USA – Mauser Packaging Solutions, a preeminent global provider of rigid packaging products and services, has finalized the acquisition of substantially all of the assets of Consolidated Container Company, LLC.
Renowned for its manufacture, reconditioning, and distribution of industrial containers, Consolidated Container also offers recycling and associated services.
Valued at US$56 million in cash, the acquisition encompasses virtually all assets held by Consolidated Container.
With operational hubs in Minneapolis, Minnesota, and Kansas City, US, this strategic maneuver is poised to seamlessly complement Mauser’s existing business endeavors.
The expansion is forecasted to augment Mauser’s product and service portfolio, thereby unlocking avenues for growth for its clientele, workforce, and suppliers.
David Vergo, President of Mauser’s North America Industrial Packaging segment, commented, “The acquisition of Consolidated Container synergizes with the Mauser product and service portfolio on multiple fronts, presenting significant opportunities for our customers, employees, and suppliers.
“We extend a warm welcome to the personnel of Consolidated Container into the Mauser family and eagerly anticipate their contributions in furthering our mission of delivering top-tier products and unwavering service.”
Phillip Dworsky, CEO and co-founder (alongside his brother, William Dworsky) of Consolidated Container, expressed gratitude, stating, “It has been a privilege to serve our clientele, represent our suppliers, and collaborate with our workforce over the years.
“William and I deeply value our team’s dedication and commitment to excellence and anticipate the new vistas of opportunity that will emerge for our esteemed clientele and team members as part of the Mauser organization.”
This transaction follows a similar acquisition completed by Mauser last November of Taenza, S.A. de C.V., a reputable manufacturer of tin-steel aerosol cans and steel pails based in Mexico.
With a robust presence encompassing 5 manufacturing facilities across Mexico and a workforce exceeding 850 personnel, Taenza boasts a diverse product portfolio comprising aerosol spray cans, steel pails, and paint cans catering to clientele in the paint, coatings, and chemical sectors.
Mark Burgess, Chief Executive Officer of Mauser Packaging Solutions, highlighted, “The convergence of Taenza’s robust local footprint and expertise with Mauser Packaging Solutions’ global network positions us favorably to cater to our clientele more effectively.
“Our organizations share common values, emphasizing safety, the delivery of premium packaging solutions, facilitating customer expansion, and driving shareholder value. We eagerly anticipate welcoming our Taenza colleagues into the fold in the foreseeable future.”
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