PaperWorks Acquires Printing, Packaging Producer
PaperWorks Industries, Inc., a Bala Cynwyd, Pa., paperboard packaging supplier, acquired Canada-based CanAmPac. The acquisition includes coated recycled board (CRB) producer Strathcona Paper, folding carton manufacturer Boehmer Box and LYFT Visual graphic services.
“CanAmPac is a leading Canadian integrated paperboard and consumer packaging supplier. Its quality-oriented manufacturing and converting capabilities, coupled with a complementary customer base, make it an ideal addition to the PaperWorks portfolio,” says Kevin Kwilinski, president and CEO, PaperWorks. “We look forward to providing an expanded packaging supply source for North American board and carton customers.”
The acquisition is expected to be finalized in July, and is subject to approval by the Canadian Competition Bureau.