Menasha Packaging Acquires PearceWellwood

 

Menasha Corp., Neenah, Wis., USA, report that it has acquired PearceWellwood Inc., Brampton, Ont., Canada. The family-owned business will operate as a part of Menasha Packaging Co., a subsidiary of Menasha Corp. Terms of the transaction were not disclosed.

 

PearceWellwood designs corrugated displays for the retail industry and offers fulfillment and distribution services. In a related transaction, Menasha also acquired an ownership interest in Tencorr Packaging, a corrugated sheet producer with plants in Brampton and Mississauga, Ont., from PearceWellwood’s parent company, Pearce Group. The Tencorr investment will ensure that the PearceWellwood business will continue to benefit from a reliable, high-quality corrugated supply.

 

"The acquisition of PearceWellwood provides Menasha Packaging Company a foothold in Canada to better serve new and existing major consumer packaged goods customers located in the region with expertise in display design, manufacturing, and fulfillment," said Jim Kotek, president and CEO of Menasha Corp.

 

"Acquiring PearceWellwood allows Menasha Packaging to not only expand geographically in Canada with an established facility and manufacturing operation, but to do so with a reputable company that operates with a similar business model and value system," said Mike Waite, president of Menasha Packaging Co. "The combined companies’ packaging offerings and fulfillment capabilities expand Menasha’s market-leading footprint and will improve our ability to provide Canadian customers with end-to-end merchandising solutions."

 

Similar to Menasha, PearceWellwood uses market research and an integrated merchandising model to provide customers with value-added insight and end-to-end solutions. Both companies serve retailers and consumer packaged goods customers in food, household, and personal care segments.

 

Founded in 1974, PearceWellwood has two facilities in Brampton, Ont., and 140 employees.