Veritiv Corp., a North American provider of business-to-business distribution, completed the acquisition of All American Containers, a family-owned and operated distributor of rigid packaging, including plastic, glass and metal containers, caps, closures and plastic pouches.
"The acquisition of All American Containers aligns well with our strategy of investing in higher growth and higher-margin segments of our business," says Mary Laschinger, Veritiv’s Chairman and CEO. "Through this acquisition, Veritiv is gaining important expertise in rigid plastic, glass and metal packaging that complements our portfolio of packaging products and services. Over the past two decades, All American Containers has experienced significant year-over-year growth that can be attributed to the leadership and dedication of the company's ownership and employees."
The acquisition provides Veritiv additional marketing, selling and distribution channels into the growing U.S. rigid packaging market. The rigid packaging market's primary segments include paperboard, plastics, metal and glass.