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 Packaging Mergers & Acquisitions Film & Sheet United States Pallets/skids/materials handling
Companies & Associations

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

Bemis Co. reports sales growth

April 24, 2015 9:57 am ET

Bemis Co. Inc., in what the company is describing as a strong quarter, saw consistent earnings from continuing operations.    More

Image

KHS cuts packaging with direct printing on PET bottles, adhesive multi-packs

April 23, 2015 1:39 pm ET

KHS GmbH has been pouring a lot of time into solving issues related to direct printing on PET bottles, and after eight years of work, everyone...    More

Image

MeadWestvaco joins the Recycling Partnership

April 23, 2015 11:19 am ET

MeadWestvaco Corp., a global packaging company with some operations in plastics, is joining the Recycling Partnership.    More

Image

Sidel, BMS reach agreement on spindle patent case

April 20, 2015 1:24 pm ET

Sidel Group and Blow Mold Services LLC have reached an agreement in Sidel's patent infringement lawsuit against BMS involving the spindle chain on a...    More

Image

Adidas phasing out plastic bag use

April 20, 2015 11:50 am ET

Sporting goods company Adidas AG is phasing out the use of plastic bags in its own retail stores as part of a larger effort raise awareness about ocea...    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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events