Announced
Completed
Synopsis
Rapid Packaging, a Minnesota-based distributor of secondary packaging supplies, packaging automation equipment, and industrial bags, completed the acquisition of Lawgix International, a distributor of bulk bags primarily to the food and agriculture markets. Financial terms were not disclosed. "We are excited to announce the acquisition of Lawgix International. This acquisition will help us continue to grow our industrial bag business. In particular, we are excited about the potential growth of Lawgix's closed-loop Multi-Trip Bag Program, that provides a sustainable option for companies needing industrial bags. Quazar played a crucial role in sourcing and guiding us through this deal, we are grateful for their work on this transaction," Curtis Mohr, Rapid Packaging President.
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