American packaging manufacturer PaperWorks Industries has agreed to acquire CanAmPac, the Canadian paperboard group, for an undisclosed sum.
The acquisition includes folding carton manufacturer Boehmer Box, which produces offset-litho printed folding cartons for North American food packagers; coated recycled board producer Strathcona Paper; and LYFT Visual graphic services.
The deal – expected to be finalised next month, subject to the approval of Canada’s competition bureau – will enhance PaperWorks’ position in the paperboard packaging industry across the region, particularly as CanAmPac’s operations are so closely aligned with that of the Pennsylvania packaging group.
PaperWorks Industries president and chief executive officer Kevin Kwilinski said: “CanAmPac is a leading Canadian integrated paperboard and consumer packaging supplier. Its quality-oriented manufacturing and converting capabilities, coupled with a complementary customer base, make it an ideal addition to the PaperWorks portfolio. We look forward to providing an expanded packaging supply source for North American board and carton customers.”
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