By: Jim Johnson
June 26, 2014
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.