Menasha Acquires Canada-Based Portable Packaging Systems
Menasha Corp., Neenah, Wis., acquired Canada-based Portable Packaging Systems, Inc. The family-owned business will operate as part of Menasha Packaging Canada L.P., a subsidiary of Menasha Corp. Terms of the transaction were not disclosed.
Like Menasha Packaging, Portable Packaging designs promotional packaging and displays for retailers and consumer packaged goods companies, and provides material sourcing, assembly, repacking, fulfillment and distribution services for the food industry.
"Acquiring an additional company in Canada that is well aligned with our values and business model provides Menasha Packaging with additional capabilities and resources to meet the growing needs of CPG customers in North America," says Jim Kotek, president and CEO of Menasha.
"Portable Packaging's structural and graphic design expertise, along with its integrated merchandising supply chain model, complement Menasha Packaging's platform and strengthens our integrated materials and services business model in Canada," says Mike Waite, president of Menasha. "This is a very exciting time for our company and employees, and I look forward to the many opportunities this partnership and expansion will provide to new and current customers in Canada."