Pella completed the acquisition of Karton-Pak.

Pella, a company that operates in the area of management companies, enterprises, and investment companies, completed the acquisition of Karton-Pak, a manufacturer of cardboard and paperboard packaging. Financial terms were not disclosed. "We are confident that the company's acquisition of an experienced investor will equip our organization with the necessary resources in the form of capital, know-how, and a long-term strategy and will ensure its continued dynamic growth. We have full trust in the competence of the new owner of Karton-Pak, as well as in his commitment to respecting the company's existing, long-standing relationships with its stakeholders," Karton-Pak statement.