Veritiv Buys Ameripac Assets
Contributed by BSM Staff

ATLANTA -- Veritiv Corporation, a distributor of packaging, facility solutions and print products and solutions, has acquired substantially all the assets of Ameripac, LLC, a provider of turnkey contract packaging and fulfillment services with annual revenues of approximately $60 million.

"The acquisition of the AmeriPac business complements our recent acquisition of Vivabox Solutions and will further enhance Veritiv's end-to-end kitting and co-packing capabilities," said Sal Abbate, CEO of Veritiv. "This acquisition advances our effort to create a national platform combining our leadership in packaging distribution, commercial operations, automation, and design and testing, along with best-in-class value-added solutions in kitting, co-packing, labeling, and fulfillment, to better serve customers.”

Founded in 1989, the AmeriPac business adds meaningful capabilities and scale to Veritiv's existing kitting and co-packing platform with expertise in complex packaging processes and the ability to flex resources to rapidly respond to business seasonality and customer needs.

The AmeriPac business serves customers in a variety of high-growth segments, anchored by an attractive customer base in the cosmetic and personal care industries.

"At AmeriPac, we have built a foundation that enables us to offer our customers flexible packaging solutions for multiple types of products by combining leading-edge packaging equipment with technical know-how to maintain a high-level of accuracy throughout the process," said Greg Wren, CEO of AmeriPac.

"Joining the Veritiv team represents an opportunity to expand our services and our reach through Veritiv's established commercial infrastructure, packaging procurement and distribution expertise, and enhanced design and testing capabilities. We look forward to building on our current success and enhancing our service to customers as part of the Veritiv team."

The AmeriPac business workforce of nearly 600 is located in Grapevine and Dallas, TX and Mechanicsburg, PA.

Alston & Bird served as legal advisor on the transaction for Veritiv.

For more information, www.ameripacinc.com or www.veritiv.com.