Nyman Manufacturing Company, a Rumford, Rhode Island-based leading manufacturer of paper and plastic disposable cups and tableware in New England, retained Shields & Company to assist in a potential transaction to a prospective purchaser. The company entered into a purchasing agreement with Van Leer Corporation, a manufacturer of steel, metal, and plastic containers. The deal provided significant liquidity for certain company shareholders while retaining senior managers to continue to control and build the company.
Shields & Company acted as a financial advisor to Nyman Manufacturing Company in the above transaction.
