CCI Static Holdings, LLC, a leading provider of static control packaging for electronics, high-value components and optics, has acquired Crestline Plastics, Inc., a premier manufacturer of thermoformed packaging for optical components and other precision electronics.

The deal was closed in early November, following CCI’s partnership with private equity investment firm, Great River Capital Partners, in late 2021.

Crestline Plastics, based in Albuquerque, New Mexico, was founded in 1981 by Steve Hermann and is now owned and operated by his son, Derek Hermann.

The company serves over 200 customers, including Fortune 500 accounts, with packaging and material handling solutions for precision glass, lenses, laser optics, image capture devices and other delicate components.

Derek Hermann will continue as the General Manager, Crestline Division, and all Crestline employees will join the CCI team.

Brad Ahlm, CEO of CCI, expressed his excitement about the acquisition, saying that Crestline has unique capabilities that complement CCI’s product offerings.

He also said that Crestline will help CCI expand its presence in the southwest region and serve key accounts in Southern California and Mexico. He added, “The fit could not be better!”

Derek Hermann also shared his positive outlook, saying that Crestline will benefit from CCI’s expanded product development, engineering and sales resources. He said, “This will only help push Crestline to the next level and to serve our customers in new, creative ways. We are enthusiastic about being a part of CCI, a known leader in ESD and other specialty packaging applications.”

The acquisition was identified directly by Great River Capital Partners, without any intermediary involved. Diligence support and financing was provided by Great River and CCI’s existing bank lender, Salem Five Bank. Crestline will continue to operate in its existing leased facility in Albuquerque, NM, doing business as “CCI–Crestline Division”.

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