Graphic Packaging International completes Sierra Pacific Packaging asset acquisition
Apr 29, 2011. Graphic Packaging International, Inc. has completed its acquisition of substantially all of the assets and business of Sierra Pacific Packaging, Inc.
Apr 29, 2011. /Lesprom Network/. Graphic Packaging International, Inc. has completed its acquisition of substantially all of the assets and business of Sierra Pacific Packaging, Inc., a producer of folding cartons, beverage carriers and corrugated boxes for the consumer packaged goods industry, as the company said in a press release received by Lesprom Network.
"This is a unique opportunity that provides us with a strategic location to service customers on the West Coast and allows us to participate in the fast-growing craft beer and litho-lam wine box markets. We are pleased that the majority of the Sierra management team and employees will be joining Graphic, ensuring a smooth transition," said Graphic Packaging CEO David Scheible.
Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company, is a leading provider of paperboard packaging solutions for a wide variety of products to food, beverage and other consumer products companies. The company is one of the largest producers of folding cartons and holds a leading market position in coated-recycled boxboard and specialty bag packaging.