Altamont Capital-backed Specialized Packaging Group completed the acquisition of Specialized Packaging Solutions.

Altamont Capital-backed Specialized Packaging Group, a provider of protective packaging products, completed the acquisition of Specialized Packaging Solutions, a packaging business. Financial terms were not disclosed. “The addition of SPS to our Engineered Packaging division means we will be adding world-class capabilities to an operation that is already an industry leader. With this announcement, we are excited to strengthen our presence in Northern California, which will allow us to better serve the customers of both SPG and SPS. We are looking forward to bringing the SPS team fully onboard and integrating them into a footprint that extends across North America and provides high-quality products to a diverse customer base," Bob Lally, SPG CEO.