities across the U.S., with two additional locations in Puerto Rico and Ireland. For further information, please visit www.comar.com.

About The Sterling Group

Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $1 billion. Sterling has sponsored the buyout of 76 platform companies and numerous add-on acquisitions for a total transaction value of over $25 billion. Sterling currently has approximately $9 billion of assets under management. For further information, please visit www.sterling-group.com.

Past performance is no guarantee of future results and all investments are subject to loss.

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Source: The Sterling Group