Lion/Circle Acquires Pierce-Hart
Lion/Circle, Chicago, recently purchased Pierce-Hart Inc. dba HAPI-Line, formerly based in Indianapolis. The acquisition combines two customizable paper product manufacturers under one 100,000 sq.ft. location based in the Chicago area.
“We are very pleased with this strategic acquisition,” noted Rich Carollo, vice president of marketing for Lion/Circle. “We will be in a position to bring together the competencies of both companies, as well as their know-how and resources, and make use of synergies to cope with growing market demands.”