Ranpak Acquires Geami

Ranpak Corp., Concord Township, Ohio, USA, has completed the acquisition of Geami Ltd., Raleigh, N.C., a producer of sustainable protective paper packaging materials and solutions, including its flagship product, GreenWrap. This expandable die-cut kraft paper with interleaf tissue is a paper alternative to packaging materials such as bubble, packing peanuts, foam, and air pillows. Ranpak Corp. is a global manufacturer of "in-the-box" protective paper packaging materials and systems.

"Geami has a tremendous team of employees and products that we are excited to welcome into the Ranpak family," said Stephen Kovach, president and CEO of Ranpak. "Their wrapping products provide efficient and effective packaging solutions to companies in the housewares, home décor, and industrial markets.

 

Geami’s products will fit extremely well within Ranpak’s portfolio of innovative paper packaging systems. We are confident that the combination of Ranpak’s expertise and worldwide distribution network along with Geami’s products will further accelerate Ranpak’s growth in America, Europe, and Asia. Geami will continue to operate as a separate entity during a transition period, which we expect to complete by the end of this year." 

 

Braulio Libero, president and CEO of Geami, noted that "with this acquisition, Geami and Ranpak’s client base will be better served as they now have a broader range of paper based packaging solutions for their needs."

  

Marcelo Passos, VP of Geami and now a member of Ranpak’s senior management team, added that "with Ranpak’s infrastructure, our products will have greater exposure to new markets both in the U.S. and abroad."