Terms for the deal aren't being disclosed. Annual revenue and employee numbers are also not being shared publicly.
Pipeline Packaging is a distributor of rigid industrial containers, and HAZMATPAC makes and distributes packaging containers for hazardous materials. HAZMATPAC, which has locations in Houston and Philadelphia, will operate as a wholly owned subsidiary of Pipeline Packaging. Pipeline Packaging is itself a subsidiary of the Cleveland Steel Container Corp.
Pipeline Packaging also makes industrial packaging including pails, drums, tubs and closures.
"This acquisition represents a significant product line extension for our company and an exciting opportunity to expand into this niche business," said Chris Nelson, president of Pipeline Packaging, in the release.