B2B Industrial Packaging still on the hunt for acquisitions

By Jim Johnson
Senior Staff Reporter

Published: June 26, 2014 2:25 pm ET
Updated: June 26, 2014 2:27 pm ET

Related to this story

Topics Mergers & Acquisitions, United States, Packaging, Pallets/skids/materials handling, Film & Sheet

An industrial packaging company says it isn’t done growing through acquisitions.

B2B Industrial Packaging, based in Addison, Ill., already has made a trio of deals in recent years. And now is showing interest in acquiring firms near the cities of Chicago, Dallas, Houston, Los Angeles, San Francisco, Kansas City or Charlotte, N.C.

B2B Industrial Packaging is looking for firms that are “strong in the strap, wrap and related products markets” with revenue from $1 million to $20 million annually, the company said.

“Acquisitions,” said vice president of sales Pat Yonkus in a statement, “are a key component to our strategy.”

Earlier this year, B2B Industrial Packaging acquired Lesker Co., an industrial strapping supplier based in Stone Park, Ill. That followed deals for Pac Fast Corp. of Yorba Linda, Calif., in 2010 and Western Metals & Strapping Corp. of Haywood, Calif., in 2009.


Comments

B2B Industrial Packaging still on the hunt for acquisitions

By Jim Johnson
Senior Staff Reporter

Published: June 26, 2014 2:25 pm ET
Updated: June 26, 2014 2:27 pm ET

Post Your Comments


Back to story


More stories

Image

Atkore expands in PVC conduit, buying American Pipe & Plastics

October 20, 2014 6:06 pm ET

Atkore International Inc. of Harvey, Ill., has acquired PVC conduit maker American Pipe & Plastics Inc. of Kirkwood, N.Y., which serves the...    More

Molder goes to auction block

October 17, 2014 12:17 pm ET

An Illinois custom injection molding operation will be auctioned off after its owner decided to close the business.    More

Image

Plastikon expanding in Kentucky

October 17, 2014 11:24 am ET

Automotive supplier Plastikon Industries Inc. plans to more than double the size of its production facility in Leitchfield, Ky.    More

Image

OnePlastics Group brand created to cover seven different plastics firms

October 17, 2014 9:48 am ET

A Dublin-based company is launching a new brand to unify its plastics businesses into a single entity called OnePlastics Group.    More

Image

PolyOne denies report it's bidding for Klöckner Pentaplast

October 16, 2014 11:44 am ET

UPDATED — Compounding leader PolyOne Corp. is denying a report that it bid as much as $2 billion for film and sheet major Klöckner Pentaplast Gr...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events