Unisource Worldwide completes Pakit acquisition
By Canadian Packaging StaffGeneral acquisition Inc. molded-fiber Pakit Sweden AB UGS Unisource Global Solutions Unisource Worldwide
Deal expands Unisource’s capabilities in sustainable packaging design, engineering and manufacturing.
Norcross, Ga.—Unisource Worldwide Inc. has announced that its Unisource Global Solutions (USG) division—a provider of sustainable packaging solutions—has completed its asset acquisition of Pakit Sweden AB, an 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,” says Unisource Worldwide chief executive officer Al Dragone. “It also improves Unisource’s capability to be more responsive to our customer needs in the sustainable packaging area.”
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,” notes UGS president Gary Miller.
UGS provides advanced packaging design/engineering solutions with a focus on rapidly renewable materials.