GAB Packaging buys three Canadian companies

By Michael Lauzon
Correspondent

Published: December 11, 2013 3:47 pm ET
Updated: December 11, 2013 3:49 pm ET

Related to this story

Topics Mergers & Acquisitions, Packaging

GAB Packaging Ltd. is expanding into plastics industrial packaging with the acquisition of three Canadian companies.

GAB of Candiac, Quebec, has specialized in industrial paperboard packaging services. By purchasing the companies it is adding distribution and design of polyethylene and polyurethane foams, air bubble cushioning, lamination and a range of thermoforming films, including electrostatic dissipation types, to its services.

GAB is buying Smith-Induspac operations in Toronto, Ottawa and Montreal. In addition to distributing plastics packaging they sell paperboard packaging.

Specialized Packaging Group LP announced the sale of the three subsidiaries on Dec. 6. The Lachine, Quebec, company said selling the three operations will allow it to focus more on non-fiber packaging. Its continuing operations include Ivex Corp. of Longueuil, Quebec, which supplies engineered foams, bubble cushioning and foam-in-place machinery. Ivex U.S. operations include a facility in Ontario, Calif. Other Specialized Packaging Group operations are in Mexico, France, Germany and Poland.


Comments

GAB Packaging buys three Canadian companies

By Michael Lauzon
Correspondent

Published: December 11, 2013 3:47 pm ET
Updated: December 11, 2013 3:49 pm ET

Post Your Comments


Back to story


More stories

MGS buying N.Y. medical molding plant from Hospira

April 17, 2014 10:19 pm ET

MGS Manufacturing Group is purchasing the Buffalo, N.Y., injection molding facility and related product line of Hospira Inc., effective July 1. Terms ...    More

Image

Navigating the rough seas of selling your company

April 17, 2014 2:47 pm ET

For family owned plastics firms who survived the Great Recession, many wonder: Is it time to sell, retire and sip cocktails on the beach? Or, maybe...    More

Spain's Cristian Lay Group buys two materials units of bankrupt LSB

April 17, 2014 11:11 am ET

Spanish industrial conglomerate Cristian Lay Group has purchased two of the bankrupt Spanish PET packaging group La Seda de Barcelona.    More

Negri Bossi's new owners may 'bring significant manufacturing' to US

April 16, 2014 1:09 pm ET

Italian plastics equipment major Negri Bossi may “bring significant manufacturing of injection molding machines back to the United...    More

New Tigre, ADS JV aims to open more doors for Tigre in US

April 16, 2014 12:15 pm ET

A new joint venture between Tigre S.A. Brazil, a leading PVC pipe maker, and Advanced Drainage Systems Inc., the world's largest high-density polyethy...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events