Menasha Acquires Canada-Based Portable Packaging Systems
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Menasha Corp., Neenah, Wis., USA, has acquired Portable Packaging Systems Inc. of Mississauga, Ont., Canada. 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 (CPG) companies, and provides material sourcing, assembly, repacking, fulfillment, and distribution services. Both companies also focus on the food, household, and personal care markets.
"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," said Jim Kotek, president and CEO of Menasha Corp.
"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," noted Mike Waite, president of Menasha Packaging Co. "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."
Founded in 1991, Portable Packaging employs more than 100 full-time employees and an average of 300 temporary workers per day at its Mississauga facility and at three customer-dedicated distribution centers in the greater Toronto area and one in Montreal.
Portable Packaging is the second Canadian acquisition for Menasha this year. In January, the company acquired PearceWellwood of Brampton, Ont.
Menasha Packaging Co. has approximately 3,300 employees at locations across North America. It is a provider of graphic consumer packaging, merchandizing solutions, corrugated packaging, food packaging, shipping containers, material handling solutions, pack-out, and fulfillment services.
Menasha Corp. is a producer of corrugated and plastic packaging and specializes in retail merchandising packaging and displays, plastic reusable containers and pallets, protective packaging interiors, and packaging supply chain and fulfillment services. Established in 1849, it is one of America’s oldest privately held, family-owned manufacturing companies, employing some 5,200 employees in more than 75 facilities in North America, Europe, and Asia.
Portable Packaging Systems, Inc. provides an integrated set of services to consumer packaged goods (CPG) companies, including creative and structural design services for promotional packaging and displays, materials sourcing and management, and packaging/repackaging and fulfillment services.