Georgia-Pacific Corrugated Acquires Southern California-based Reliable Container
ATLANTA, June 9, 2016 - Georgia-Pacific continues to expand its corrugated packaging business with the acquisition of Southern California-based Reliable Container. The acquisition includes converting plants in Santa Fe Springs, California, and Tijuana, Mexico. Terms of the deal are not disclosed.
"Georgia-Pacific has had a working relationship with Reliable Container for many years and now welcomes them as part of our organization, expanding our capability and geographic reach in the important Southern California and Baja region," said Billy Medof, president, GP Corrugated. "This acquisition further demonstrates our commitment to build our customers' brands, improve their operations and optimize their packaging. With this acquisition and following the conversion of our La Mirada sheet feeder to a state-of-the-art box plant, we will serve customers in Southern California and Northern Mexico with a box plant, two sheet plants, and through our interest in the GoldenCorr sheet feeder."
Established in 1979, Reliable Container offers a variety of custom corrugated containers and point-of-purchase displays, in addition to offering consultation, design and inventory services. Their diverse customer base includes furniture, food and beverage, consumer products, auto, electronics, fabricated metal products and services industries. The approximately 250 employees are now part of Georgia-Pacific.
"Georgia-Pacific has been one of our major suppliers and a customer for many years. We are very pleased they have purchased Reliable Container," said Dan Brough, president and founding partner of Reliable Container. "Having seen how Georgia-Pacific applies a market-based business philosophy, we felt this would be the right company for our long-term and hard-working employees and loyal customers. As a Georgia-Pacific company, we know that Reliable will continue to grow and maintain outstanding support of our customers."
Mesirow Financial acted as the exclusive financial advisor to Reliable Container.
About Georgia-Pacific Corrugated
Georgia-Pacific is a recognized leader in innovative, customer-focused packaging solutions. A commitment to building a better box for customers is demonstrated through an ongoing focus on safety, sustainability and consistent quality in manufacturing high graphic and traditional corrugated packaging. Georgia-Pacific Corrugated operations across the country offer a range of products and services, including CubeLogic® Greenshield®, Color-Box® Litho-Corr™ and Brand Ready Packaging®. The company's Innovation Institute® simulates retail and packaging environments, allowing customers to experience sustainable innovation and novel package design solutions in action. For more information visit www.gpcorrugated.com.
SOURCE Georgia-Pacific
CONTACT:
Julie Davis,
404-652-6878,
jtdavis@gapac.com
Web Site: www.gp.com
