Veritiv completed the acquisition of the packaging distribution business from S. Walter Packaging.

Veritiv, a full-service provider of packaging solutions, completed the acquisition of the packaging distribution business from S. Walter Packaging, a provider of custom packaging solutions. Financial terms were not disclosed. "This acquisition supports Veritiv's strategy to grow our core specialty packaging business, particularly in high-value segments such as retail packaging. S. Walter brings a long-standing customer base and together, we will continue to grow in our ability to serve premium brands with speed, customization, and innovation," Sal Abbate, Veritiv CEO.