Unicep Packaging finalizes sale of company

Print Article

SANDPOINT — There’s a new set of owners at the helm of Unicep Packaging, Inc.

A company founded by local dentist John Snedden, Unicep manufactures and packages several health and cosmetic products and employs about 150 people. The company is under new hands after its sale last week to Marcus Anderson and Clint Marshall.

“Clint and I have always had our hearts set on owning our own business,” Anderson said. “Unicep was perfectly placed for us, with a great clientele and philosophy, and plenty of opportunities for the future.”

Thanks to the pioneering done by Snedden, Unicep found a niche in the oral health care, in-vitro-diagnostic, over-the-counter and cosmetic markets with its innovative dispensers, including the MicroDose and the Twist-Tip.

With patents and equipment fueling business across locations in Sandpoint and Liberty Lake, Wash., Anderson and Marshall saw the investment as a sound one for future growth. They also had plenty of time to grasp the nature of the business. Anderson was company president and Marshall was CFO at Unicep Packaging, Inc., prior to the sale.

“Over the past five years, we’ve been learning everything there is to know about the business,” Marshall said. “We’re excited about taking Unicep to the next level.”

According to their expectations, there’s ample room to expand into new markets and greater profitability. The two are eager to explore those opportunities as they complete the transition into their new status.

Both Anderson and Marshall have plenty of experience to call upon as new owners. Marshall began as an auditor with Coopers and Lybrand in Spokane before preparing the company Telect for an IPO. As for Anderson, he has accumulated more than 20 years in production and manufacturing management. Mostly recently, he worked as Telect director of global operations, overseeing plants in America, China, Mexico and Poland.  

However, the Unicep sale might not have been possible if not for Panhandle State Bank Regional President Joe Williams, who facilitated the transaction. Using his financial expertise, Williams brought business to a happy conclusion for everyone involved.

“No way could this have happened without the persistence of Joe Williams at Panhandle State Bank,” Snedden said.

Print Article

Read More News

Abandoned beasts plague local park

February 22, 2018 at 5:00 am | Coeur d'Alene Press It began last Thursday when a concerned citizen posted a photo of a dog on the Athol Neighborhood Alerts and News Facebook group page. "Anyone recognize this girl?" FB user Shelli Jean pos...

Comments

Read More

Tamarack winglets gain PMA approval

February 22, 2018 at 5:00 am | Bonner County Daily Bee SANDPOINT — Tamarack Aerospace Group has announced today that it has now received additional parts manufacturer approval for its ATLAS active winglets on the Cessna Citation business jet line, wit...

Comments

Read More

VFW hosting pancake breakfast

February 22, 2018 at 5:00 am | Bonner County Daily Bee SANDPOINT — A pancake breakfast feed will be held at the VFW Hall in Sandpoint on Saturday, Feb. 24. The breakfast, which will take place from 7 a.m. to 10 a.m., will include biscuits and gravy, scr...

Comments

Read More

County roads are open for hauling

February 22, 2018 at 5:00 am | Bonner County Daily Bee SANDPOINT — With cooler temperatures, all roads in the county are green flagged with weight limits and open for hauling through Monday. It is the responsibility of the hauler to contact Bonner Count...

Comments

Read More

Contact Us

(208) 263-9534
PO Box 159
Sandpoint, ID 83864

©2018 Bonner County Daily Bee Terms of Use Privacy Policy
X