Ryt-way Industries LLC Acquires the Food & Beverage Contract Packaging and Equipment Manufacturing Businesses of Cloud Packaging Solutions

 

Lakeville, Minn., June 29, 2010 — Ryt-way Industries LLC (“Ryt-way”) has acquired from
Cloud Holdings LLC the food and beverage contract packaging and equipment manufacturing
businesses of Cloud Packaging Solutions consisting of the three companies of Cloud Packaging
Services (“Cloud PS”), Cloud Equipment Company and Toll Packaging Services (“Toll”).

 

The combination of the four businesses will create one of North America’s leading contract
packaging companies with approximately $200 million of combined revenues across six
facilities, and long-term relationships with many of North America’s leading consumer packaged
goods food companies. Following the acquisitions, Ryt-way will offer its customers a broad
suite of packaging options, technological advantages, and category expertise for the packaging of
a broad number of dry foods including cereals, prepared meals, snacks, sweeteners, side dishes,
desserts, dried fruit, nutraceuticals, and pet foods.

 

Ryt-way, headquartered in Lakeville, Minn., is a leading contract packager of dry food products
such as ready-to-eat cereals, prepared meals, side dishes, beverages and sweeteners.

 

David Finch, CEO of Ryt-way, said, “By bringing these companies together we will be better
positioned to offer each of our customers more comprehensive solutions in contract packaging,
new product commercialization, and innovation. Each company brings to the table a strong set
of competencies, excellent people, and proven industry know-how. Each is a respected leader in
their industry segment.”

 

Cloud Packaging Services, based in Des Plaines, Ill., is a leader in high-speed, flexible film
contract packaging. Cloud Equipment Company, based in Des Plaines, Ill, is the premier
manufacturer of high-speed packaging equipment for packet, pouch, and thermoforming
applications. Toll Packaging, based in Gibson City, Ill., is a leader in mid-speed, flexible
packaging systems for both pet and human foods. All three companies serve leading consumer
packaged goods companies.

 

“All four companies have long-standing customer relationships and excellent reputations for
quality and service,” David Finch commented. “We are very excited about the opportunity to
work with the people at all the companies. Combined, we are bringing together a tremendous
amount of talent and know-how for our customers and industry.”

 

About Ryt-way Industries LLC
Ryt-way, headquartered in Lakeville, Minn., is a leading contract packager of dry foods serving
North America’s largest food and consumer products companies. Ryt-way is known for its
flexibility, scale and commercialization expertise and offers both primary and secondary
packaging solutions. Ryt-way is a portfolio company of Wind Point Partners, a Chicago-based
private equity investment firm. Additional information about Ryt-way is available at
www.rytway.com.

 

About Cloud Packaging Solutions
Cloud Packaging Solutions, based in Des Plaines, Ill., is a leading contract packager of dry foods
using high speed, flexible film packaging systems. Cloud Packaging Solutions is a leader in dry
mix categories such as beverages, hot cereals, confections and sweeteners. Cloud Packaging
Solutions offers both primary and secondary packaging services in two facilities in Des Plaines,
IL. Additional information about Cloud Packaging Solutions is available at www.cloudps.com.

 

About Cloud Equipment Company
Cloud Equipment Company, based in Des Plaines, Ill., is a leading manufacturer of high-speed
packaging equipment for pouch and packet products, and thermoform applications. Cloud
equipment is a market leader in speed, accuracy, and quality. Cloud Equipment Company
provides both equipment and engineering solutions for its customers. Additional information
about Cloud Equipment is available at www.cloudeg.com.

 

About Toll Packaging Company
Toll Packaging Company, based in Gibson City, Ill., is a leading contract packager of dry foods
for both human and pet food markets. Toll is a leader in flexible, mid-speed packaging
solutions. Additional information about Toll Packaging is available at www.tollpackaging.com.