Packaging Corporation of America completes acquisition of Columbus Container, Inc.

1 December, 17:30
Packaging Corporation of America (PCA ) has completed its acquisition of Columbus Container, Inc., an independent corrugated products producer in a cash-free, debt-free transaction. Funding for the $100 million acquisition came from available cash on hand, as the company said in the press release received by Lesprom Network.

PCA Chairman and CEO Mark Kowlzan said, “Completing the acquisition of Columbus Container is another excellent strategic fit for PCA and we expect to quickly integrate this great organization into our company.”

PCA is the fourth largest producer of containerboard and corrugated packaging products in the United States and the third largest producer of uncoated freesheet paper in North America.



Comments

To like this you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
To leave comments you need to register.
To do this, enter your name and email address.
Name:
Surname:
E-mail:
Sex:
If you are already registered
please enter your details here
We welcome comments that advance the story through relevant opinion and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Lesprom Network. For more information on our comment policy, see: http://www.lesprom.com/legal/comment_policy/
Back to top