Michael Doss, Graphic Packaging's President and CEO commented, "The acquisition is a continuation of our unwavering commitment to develop the best supply chain in the industry. Metro Packaging is strategically situated near key northeast customers and supports our vertically-integrated model. We look forward to welcoming Armand deTorres, President and CEO of Metro Packaging, and his outstanding leadership team to Graphic Packaging."
The acquisition is subject to standard closing requirements and is expected to be completed later this week.
Metro Packaging & Imaging, Inc. is a printed folding carton producer primarily servicing the food and away-from-home end markets through strong sheet-fed and web press capabilities.
Graphic Packaging Holding Company is a leading provider of paper-based packaging solutions for a wide variety of products to food, beverage and other consumer product companies. The Company operates on a global basis, is one of the largest producers of folding cartons in the United States, and holds leading market positions in coated unbleached kraft paperboard and coated-recycled paperboard.
