“We are pleased to welcome the Cox leadership team and employees to the Pretium organization. The acquisition brings additional HDPE manufacturing capability to Pretium, and gives us a strategic foothold in the Southeast. We will now be able to capitalize on the strong growth Cox has experienced over the past couple of years to better serve our combined customers,” says Paul Kayser, president and CEO, Pretium. “Additionally, we are aggressively looking to add other exceptional regional companies to our portfolio.”

The acquisition increases Pretium’s U.S. manufacturing locations to 17. The Cox facility is situated on 13 acres, making it ideally suited for future manufacturing expansion.

“Under Pretium ownership, we will now have the ability to offer our customers new products by leveraging Pretium’s extensive PET capabilities, as well as a manufacturing footprint across North America. We are excited to be a part of the Pretium team,” says Ken Cox, president, Cox Container.