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

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Image

Minnesota receives grant to help develop new bioplastics

September 17, 2014 4:08 pm ET

The University of Minnesota has received a $20 million grant to fund the development of new types of bioplastics.    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

China's Polymax Elastomer launches U.S. production in Illinois

September 17, 2014 3:35 pm ET

Chinese materials maker Polymax Elastomer Technology Co. Ltd. has opened a North American production site and headquarters in Waukegan, Ill.    More

Image

Georg Fischer closing SC pipe plant

September 17, 2014 2:58 pm ET

Georg Fischer Central Plastics LLC (GFCP) closed its manufacturing operation for pipe components in Abbeville, S.C., on Sept. 15, putting 17 employees...    More

Market Reports

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

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events