Embracing the concept that the power of two packaging companies is better than one, Berlin Packaging, a full-service supplier of plastic, glass, and metal containers and closures, has announced its agreement to acquire All-Pak, Inc., a Pittsburgh, PA-based packaging supplier, in a deal aimed at “accelerating growth of both companies and quantifiably assisting customers in growing their net income.”
The combined company, with annual revenues approaching $500 million, will bring together two ISO-certified suppliers of rigid packaging products and services.
“This exciting transaction unites two highly complementary businesses and will enable us to continue to unlock value for our customers, suppliers, and employees,” said Andrew T. Berlin, chairman and CEO of Berlin Packaging. “We believe the transaction will significantly enhance our ability to realize faster growth, lower system costs, and improved productivity for our partners.”
Berlin Packaging, founded in 1898, is one of North America’s largest stocking suppliers of glass, plastic, and metal containers and closures.
All-Pak was formed in 1958 and today, supplies rigid packaging products and services to a wide variety of markets.
Upon completion of the acquisition, the combined company will provide customers with wider geographic coverage, operating in over 40 sales offices and warehouse locations across the U.S., including Puerto Rico and an expanded eastern U.S. footprint. The combined company will also offer customers a broader array of products, with over 24,000 stock keeping units available each day.
An expanded array of services will include custom packaging design, international sourcing, capital lending, supply chain optimization, inventory management, and assembly.
All-Pak and Berlin Packaging together utilize over 600 worldwide suppliers in the areas of plastic, glass, and metal packaging.