DFW CRATING & PACKAGING acquired by SPECIALIZED PACKAGING GROUP
Context
Specialized Packaging Group (SPG) has bought DFW Crating & Packaging, a custom crate maker based in Grand Prairie, Texas, in a deal announced in September 2026. Founder Angela Mathews, who owned and ran the business, is giving up her ownership. The purchase gives SPG a foothold in the Dallas-Fort Worth market six months after it opened a manufacturing site in Austin to supply corrugated and foam packaging to customers in the southern and mid-south US, initially in the automotive and technology sectors. Chief executive Paul Budsworth singled out DFW's crating work, including server rack crating, as a complement to SPG's existing range. DFW Crating & Packaging will keep its name and its Grand Prairie facility.
DFW CRATING & PACKAGING, which reported an EBITDA margin of in 2026, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.5x).
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Target
Founded by Angela Mathews, DFW Crating & Packaging builds custom crates and protective packaging at its facility in Grand Prairie, Texas, for businesses across the Dallas-Fort Worth area. Each crate is designed around the item it has to protect, and the work extends to specialised jobs such as crating server racks for transport.
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REFERENCES
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: dfw crating & packaging
Acquirer: specialized packaging group