Mill Rock Packaging (MRP) has entered into an alliance with Everett Graphics, a US-based producer of folding-carton packaging solutions.
The strategic move will see MRP acquiring Everett Graphics’ packaging and laminating facility located in Woodland, California.
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The two companies also entered into a long-term supply agreement, aimed at improving MRP’s capabilities and accelerating its growth initiatives.
MRP, a portfolio company of Mill Rock Capital, has not disclosed the terms of the transaction.
MRP CEO Allen Ennis said: “The addition of the Woodland facility is a critical part of our strategy to grow our West Coast packaging business and complements our continued investment in large-format printing.
“We welcome the team and value the deep industry knowledge they will bring to our customers.”
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By GlobalDataThe Woodland facility is equipped with assets, including a Bobst Masterflute, as well as large format die cutting and gluing capabilities.
This acquisition is expected to enhance MRP’s service offerings in the packaging sector.
In addition to the asset acquisition, MRP will partner with Everett to support the latter’s sustainable tray business, which focuses on replacing single-use plastics.
This partnership aligns with the growing demand for environmentally friendly packaging solutions.
Everett Graphics CEO Whit Everett said: “I can’t think of a better home for our laminating unit, and I’m excited to be partnering with Mill Rock Packaging on our growing tray offering.
“Their extensive network of facilities will be a valuable asset as we continue our mission to assist customers in replacing single-use plastic.”
Mill Rock Packaging invests in companies with advanced service and product capabilities in the consumer packaging industry.
In February 2024, Mill Rock Packaging acquired Keystone Paper & Box Company, a company that provides high-end paperboard packaging.
