Southeastern: A World of Change, Growth
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Erik Cagle
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The deal, from start to finish, was fortuitous. Mader was about to take his family on a Mexican vacation when the phone rang with a deal he couldn't let pass by.
"It turned into a fantastic opportunity for us, as they had recently installed new, modern equipment," Mader remarks. "Before we closed on the facility, we had multi-year contracts signed with some of the largest beverage companies in the country. From a capital investment standpoint, we were in there for pennies on the dollar for what it would take to greenfield an operation. It adds tremendous capacity and provides us an opportunity to go after larger brands with that capacity. It's turning out to be the most successful acquisition the company has ever made."
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Erik Cagle
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