US – S. Walter Packaging Group has signed an agreement to acquire Elk Grove, IL-based Pulver Packaging, one of the premier manufacturers of folding cartons and paperboard packaging for an undisclosed sum.
According to S. Walter, the deal will allow it to provide all-inclusive services to customers seeking fully customizable packaging solutions.
The services include design, sourcing, printing, fabrication, enhancement, warehousing, inventory management, fulfillment and delivery.
“We are always looking for opportunities that will provide additional value to our broad base of customers, and this acquisition allows us to offer a one-stop shop for turnkey customized packaging solutions,” said Kurt Koloseike, President and CEO of S. Walter Packaging Group.
“For more than a century, S. Walter has been committed to developing and refining packaging solutions for companies and brands of every size in a multitude of industries and verticals. This acquisition is a testament to that commitment,”
Based in Elk Grove, Illinois, Pulver Packaging is a producer of quality paperboard packaging for a wide variety of industries like food, cosmetics, hair care, hardware, household, and software.
The Pulver Packaging operations will continue to be located in Elk Grove, Illinois, and will join LPI, a branch of SWPG with headquarters in Milwaukee, Wisconsin.
Pulver Packaging President Patrick Pulver said: “For more than 65 years, Pulver Packaging has been an industry leader with a reputation for exceeding our customer demands, and this acquisition means our customers now have more robust, next-level solutions for all their packaging needs.”
LPI is known for assisting clients in differentiating their brands through distinctive custom packaging solutions that include high-end enhancements and finishes, custom graphic printing, and advanced digital technology capabilities.
Commenting on the deal, Mike Draver, senior VP and GM of LPI added: “LPI has always been a leading provider of new solutions for our packaging and graphic finishing customers and this acquisition will allow us to bring more innovative solutions for our clients.
“We look forward to working with the Pulver Packaging team to expand our manufacturing platform and leveraging our extensive design, graphic printing and graphic finishing solutions to provide limitless possibilities for our clients.”
Founded in 1904, Walter Packaging provides custom packaging and logistics solutions to the retail, consumer products, industrial, medical and advertising specialty industries, along with value-added services.
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