NEENAH, Wisc. — Menasha Corporation has acquired Canadian packaging company Portable Packaging Solutions. The terms of the transaction were not disclosed, but the newly acquired business will become part of Menasha’s Canadian packaging subsidiary. It is Menasha’s second Canadian acquisition this year.
“Acquiring an additional company in Canada that is well-aligned with our values and business model provides Menasha Packaging with additional capabilities and resources to meet the growing needs of CPG customers in North America,” Menasha’s president and CEO Jim Kotek said.
Portable Packaging Systems has been family owned since it was founded in 1991 in Mississauga, Ontario and has about 100 full-time employees. It provides structural and creative design services, as well promotional, materials sourcing and fulfillment services.
“Portable Packaging’s structural and graphic design expertise, along with its integrated merchandising supply chain model, complement Menasha Packaging’s platform and strengthens our integrated materials and services business model in Canada,” Menasha Packaging Company’s president, Mike Waite, said.