SupplyOne has acquired American packaging solutions distributor Specialty Packaging for an undisclosed sum.
Specialty Packaging founders Chris Orsini and Keith Streib will retain their leadership roles after the transaction closes.
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The company is known for its range of food packaging products such as films, trays, bags, and corrugated containers.
Its portfolio features SteamRight, a microwavable packaging solution designed to steam frozen foods directly inside the package.
Based in Connecticut, Specialty Packaging also offers protective packaging, equipment and service, packaging design, warehousing, and logistics.
Orsini said: “Joining SupplyOne is an exciting next chapter for our team and our customers.
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By GlobalData“SupplyOne’s scale, operational strength, and commitment to service excellence will allow us to enhance our breadth of offerings to customers while maintaining the culture and responsiveness that have defined Specialty Packaging since its founding.”
This acquisition marks the 47th for SupplyOne, as it continues to broaden its presence across North America.
Recently, SupplyOne purchased Wertheimer Box, an Illinois-based provider of custom shipping boxes, branded packaging, mailers for e-commerce, and speciality retail displays.
Commenting on the latest deal, SupplyOne CEO and president Todd Renehan commented: “The addition of Specialty Packaging strengthens our presence in New England while adding meaningful capabilities in packaging distribution, food packaging and equipment—two key strategic priorities for SupplyOne.
“Chris and Keith have built an organisation with a strong customer focus and an excellent reputation in the marketplace. We are excited to welcome their team into SupplyOne and build on their success through our national platform, expanded resources, and an even broader packaging portfolio.”
