Menasha Corporation has acquired Portable Packaging Systems, Inc. of Mississauga, Ontario. The family-owned business will operate as part of Menasha Packaging Canada L.P., a subsidiary of Menasha Corporation; terms of the transaction were not disclosed, as the company said in the press release received by Lesprom Network.
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 Corporation.
"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," said Mike Waite, president of Menasha Packaging Company.
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.
Menasha Packaging Company, LLC, based in Neenah, Wisconsin, is a subsidiary of Menasha Corporation and has approximately 3,300 employees at locations across North America. Menasha Packaging is a leading provider of graphic consumer packaging, merchandising solutions, corrugated packaging, food packaging, shipping containers, material handling solutions, pack-out and fulfillment services.