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February 12, 2013
By: TOM BRANNA
Editor
Diamond Packaging has announced that Karla Fichter acquired her sister Kirsten Werner’s share of the company in a transaction finalized on Dec. 27, 2012. The transaction maintains the company’s status as a certified woman-owned business and streamlines the company’s leadership structure. Working with its existing principal lender, M&T Bank, and Ironwood Capital, a private equity firm based in Avon, CT, Diamond Packaging was able to finance the buyout of Werner. The financing package utiliz...
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