03.29.16
Graphic Packaging Holding Company announced that its wholly owned subsidiary, Graphic Packaging International, Inc., has agreed to acquire the converting assets of Wayne, NJ-based Metro Packaging & Imaging, Inc., a printed folding carton producer primarily servicing the food and away-from-home end markets through sheetfed and web press capabilities.
“Metro Packaging is strategically situated near key northeast customers and supports our vertically-integrated model,” Michael Doss, Graphic Packaging’s president and CEO, said. “We look forward to welcoming Armand deTorres, president and CEO of Metro Packaging, and his outstanding leadership team to Graphic Packaging.”
The acquisition is subject to standard closing requirements and is expected to be completed later this week.
“Metro Packaging is strategically situated near key northeast customers and supports our vertically-integrated model,” Michael Doss, Graphic Packaging’s president and CEO, said. “We look forward to welcoming Armand deTorres, president and CEO of Metro Packaging, and his outstanding leadership team to Graphic Packaging.”
The acquisition is subject to standard closing requirements and is expected to be completed later this week.