Veritiv Operating Company announced that it has acquired the packaging distribution business of S. Walter Packaging Corp., a provider of custom packaging solutions serving retail, hospitality, food & beverage, and fashion markets.
"This acquisition supports Veritiv's strategy to grow our core specialty packaging business, particularly in high-value segments such as retail packaging," said Sal Abbate, Chief Executive Officer of Veritiv. "S. Walter brings a long-standing customer base and together, we will continue to grow in our ability to serve premium brands with speed, customization, and innovation."
The addition of S. Walter complements Veritiv's packaging distribution business, enhances its direct-to-store services and strengthens multi-brand kitting and premium packaging capabilities.
Founded in 1904, S. Walter has built a strong reputation in custom packaging and promotional products. They have 110 employees with operations in Trevose and Shoemakersville, Pa.
Headquartered in Atlanta, Veritiv Operating Company is a leading full-service provider of packaging solutions.