Mergers & Acquisitions

M. Jacob & Sons Completes Acquisition of Packaging Consultants Group

Original Press Release

M. Jacob & Sons Completes Acquisition of Packaging Consultants Group

Press release date: October 17, 2011

October 17, 2011 - Livonia, Mich. - M. Jacob & Sons (MJS), an industry leading provider of rigid packaging, is pleased to announce the recent acquisition of Packaging Consultants Group (PCG) in Brewster, New York. The acquisition brings together two established and respected names in the packaging industry. MJS will be able to better serve its clients it the northeast with the presence of PCG's regional office as well as gain access to a variety of quality packaging options that were previously only offered through PCG. The existing operations of PCG will remain as they are and become a wholly owned subsidiary of M. Jacob & Sons. As part of the continued growth of M. Jacob & Sons, the new acquisition of Packaging Consultants Group will improve business operations across the country. "Both companies share the same core values and approach to serving customers' needs." noted David Lublin, Chief Operating Officer of M. Jacob & Sons. "We at MJS are proud to have Packaging Consultants Group become part of the oldest packaging company in the country. Former owner of PCG, Steve Penn, says "This is a great opportunity to leverage synergies and provide our customers the benefit of added resources, technical support and depth of service." All of PCG's employees were offered to keep their positions and all have agreed to stay, including Mr. Penn who will stay on as president of the M. Jacob & Sons subsidiary.


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