KapStone Paper and Packaging Corporation completed the acquisition of Central Florida Box (CFB) Corporation located in Lake Mary, Florida, as the company said in the press release received by Lesprom Network.
Chairman and CEO, Roger W. Stone, stated, "The acquisition of Central Florida Box enhances KapStone's footprint in the strategic Southeast market. In addition, this acquisition further strengthens our goal of increasing integration, providing additional internal opportunities for our Mill Division and Victory Packaging. We believe this business acquisition is a wonderful fit to our overall business strategy."
CFB provides design, graphics, manufacturing, assembly, fulfillment, warehousing and distribution services to over 400 customers ranging from small, family-owned companies to large, national corporations.
KapStone Paper and Packaging Corporation is the fifth largest producer of containerboard and corrugated packaging products and is the largest kraft paper producer in the United States.
