Golden West Packaging Group acquires 4 packaging companies and their co-owned sheet feeder plant
24 June 2017
Golden West Packaging Group LLC has acquired four independent packaging companies: Heritage Solutions, Inc., Capital Corrugated, Inc., PackageOne, Inc., Packaging Innovators Corporation; and their co-owned captive sheet feeder, Cal Sheets, LLC.
This transaction creates a leading West Coast mill-independent system that provides custom packaging to a diversified customer base with an emphasis on the wine, food, produce and e-commerce markets.
Golden West Packaging CEO Steve Strickland said, “These transactions give Golden West Packaging annual revenue of more than $250 million generated from a portfolio of well-invested assets that includes $35 million in advanced equipment upgrades over the last three years. The companies we have acquired are dedicated to delivering high-quality packaging solutions to their customers. We are eager to work with them to combine our collective experience in exceeding customer expectations and engaging employees in productive and safe operations.”
Golden West Packaging is a holding company created in 2017 by Lindsay Goldberg LLC for investments in the packaging industry.