Veritiv expands portfolio with Orora Packaging Solutions acquisition

USA – Veritiv Operating Company, a leader in specialty packaging distribution, has completed the acquisition of Orora Packaging Solutions (OPS), further enhancing its specialty packaging capabilities.

This move reinforces Veritiv’s dedication to delivering innovative and sustainable packaging solutions to its customers.

Veritiv CEO Sal Abbate stated, “The completion of this acquisition is the next step in enhancing the value we are able to deliver to customers.

Together, Veritiv and OPS will leverage our shared commitment to innovation, sustainability, and exceptional customer experiences to offer an even wider range of specialty packaging products and value-added solutions.

“Our unparalleled size and scale position us to best meet our customers’ most complex supply chain needs.”

The acquisition brings OPS’ nearly 3,000 employees, customers, and suppliers under Veritiv’s umbrella.

OPS President Kelly Barlow expressed optimism, saying, “Our team is excited for the opportunities ahead to partner with Veritiv, and I am confident we will be better together for our customers, our suppliers, and our employees.

“Our complementary visions, strategies, and core values make this partnership a natural fit. The addition of OPS to Veritiv’s packaging distribution platform will provide an even more compelling customer offering and significant value creation potential.”

Expansion through strategic acquisitions

The OPS acquisition follows Veritiv’s recent purchases of Vivabox Solutions, AmeriPac, and PAX Global, showcasing its strategic focus on expanding expertise and market reach. 

Vivabox Solutions, acquired earlier, strengthens Veritiv’s kitting and design capabilities, particularly for premium consumer brands.

Operating globally across the US, Europe, and Asia, Vivabox provides customized multibrand kitting solutions for luxury brands and employs 77 staff in key US locations, including Rockville, Dallas, and Scottsdale. 

Regarding the Vivabox acquisition, Abbate noted, “This acquisition leverages our leadership and expertise in packaging distribution and commercial operations. Like Veritiv, Vivabox serves businesses with complex packaging and supply chain needs.

“Their ability to deliver customized solutions and enhanced value-added services makes them a strong addition to our packaging segment.”

Veritiv anticipates these acquisitions will expand its strategic relationships, international sourcing expertise, and service offerings, positioning the company as a leader in innovative and sustainable packaging solutions.

Sign up HERE to receive our email newsletters with the latest news and insights from Africa and around the world, and follow us on our WhatsApp channel for updates.

Newer Post

Thumbnail for Veritiv expands portfolio with Orora Packaging Solutions acquisition

Polyco provides PPEs to boost waste reclaimers’ safety and efficiency in Western Cape

Older Post

Thumbnail for Veritiv expands portfolio with Orora Packaging Solutions acquisition

East African Nations to launch unified power market by 2025

Be the first to leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.