Altamont Capital-backed Specialized Packaging completed the acquisition of Packaging Concepts & Designs and Packaging Specialists.

Altamont Capital-backed Specialized Packaging, a vertically integrated provider of protective packaging products, completed the acquisition of Packaging Concepts & Designs, a provider of engineered packaging products and solutions, and Packaging Specialists, a firm engaged in the custom and semi-custom engineered protective packaging. Financial terms were not disclosed. “The addition of PC&D to our Engineered Packaging division means we will be adding world-class engineering capabilities to an operation that is already an industry leader. PC&D has been the go-to packaging design firm for the automotive industry for over 40 years. With this announcement, we are excited to strengthen our presence in automotive, especially the growing electric vehicle market, which will allow us to better serve our customers," Bob Lally, SPG CEO.