Georgia-Pacific acquires PAX Corrugated Products in US
Georgia-Pacific (GP) has acquired US-based PAX Corrugated Products in a bid to strengthen its corrugated packaging business for an undisclosed sum.
PAX operates a corrugated sheet plant located in Lebanon, Ohio, US.
GP Corrugated president Billy Medof said: “Georgia-Pacific has had a working relationship with PAX Corrugated for many years so we knew their organisation would be an excellent fit with the GP Corrugated team.
“The PAX team will continue to deliver quality products and service to their customers as they do today.
“Their graphics and converting proficiency will accelerate our growth in digitally printed sheets from our digital print solutions business and their display capability will expand our growing display business.”
Established in 1991, PAX Corrugated Products caters to various clients serving food, pharmaceuticals, automotive and other consumer products industries.
Following the transaction, all the company’s employees will become part of the GP team.
PAX Corrugated Products co-founder Stan Bernard said: “The packaging industry has come a long way from when I became involved in the 1960s.”
In May 2016, GP Corrugated collaborated with PAX Corrugated to introduce a new advancement enabling craft brewers to customise graphics on six, 12 and 24-pack carriers.
GP develops customer-focused packaging solutions, including CubeLogic, Greenshield, Color-Box, Litho-Corr and Brand Ready Packaging.