American pulp and paper company Georgia-Pacific has acquired Excel Displays & Packaging for an undisclosed amount.
The acquisition covers Excel's converting plant in Aurora, Illinois, its sales and design office in Bentonville, Arkansas, and a minority stake in Five Star Sheets sheet feeder consortium in New Carlisle, Indiana.
This investment will bring new point-of-purchase displays and digital print capabilities that will complement Georgia-Pacific's existing print offering.
Georgia-Pacific said that its corrugated business manufactures high graphic and traditional corrugated packaging.
Nearly 120 employees from Excel will join Georgia-Pacific's workforce under the acquisition.
Georgia-Pacific corrugated president Billy Medof said: "Excel has a highly regarded team and a reputation for quality packaging and innovative displays.
"We are excited to welcome them to the Georgia-Pacific corrugated team and look forward to enhancing the solutions we bring to our customers."
Established in 1989, Excel designs and manufactures point-of-purchase displays, high-graphic retail packaging, in-store signage and industrial packaging.
Excel founder Michael Mikula said: "As our growth and national presence accelerated over the past several years, we were looking for a company that could take our investments, grow them further, and provide access to a larger customer base that can benefit from all that Excel has to offer."
Georgia-Pacific's product portfolio includes corrugated containers and speciality packaging products, including double and triple-wall boxes, bulk bins, water-resistant packaging, and high-finish and preprinted packaging for point-of-sale displays.
The company also offers Color-Box packaging, which allows customers to customise packaging based on their requirements.
Image: The acquisition will bring new point-of-purchase displays and digital print capabilities to Georgia-Pacific. Photo: courtesy of Georgia-Pacific.