Announced
Completed
Synopsis
Veritiv, a global provider of specialty packaging, facility solutions, and print products, completed the acquisition of Packaging Solutions, a supplier of custom packaging solutions in Southern California. Financial terms were not disclosed. "This acquisition is another investment in building on our industry-leading specialty packaging distribution capabilities by strengthening our reach and ability to serve customers in Southern California. Packaging Solutions brings to Veritiv a well-established customer base in the region and represents our continued efforts to expand our national platform to better serve customers by combining the strength and scale of Veritiv with the entrepreneurial spirit of smaller, well-run family businesses. We look forward to welcoming Packaging Solutions' employees, customers, and suppliers to the Veritiv team as we continue delivering innovative and sustainable products and services to meet our customers' most complex supply chain needs," Sal Abbate, Veritiv Chief Executive Officer.
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