U.S. Corrugated Acquires Majority Interest in Corrugated and Packaging
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It was reported earlier this month (Sept. 2018) that Corrugated and Packaging (C&P) with operations in Mexico and California was aquired, in majority interest, by US Corrugated (Covington, Ga., USA). The company was founded in 2014 by David Ortiz, Santiago Fernandez, and Ruben Villegas who will continue as shareholders and will continue to lead the business on a daily basis.
"Everyone at C&P is excited about the synergies and increased geographical footprint that this transaction is bringing to the group. U.S. Corrugated and C&P are now a truly international organization with the scale to service all of our customers and open up new markets leveraging USC's capabilities and new technologies such as digital printing", remarked David Ortiz, president of C&P.