Andover, Massachusetts
www.spiritfoodservice.com
www.mastercontainers.com
www.brandedstirs.com

Spirit Foodservice Products is a leading manufacturer and marketer of specialty stock and custom plastic and foam disposable serving products sold worldwide through foodservice and specialty advertising distributors, restaurant chains, casinos, nightclubs and bars.

• Spirit, best known for its custom swizzle stick, is the market leader in the stirrers, picks and specialty straws industries. Its products also include promotional cups, napkins and servingware.
• Spirit provides unique and colorful ways for business owners to serve their patrons, including a custom-printing capability to help them cost-effectively advertise their establishments and improve brand awareness.
• Prospect teamed with veteran industry executive Donald C. McCann and Spirit management to acquire the company in January 2006.
• The management team includes Mr. McCann, President and CEO; Joseph R. Pierro, Vice President of Sales and Marketing; Robert J. Morissette, Vice President of Operations; and Peter M. Maki, Chief Financial Officer.
• Spirit subsequently acquired Master Containers, Inc. of Mulberry, Fla. (July 2007)
  • Master Containers is a manufacturer of a broad line of stock and custom foam cups, lids and containers for hot and cold beverages.
• Spirit seeks to acquire other companies involved in complementary specialty foodservice disposables.
• Mr. Glastris and Mr. McCann serve Spirit's Board of Directors.
• SIC Codes: 3089 (plastics products, not elsewhere classified); 2679 (converted paper and paperboard products, not elsewhere classified); 3086 (plastics foam products)