Red Arts Capital acquired Coregistics in June 2022. The acquisition was financed through Red Arts Capital’s flagship fund, Red Arts Capital Opportunity Fund I, along with significant co-invest raised from LPs, family offices, and other strategic investors. On a consolidated basis, Coregistics generates approximately $350 million in revenue and operates a North American footprint encompassing over 3 million square feet.
Belvika, established in 1993 as a family-owned company, is a full-service supplier of contract packaging and supply chain solutions. Belvika supports global and emerging high-growth brands with its material sourcing, primary and secondary packaging, and merchandising displays capabilities. Belvika is recognized as a market leader that has served top 25 food and beverage companies since its founding, including many well-known household brand names.
As part of Red Arts’ value creation strategy, Belvika’s team will be an integral part of Coregistics’ go-forward operations. Belvika and Coregistics will be able to collectively draw from decades of institutional knowledge and experience, strengthening the expertise and customer-centric approach of the consolidated organization.
“This acquisition marks a pivotal moment for Coregistics as we expand our footprint and reinforce our position as a leader in the contract packaging industry,” said Victor Crawford, Coregistics' newly appointed Executive Chairman. “We are thrilled to see the Belvika team continue to be a part of the business and are excited to welcome them to the Coregistics family. Their deep industry insights and proven track record of success will be invaluable as we continue to deliver exceptional packaging and logistics solutions to our valuable customers.”
