S. Walter Packaging Group has confirmed it has reached an agreement to acquire Elk Grove, IL-based folding carton converter, Pulver Packaging.
The acquisition means S. Walter now has the ability to provide all-inclusive services to customers looking for fully customizable packaging solutions. These services include design, sourcing, printing, fabrication, enhancement, warehousing, inventory management, fulfillment and delivery.
“We are always looking for opportunities that will provide additional value to our broad base of customers and this acquisition allows us to offer a one-stop shop for turnkey customized packaging solutions,” said Kurt Koloseike, President and CEO, S. Walter Packaging Group. “For more than a century, S. Walter has been committed to developing and refining packaging solutions for companies and brands of every size in a multitude of industries and verticals. This acquisition is a testament to that commitment.”
“For more than 65 years, Pulver Packaging has been an industry leader with a reputation for exceeding our customer demands, and this acquisition means our customers now have more robust, next-level solutions for all their packaging needs,” noted Patrick Pulver, President, Pulver Packaging.”
The Pulver Packaging operations will remain in Elk Grove, IL, and will become part of LPI, a Milwaukee, WI-based division of SWPG.
“LPI has always been a leading provider of new solutions for our packaging and graphic finishing customers and this acquisition will allow us to bring more innovative solutions for our customers,” said Mike Draver, SVP and General Manager, LPI. “We look forward to working with the Pulver Packaging team to expand our manufacturing platform and leveraging our extensive design, graphic printing and graphic finishing solutions to provide limitless possibilities for our clients.”