Unisource Worldwide Completes Acquisition of Pakit
6600 Governors Lake Pkwy.
Norcross, GA, 30071
Press release date: August 9, 2012
Transaction Expands Unisource's Capabilities In Sustainable Packaging Design, Engineering And Manufacturing
NORCROSS, Ga.- Unisource Worldwide, Inc. has announced that its division Unisource Global Solutions (UGS) - a world leader in developing and commercializing innovative, globally sustainable packaging solutions - has completed the asset acquisition of Pakit Sweden AB. The company is a leading international developer of molded fiber solutions for the packaging industry.
"This acquisition builds upon our commitment to be a world leader in providing cutting-edge design, technology, research, manufacturing and ongoing innovation to the packaging industry," said Al Dragone, CEO of Unisource Worldwide. "It also improves Unisource's capability to be more responsive to our customer needs in the sustainable packaging area," he said.
The acquisition by Unisource includes the purchase of equipment that uses cellulose fibers to manufacture molded fiber packaging, replacing the use of plastic trays, bottles, containers, carriers and other conventional petroleum-based packaging. The equipment also uses considerably less energy than current packaging processes and reduces the use of water and emissions.
"The molded fiber manufacturing equipment we have acquired will expand UGS' production resources to drive the next generation of packaging solutions to meet the industry's growing interest in sustainable packaging on a global basis," said Gary Miller, President of UGS.
UGS provides innovative and technologically advanced packaging design/engineering solutions with a focus on rapidly renewable materials that deliver brand-differentiating results for its customers. The company recently received two prestigious honors in recognition of its sustainable packaging solution and innovative business model: the 2012 LUXE PACK in GREEN award and the CBN Weekly Innovation 50 award.
About Unisource Worldwide, Inc.
Unisource Worldwide, Inc., headquartered in Norcross, Ga., is one of the largest privately held companies in the United States and offers a comprehensive suite of customer solutions - including engineered design capabilities, eBusiness technologies, logistics expertise, paper brokerage services, and environmentally-responsible options. The company also markets a full line of commercial printing and business imaging papers, packaging materials and systems, and facility supplies and equipment. With more than 4,000 Team Members located worldwide throughout business units in the United States, Canada, Europe and Asia; and a fleet of "Big Red" trucks based at approximately 90 locations across North America, Unisource is the company that provides Customer Solutions in a Global Market. Unisource can be found online at www.unisourceworldwide.com.
About Unisource Global Solutions
Unisource Global Solutions (UGS) - a division of Unisource Worldwide, Inc. - is a leader in the development of sustainable environmental solutions to meet the needs of ecologically minded clients. UGS provides innovative and technologically advanced packaging design/engineering solutions with a focus on rapidly renewable materials that deliver brand differentiating results for our customers. From exterior shipping cushions to the rigid box to the internal trays, UGS has the technological know-how and capability to make your packaging more sustainable. Unisource can be found online at www.unisourceglobalsolutions.com.
CONTACT: Kevin Feeney, Senior Director, Corporate Communications, Unisource Worldwide, Inc., +1-770-209-6552