SOURCE: Menasha Corporation

Menasha Corporation

June 01, 2015 17:30 ET

Menasha Corporation Announces Acquisition of Canada-Based Portable Packaging Systems

Acquisition Further Expands Menasha Packaging Company's Operations in Canada, Enhances Integrated Merchandising Solutions

NEENAH, WI--(Marketwired - June 01, 2015) - Menasha Corporation announces that it has acquired Portable Packaging Systems, Inc. of Mississauga, Ontario. The family-owned business will operate as part of Menasha Packaging Canada L.P., a subsidiary of Menasha Corporation; terms of the transaction were not disclosed.

Like Menasha Packaging, Portable Packaging designs promotional packaging and displays for retailers and consumer packaged goods (CPG) companies, and provides material sourcing, assembly, repacking, fulfillment and distribution services. Both companies also focus on the food, household and personal care markets.

"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," said Jim Kotek, president and CEO of Menasha Corporation.

"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," said Mike Waite, president of Menasha Packaging Company. "This is a very exciting time for our company and employees, and I look forward to the many opportunities this partnership and expansion will provide to new and current customers in Canada."

Founded in 1991, Portable Packaging employs more than 100 full-time employees and an average of 300 temporary workers per day at its Mississauga facility and at three customer-dedicated distribution centers in the greater Toronto area and one in Montreal.

Portable Packaging is the second Canadian acquisition for Menasha Corporation this year. In January, the company acquired PearceWellwood of Brampton, Ontario.

About Menasha Packaging
Menasha Packaging Company, LLC, based in Neenah, Wisconsin, is a subsidiary of Menasha Corporation and has approximately 3,300 employees at locations across North America. Menasha Packaging is a leading provider of graphic consumer packaging, merchandising solutions, corrugated packaging, food packaging, shipping containers, material handling solutions, pack-out and fulfillment services.

With a network of design, sales service centers, corrugated and paperboard manufacturing plants, and fulfillment facilities located throughout North America, the company's mission is to help its customers protect, move and promote their products better than anyone else. Visit its website at www.menashapackaging.com.

About Menasha Corporation
Menasha Corporation is a leading corrugated and plastic packaging manufacturer and supply chain solutions provider specializing in retail merchandising packaging and displays, plastic reusable containers and pallets, protective packaging interiors, and packaging supply chain and fulfillment services. Menasha Corporation's products and services are used by major food, beverage, consumer products, healthcare, pharmaceutical, industrial and automotive companies. Established in 1849, Menasha Corporation is one of America's oldest privately held, family-owned manufacturing companies. Headquartered in Neenah, Wisconsin, the company employs approximately 5,200 employees in more than 75 facilities in North America, Europe and Asia. For more information, visit www.menasha.com.

About Portable Packaging Systems
Portable Packaging Systems, Inc. provides an integrated set of services to consumer packaged goods (CPG) companies, including creative and structural design services for promotional packaging and displays, materials sourcing and management, and packaging/repackaging and fulfillment services. Founded in 1991 and family-owned, Portable Packaging is based in Mississauga, Ontario.

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